Small Business Credit Cards, Debit Cards, and Expense Management Tools

Small business owners have to spend money to cover expenses and invest in their businesses. Small business credit cards, debit cards, and other expense management tools can make the process easier by keeping business expenses separate from personal ones and by providing records that can make budgeting and accounting easier.

These programs have differences, too. We believe that the best small business credit card is actually a debit card because running your business is separate from financing it. 

Business cards versus personal cards

In general, businesses should use business cards. A report by the Federal Reserve Board found that small business credit cards have more advantages for businesses than personal cards. They are subject to different regulations than consumer credit cards and offer different benefits. These benefits may include different payment terms, points that can be used for business travel, and expense management features.

Bento for Business specializes in expense management. Our tools allow small businesses to manage their spending better so they can grow. Business owners and managers have strong yet flexible controls. They can determine how much money can be spent on each card, what days the cards can be used, and where money can be spent. Employees who need to buy gas at fuel pumps can do so to get their jobs done. They can’t spend money at then convenience story unless their manager agrees. And, these controls can be changed in real time to accommodate real-time changes in business needs.

Bento for Business Visa Debit Cards

Bento for Business offers business Visa debit cards that are designed specifically for small businesses. At Bento for Business, you can get started with a business debit card in as little as 60 seconds. With the easy-to-use app, you can change employee card limits and reload them 24 hours per day, seven days per week. Employees are also able to use the mobile app, eliminating the need for reimbursement forms. 

If you are a small business owner and would like to get better control of your company finances, a small business debit card may be the perfect answer. Contact Bento for Business at 866.220.8455 to learn more or complete the easy form online. Sign up for a 60-day free trial today!