Charge (Credit) Cards - from American Express and Others

Hi guys,

I am considering applying for a Charge Card offered by Amex to fund some transactions in my business. I was wondering if anyone has got any tips or advise regarding Charge card and why to or not to use them.

I personally like the point that the Charge cards do not have pre-set limits and they key reviewing it as per usage and payment history. It will come in handy for a lot of my business expenses.

Also, is anyone aware of any other Charge Cards available in market (except Amex)?

Comments

  • Diners Club offers another charge card on the market, not sure if it's a business card though

    • +2

      How many vendors accept Diners Club? I'd probably be able to count all of them on one hand.

  • What is the difference between a charge card and a credit card? Could you just apply for a business credit card with a decent limit instead?

    • +1

      A charge card doesn't have a hard limit as a CC does.

    • +2

      You can’t revolve balances on a charge card and must pay them in full each month. Charge card also has no pre set limit.

  • So no Visa or MC Charge Card Options I assume?

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