As with personal credit cards, you are personally liable for unpaid business credit card balances. That's why you must apply with a SSN and not with a EIN only. That extends to credit score effects, as your personal score will drop if you have late or missed payments. With this said, with regular credit cards, not paying your balance in full/carrying a balance is not considered a late payment, but when it comes to charge cards you are required to pay your balance in full every month.
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