Sebi Mitchell, Credit Cards Moderator
Yes, you might be able to use some business credit cards for personal use, but it’s not the best idea. Some cards allow this practice, but others have a clause in their Terms & Conditions noting that the card can only be used for business purposes. A personal expense here and there probably won’t draw suspicion, but going overboard could lead to your account being closed.
Also, it’s important to keep business and personal expenses separate for a better overview of your finances. Mixing the two can have other negative consequences as well. For example, most business credit cards don’t have the same protections as consumer credit cards do.
And not all business credit cards help you build personal credit. Many of them only report to consumer credit bureaus such as TransUnion, Experian, or Equifax when an account becomes delinquent.
If you’re thinking of using a business credit card for personal expenses because of the high credit limits, there are plenty of consumer credit cards that offer that, too. To find the one that fits your needs, check out our editor’s picks for the best high limit credit cards.
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