Business credit cards offer rewards and financing for small business owners. It’s tempting to use them for personal expenses, but it’s best to keep them separate. Violating card terms can lead to consequences like account closure. Using a business card for personal expenses can complicate tax returns. Business expenses should be kept separate for tax purposes. Business credit cards allow for employee cards with spending limits. Business owners can earn rewards from employee purchases. Business credit cards offer larger welcome bonuses than consumer cards, with higher spending requirements. Always pay attention to minimum spending requirements for bonuses. Looking to maximize rewards on your business credit card? Consider waiting for a large upcoming purchase to ensure you meet the spending requirement within your budget. Business credit cards often offer bonus rewards tailored to typical business expenses like shipping purchases, online advertising, telecom spending, and office supply stores. Some cards even offer bonus points for large purchases over $5,000. Some people use a combination of personal and business credit cards to maximize rewards, such as the Chase trifecta and Amex trifecta. Remember to always check the bank’s website for the most current information on rates and fees.

Read more at 1. Tesla shares surge 8% after the electric car maker announces plans to split its stock in a 5-for-1 move. – CNBC

2. Apple becomes the first US company to reach a $2 trillion market cap as its stock hits a record high. – Wall Street Journal

3. Amazon announces plans to hire 3,500 new employees in six major cities across the US. – Reuters

4. Microsoft surpasses $1.5 trillion market cap as demand for its cloud services continues to grow. – CBS MarketWatch

5. Facebook faces backlash as advertisers boycott the platform over concerns of hate speech and misinformation. – Barchart: Can I use a business credit card for personal expenses?