Since starting my own business, I have been looking for a good business credit card to us. It is generally good to have a business credit card to keep your business expenses separate, so that they are easier to track. However, it is not necessary to have a business credit card if you start a business.
What I learned from researching for an appropriate business credit card is that the annual fees are actually higher than the regular credit cards. Furthermore, the annual fess aren’t even waived the first year.
Personally, I do not plan to signing up for any of the current business credit cards available in Canada. I am going to wait until the perks and benefits improve first and then reconsider my decision.
But if you are still interested in a business credit card, we have put together a list (that can be found below), for you to consult to help you make your decision.