Corporate credit card switch: Key considerations for growing businesses

For startups not meeting these thresholds, alternatives like the Brex Corporate Card could be considered. The card aims to improve accessibility using innovative underwriting standards. Additionally, options such as the BILL Divvy Corporate Card provide no-annual-fee business cards with reward bonus categories.

A key advantage of corporate cards is limiting personal liability. With small-business cards requiring a social security number and holding applicants personally responsible for payments, shifting to corporate cards can ensure that companies are responsible for debts instead.

Corporate accounts are also suggested if employee card numbers approach 100 or if advanced expense management tools are needed. These tools allow integration with general ledgers to reduce manual entry and enable monitoring of individual employee spending by category.

While rewards on corporate cards might not match those of small-business cards in terms of lucrativeness, they do offer flexibility in distribution through programs like American Express's Membership Rewards.

Overall, qualifying businesses may find it beneficial to explore corporate credit cards for liability protection and enhanced tracking capabilities as their operations expand.