Corporate Business Credit Cards refer to the Business Credit Cards which offer special facilities for the Large Business Corporations. These Corporate Business Credit Cards help the large Business Organizations in Expense Management. With these Corporate Business Credit Card, Corporations can easily streamline their purchases and can reduce the administrative costs of running business.
The Benefits that a Corporate Business Credit Card generally provide are the following:
The Corporate Business Credit Card offers Multi Card Facility. These multiple cards help the corporations in reducing the expenditure associated with authorization, payment and reconciliation of purchases.
Multiple Card Facility of Corporate Business Credit Card helps the corporations in tracking and controlling of Fuel Expenses, Maintenance Expenses and Travel Expenses.
The Large Business Organizations can enjoy Flexible Billing System and Flexible Payment Options with Corporate Business Credit Card.
The Business Corporations can get the advantage of comprehensive spending control though the authorization process is quite flexible.
Generally all the banks and financial companies which offer Corporate Business Credit Card provide assistance to their customers.
There are many Corporate Business Credit Cards available in the market. Here we will discuss two Corporate Business Credit Cards which are counted among the most popular ones.
Wells Fargo Corporate Credit Card
This card is ideal for the business corporations which have a sales figure of more than $2million.
The customers can get up to 200 Additional Cards with a single Corporate Credit Card Account.
Card holders get Travel accident Insurance with each card.
The card also provides Auto Rental Insurance and Purchase Protection.
The purchases made with the card carry extended warranty upto 1 additional year.
Bank of America Corporate Card
The card carries the facility of Emergency Cash and Card Replacement.
Card holders are provided with Liability Protection in case of card loss or card theft.
Card holders get facility of Extended Warranty on the products purchased with the corporate card.
Along with the card, the customer receives primary Auto Rental Insurance.
With the advent of the Internet, major movie and record studios have been demanding extensions to copyright laws in order to preserve outdated business models. But copyright law can do little to protect them and they need to move with the times and embrace the new technologies.
Read more
Nouriel Roubini, a.k.a. “Doctor Doom”, is chairman of Roubini Global Economics and professor of economics at New York University’s Stern School of Business. Roubini has been consistently cited as one of the world’s top global thinkers. This year, he was voted as the most influential economist in the world by Forbes magazine.
Non-Executive Chairman of Morgan Stanley Asia. Lecturer at Yale University's School of Management and Jackson Institute for Global Affairs. Author of "The Next Asia".
Got something to say about the economy? We want to hear from you. Submit your article contributions and participate in the world's largest independent online economics community today!