Personal Use of Business Credit Card

#1 (**permalink**) 03-10-2008, 10:27 PM

I was going to get the Costco AMEX business card and noted that the fine print mentioned that "...THE CARDS WILL BE USED FOR COMMERCIAL OR BUSINESS PURPOSES." That said, I seem hesitant to use this card as my everyday personal use for everything under the sun card.

However, I've heard many say that they're using Business cards for purely personal use. I called AMEX and they said that they're not in the business of judging whether your purchases are business or not, but I'm wondering still if it's kosher to be using a business card primarily for personal use.

Does anybody have any insight regarding this?

#2 (**permalink**) 05-28-2008, 02:12 PM

Sure it is okay. They cant tell what is for personal and what isnt. Now when it comes to writing things off that is where you might find an issue. Tax purposes only.

Jeanie · #3 (**permalink**) 05-28-2008, 08:48 PM

Very true tide88! Thanks for the post!

~Jeanie

#4 (**permalink**) 08-30-2008, 02:59 AM

yes its okey , u can use your business card for personal buying, credit card companies are only look for interest rates .