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.
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Professor at Columbia University. Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 & the John Bates Clark Medal in 1979. Author of "Freefall: America, Free Markets", "The Sinking of the World Economy", "Globalisation and its Discontents" & "Making Globalisation Work".
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".
CEO and co-CIO of PIMCO. Served as President and CEO of the Harvard Management Company for 2 years, while also working at the IMF for 15 years. In 2008, his book "When Markets Collide", won the Financial Times award for Business Book of The Year in addition to being named as the one of the best business books of all time by The Independent.
Vice President and Director of the Global Economy and Development Program at the Brookings Institution. Former Turkish Minister of State for Economic Affairs. Head of the United Nations Development Program (UNDP) from 2005-2009.