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Business charges on a personal card

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lexrjSD
Regular Contributor

Business charges on a personal card

So I've been putting business expenses on my personal Arrival card but I read here that is considered a big no no for cc companies. My question is why is it a big deal?

I still pay in full and its less then 10% of what I charge overall for the personal expenses on the card.

WALLET: Amex BCP 25K | Barclay Arrival Plus 27K | Chase Reserve 20K |
Amex SimplyCash 50K

FICO: EX 812 | EQ 815 | TU 815
Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Business charges on a personal card

I don't see wy that would be a problem. 

 

The only concern I would have as far as that goes is my business taxes. In order to separate business expenses from personal expenses, I would have to make my company reimburse me for any payments I made with my personal cards on behalf of my company. 

 

If there is a specific reason why that's a no-no for CCCs, then I'd definitely wanna hear it. 

Message 2 of 5
Anonymous
Not applicable

Re: Business charges on a personal card


@lexrjSD wrote:

So I've been putting business expenses on my personal Arrival card but I read here that is considered a big no no for cc companies. My question is why is it a big deal?

I still pay in full and its less then 10% of what I charge overall for the personal expenses on the card.


As long as they don't know and you don't tell. Who are they to tell you what's a business expense? Smiley Very Happy

 

500lbs of potatoes? Family Reunion. 100 cases of coca cola? Charity donation. 20 computers all with the same specs, desks, and office chairs? You have a big house. Smiley Happy

Message 3 of 5
mongstradamus
Super Contributor

Re: Business charges on a personal card

I thought it was other way around when you put personal expenses on business card they didn't like that?



EX Fico 804 11/16/16 Fako 800 Credit.com 11/16/16
EQ SW bank enhanced 11/16/16 839 CK fako 822 11/16/16
TU Fico discover 10/19/16 814 Fako 819 Creditkarma 11/16/16
Message 4 of 5
Anonymous
Not applicable

Re: Business charges on a personal card


@mongstradamus wrote:

I thought it was other way around when you put personal expenses on business card they didn't like that?


That's the one that can actually get them in trouble, Actually.

Message 5 of 5
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