Having a business charge or credit card has often been a common financial practice for many companies. It allows you to track all your business expenses for each employee by type, location and date. This can be a critical tracking tool for companies as they grow, rather than using personal cards or cash and missing out on tax-deductible expenses.
But some business cards, like the Business Platinum Card® from American Express, go beyond cash flow and expense management solutions. Here are some benefits that may surprise you.
1. Make travel more bearable
For me, access to airport clubs and lounges makes travel a lot more bearable when I’m on a business trip. Instead of spending time waiting for delayed flights, I can arrive early at the club, have a beverage or snack and schedule productive work. At the American Express Global Lounge Collection® (which includes The Centurion® Lounge and Delta SkyClub®), you can get connected to high-speed internet and enjoy chef-crafted food and signature cocktails. This benefit currently allows you access to more than 1,200 lounges in 500 airports and 130 countries.
The benefits of business cards go beyond implementing good financial practices at your company.
Business owners who travel internationally may be accustomed to paying fees when making purchases in a foreign currency. Now, the Business Platinum Card® from American Express can save money by waiving foreign exchange fees (of 1 to 3 percent). Other travel benefits include an application fee for a $100 statement credit for Global Entry within a 4 year period, or an $85 statement credit for TSA Pre✓® within a 4.5 year period per card. This allows travelers to move more quickly through airport security. The Business Platinum Card helps to blend your work and personal life by using Membership Rewards® Pay With Points towards flights and prepaid hotels on American Express Travel.
2. Treat yourself for a job well done
Card Members can enroll and get up to get up to $200 in statement credits each year (up to $100 semi-annually) for any U.S. Dell technology purchases made using this business card. The discount can be used for computers with Intel technology and thousands of other accessories. I like to use these discounts to “gift” myself something that I would never buy at full price. For example, when I purchased my noise canceling headphones using this discount, it now always brings a smile to my face when I board a noisy flight.
3. Network and share ideas with other business owners
When you’re away from your office, sitting down to work in a hotel room or an empty coffee shop can leave you feeling uninspired. The Business Platinum Card® grants Card Members one complimentary year of Platinum Global Access from WeWork. Card Members can book space to work at WeWork's 300+ locations around the globe. This is a unique benefit designed specifically for Business Platinum Card® from American Express Card Members and is not offered by any other card. Enrollment required. If you’re the type of person who thrives off of working in a collaborative environment and meeting other business owners, this benefit is one to take advantage of.
The benefits of business credit cards go beyond implementing good financial practices at your company. Taking advantage of these benefits allows the money you spend for your business to impress your clients, make use of new technology and keep you productive and collaborating while you're away from the office.
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