Get App 
Airtel Store 
Login 
A personal and a corporate business credit card – both can be quite useful as they offer you a line of credit and make payments easy. However, there is much more to it, and that is where the differences between business credit card and personal credit card come into the picture.
What are the differences between personal and business credit cards?
The differences between personal and business credit cards are rather easy to understand, definition wise. A personal credit card is meant for your personal use, daily spending habits, online shopping, etc. Alternatively, the business or corporate credit card is meant for a business, and business-related expenses. If a business starts using a personal credit card for its expenses, then you land in trouble, and eventually get your credit card cancelled.
However, the differences between a business credit card and personal credit card do not end there. Let us have a closer look at their differences across multiple points and understand the functionalities better.
- Credit Limit
- APR terms
- Interest Rates
- Consumer protection laws
- Different lines of credit
- Rewards
- Additional Perks
- Repayment Rules
Credit limit on personal and business credit cards
In general cases, a business credit card will have a much larger credit limit, as compared to a personal credit card- since a business credit card considers factors like business revenue, personal income, and credit score. In case, you are a business owner and have a revenue that’s much greater than your personal income, then the credit limit on the business credit card will also be bigger.
0% APR terms
There are many personal credit card providers that will you offer you 0% APR terms for a long duration (from a few months to more than a few years). In comparison, there are a few business credit card providers that offer 0% APR only up to a year.
The interest rates on personal and business credit cards
When we are talking about the differences between business credit card and personal credit card, it is extremely important that you consider the fact that the interest rates are quite similar. However, the main thing that is considered is your credit worthiness. If you are someone with a good credit score, then it is all smooth sailing for you, regardless of your personal credit card or business credit card. Similarly, a bad credit score could make interest rates and fees higher for you.
Consumer protection laws
The consumer protection law is another key aspect when it comes to analysing the differences between business credit card and personal credit cards. Such laws are much stronger for a personal credit card. For example, in case you miss out on a bill payment of your business credit card, you will have to pay a much higher penalty as compared to a personal credit card.
Different lines of credit between personal and business credit cards
The way you use your personal credit card will affect your personal credit score, nothing else. On the other hand, a business credit card looks at both the business owner’s credit score and your personal credit reports.
Differences between personal and business credit card rewards
The kind of rewards that you can get on your personal credit card and business credit card could also differ. With a personal credit card, you will see benefits that are more suited to personal needs – food delivery apps, DTH, broadband recharge and more. On the other hand, a business credit card will offer benefits such as discounts on office supplies, office phone bills, etc.
Additional perks available on a corporate business credit card
There are plenty of additional perks that you can get from a business credit card. One of them being the employee credit cards, offered at no additional costs. These credit cards can be issued by the business to its employees, for their official expenses. The business owner can track the expenses on such credit cards to ensure they are not being misused anywhere else.
Credit card repayment rule
Whether you pay your credit card bill online or offline, there are clear cut credit card repayment rules that are associated with both personal and business credit cards. Make sure that you read all the rules clearly before you apply for your credit card, be it personal or business.
Get the best personal credit card with Airtel Axis credit card!
The Airtel Finance credit card has the right set of benefits and features, which will make the whole experience a delight for you. Benefits such as fuel surcharge waivers, domestic airport lounge visits, discounts on recharges via the Airtel Thanks app and a lot more. Apply for it right away and enjoy the zero joining fees offer, till it lasts!
