Author Topic: Personal Spending on Business Cards  (Read 484 times)

Offline 16digits

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Personal Spending on Business Cards
« on: December 21, 2022, 03:17:49 PM »
Does anyone know why banks put wording in their business card agreement/terms that say that you can't use the card for personal spending?  What difference does it make to the issuing bank?  Do they have a legal/compliance reason for doing it?
I know they dont enforce this, but I'm wondering why they even need to state this.  Anyone know?