One of the prime protections offered by credit companies is the limit to your liability if your card is stolen. Without that one, charge cards could become too dangerous of a convenience to use. You also are protected should your card be used without your permission. This guarantee is becoming more important as many card transactions are conducted over the phone and thieves are creatively swiping your numbers. You do need to report any unauthorized transaction within a reasonable time frame. Keep checking those statements.

Credit Cards like Chase Platinum Visa Card, Blue from American Express,Discover More Card and others offer an exciting 0 percent APR for the first 6-12 months. The Blue From American Express offers this for 15 months. So in this area the Blue From American Express offer can be considered as Best Credit Card Benefit offer.

Your credit card also acts as a money lender by giving you access to cash that can be withdrawn from ATM, Authorized merchants and Banks. Different credit cards provides you different cash limit. Although they give you an easy way to approach cash at any time, the usage of this facility should be kept limited as they attract fee and finance charges. Some of the cards even give you additional facility like transfer of fund to the issuing bank's current and saving account.

Another cool but often unused feature of some credit cards is known as price protection. With this feature, you never have to worry about buying something right before the price goes down or a sale starts. Many Chase bank cards offer this feature. If the price goes down within 60 days, you can provide proof of the lower price to your credit supplier and get the difference paid back to you.

When you make all of your business purchases and pay for each expense related to the company on a single credit card, you have an easier time with your bookkeeping. You can simply refer to your credit card statement each month, or on a quarterly or annual basis in order to see your purchases and expenses at a glance. You can cut one check each month to pay for all of the purchases, making it much easier to manage your business checking account.

Many small businesses are set up so the owner needs to give approval on every transaction before a payment can be made. This slows the process of making routine purchases and paying expenses but also means that you need to be available for your signature. A better way to keep track of spending is to issue cards to each employee and link them to your business account. Most business credit card companies offer additional cards free of charge.

Another difference is the way expenses are tracked. Your business credit card statement should come with a detailed list of transactions, broken down by type of expense. When you are arranging your monthly budgeting, or your yearly or quarterly financial projections for tax payments, these statements would come in handy when figuring out which expenses should be charged to which accounts, and which expenses are tax-deductible. This will be of significant use when you are managing your money, because you can trace individual transactions, and assign them to various parts of your budget.

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