Credit Cards ExpressThe Right Card for You! Great Offers from Credit Cards Express!

Most banks and financial institutions offer corporate credit cards as a part of their service. These cards can vary in their features and some are more suitable for the smaller rather than the larger corporation. Credit cards for the smaller business are different and are referred to as business credit cards.

For a corporate credit card customer, a low rate of interest is a good starting point because you will most likely be using your card a lot, and the amounts you put on them may well be too large to pay off at the end of every month. However, the interest rate on your corporate credit card should not blind you to any of the other features that may benefit your business. It is all down to your own circumstances and how you operate your business.

The Commonwealth bank corporate credit card offers the customer the chance to separate personal expenses from business expenses, and removes the need for your employees to resort to petty cash for business-related expenses.

Read more…

In an attempt to mitigate losses on its credit card portfolio, India’s largest private sector bank, ICICI has informed its customers that if a person is carrying more than one ICICI credit card, the bank will block all the credit cards in case of default on one. The move will come into effect by 5th October.

According to the terms and conditions, the bank is authorized to block the credit limit made available to the card holder under all other accounts of ICICI and withdraw all facilities under these accounts until the defaulting card account is regularized by the card member.

The revised terms indicate that ICICI bank shall not be required to provide an additional notice for the move.

Foreign players like Citibank and Standard chartered bank have been following this practice for quite some time now. A senior executive from Standard Chartered said “This is the standard operating procedure for us.

Read more…