Which corporate credit card should small businesses use for their operations?

Are you a small business owner? If you are, we know that you have lots on your plate. From strategic decision-making to managing employees, there are many responsibilities that you hold. If you struggle to control and manage your business expenditure, you can simplify things with a corporate credit card.

Hence, employees will not be able to engage in dishonest activities. Moreover, if the employer needs to access information pertaining to a transaction, they can easily retrieve information from the system. All in all, corporate credit cards help increase financial transparency and visibility.Business travel is part and parcel of operations in today's world. If business travel is frequent, corporate credit cards are ideal.

Moreover, telecommunication is required for a business to function. Hence, you will also incur phone and internet costs. These costs associated with running a company helps ensure that your business functions smoothly.Also known as "on-demand software", Software as a Service is a way for businesses to access applications over the internet through cloud-based apps. With a corporate credit card, you can earn cashback on SaaS spend.

American Express Singapore Airlines business card is an exceptional option. Every $1 spent on SIA and SilkAir flights earns 8.5 HighFlyer points , while all other spend earns 1.8 HighFlyer points . Points go into your business's SIA account and can be redeemed for tickets on SIA and SilkAir, Scoot vouchers and more.You can pay for such tickets with a mix of cash and earned points, which means you won't have to save up for a points-only purchase.

With $15k+ spend on SIA brands within the first year, a registered corporate traveller can also be upgraded to KrisFlyer Elite Gold status. Finally, account holders can immediately benefit from the card's new first-year fee waiver and updated sign-on bonuses, which include hotel staycation opportunities in light of the current pandemic.

If you have a DBS corporate account, you should consider applying for a DBS Visa Platinum business card too. DBS Visa Platinum business card offers one of the higher cashback rates amongst SME cards, at 0.40 per cent. This rate is further boosted by welcome promotions, which frequently offer up to five per cent cashback within the 1st month.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Source: BusinessTimes - 🏆 15. / 51 Read more »

Japanese companies join global corporate exodus from Russia, but some wary of complete exit
Source: STForeignDesk - 🏆 4. / 71 Read more »

Texas wildfires destroy 86 homes and most of small town
Source: STForeignDesk - 🏆 4. / 71 Read more »

US Treasury official sees modest uptick in crypto illicit finance, but transactions smallWASHINGTON : U.S. officials have observed an uptick in the use of digital assets to facilitate illicit finance since Russia invaded Ukraine, but the transaction volume is too small to play a big role in helping Moscow evade sweeping sanctions, a senior Treasury official said on Friday.Nellie Liang, Treasu
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Growing influx of Ukraine refugees strains resources of small European states
Source: STForeignDesk - 🏆 4. / 71 Read more »

Putin hails Russia's 'special operation' in Ukraine in packed Moscow stadiumUnprovoked invasion of a sovereign and independent nation is a crime itself. People can rebuild the place but can’t rollback lives lost.
Source: STForeignDesk - 🏆 4. / 71 Read more »