Regular Contributor
Posts: 129
Registered: ‎10-12-2012

Question about AMEX card usage: Business vs. Personal

Hi all,


I have an small LLC and have acquired an AMEX SimplyCash for business. I'm planning to get AMEX Blue Cash Everyday (personal) too.

When it comes to gasoline and wireless phone bills (both business and personal usage), I'd like to use the SimplyCash. But when I shop department stores (e.g. buying business clothes, or sodas/bottle water for my office) I like to use the Blue Cash. The reason is obvious right? I want to maximize the cash rewards. At the end of the day, I'm still paying for both cards using either my business checking or personal checking.


Will AMEX give me a hard time about this, given that I'm doing this on the *sometimes* basis and not abusing.




FICO Scores: EX 744 (Quizzle), myFICO EQ 675, myFICO TU 708
Credit Cards: Chase Freedom 7k | Cap1 Spark Cash 5.5k | AMEX TrueEarnings 4.5k | Cap1 Cash Visa 3.5k | Cap1 Cash MC 3.5k | AMEX SimplyCash 3K | Discover IT1k
Store: PayPal SmartConnect 5k | JCP 4.2k | Banana 3k | Walmart 2.2K | Kohls 1500 | TargetRED 300
Established Contributor
Posts: 513
Registered: ‎07-31-2012

Re: Question about AMEX card usage: Business vs. Personal

Read this post: There is some info regarding that very subject. Especially the link about the IRS.

What's in my wallet: Cap1 Venture NFCU Sig Visa Delta Gold Amex BCE Citi Simplicity IHG World MC Amazon Visa CSP
Starting Score: 5/2010 550-ish
Current Score: 6/20/2013 TU 800 6/20/2013 EQ 770 6/20/2013 EX 775
Goal Score: 800 accross the board

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+