Business Card

In the world of finance, the term “business card” typically refers to a specialized type of credit card issued to and used by employees for work-related expenses. Not to be confused with standard  3.5” x 2” cardboard calling cards with a person’s name and address, these business cards are a way for a business to give personnel a limited amount of buying power in the company’s name.

Business cards can be used for corporate meals or travel, and often come with specific perks like travel rewards tailored to that use. They also help the company streamline expense reporting, simplify tax preparation, and track internal spending. Some business cards are tied to a specific vendor: a card from Staples, for example, could only be used for office supplies.

Business cards are a subset of an entity’s corporate business card. For that reason, the business – not the user – is legally liable for all purchases made on the card.