Can I keep my business and personal finances separate?

Yes, you can keep business and personal finances separate, though you might have to provide a personal guarantee to open your first business credit card.

When does having a company credit card help your personal credit?

If your card issuer reports your business card activity to your personal credit, that can help your score if you use the card well.

When does using a business credit card hurt your personal credit score?

If you miss payments or let the card, go to collections, it can damage your personal credit score if you’ve offered a personal guarantee.

Should I get a business credit card that doesn’t affect personal credit?

If you plan to use the card responsibly, which you should, it doesn’t make a big difference whether your business card shows up on your personal credit. It’s down to preference regarding how separate you want your business and personal finances to be. 

About the Author

TJ Porter

TJ Porter

Personal Finance Writer

I have in-depth experience in reviewing financial products such as savings accounts, credit cards, and brokerages, writing how-tos, and answering financial questions both simple and complicated.

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