Getting the right card for your business travel


Canada, 19th November: Are you a small business entrepreneur traveling quite often and struggling to keep your soaring expenditure in check? Well, you can significantly cut your travel expenses by following the below mentioned hints— 

Canada, 19th November: Are you a small business entrepreneur traveling quite often and struggling to keep your soaring expenditure in check? Well, you can significantly cut your travel expenses by following the below mentioned hints—

Owners of small businesses who need to travel often must choose a credit card that enables them to get complete hold of their business expenditure. Here are the tips offered by a recent TD Canada Trust poll—

Restrict your business expenditure to a single credit card—You must go for a credit card that has a high spending limit so that you can charge your various expenses to this card only. Of course, you need to have a separate credit card for charging and keeping a track of your personal expenditure.

Search various redemption choices—Take time to research your traveling card to see that it offers you complete freedom to redeem all of your travel points for just any travel and not only car rentals, flights and accomodations, room service, taxes and airport parking.

Become organised—Its advisable to always carry a folder or an envelope while on a business travel in order to keep various receipts intact. A business credit card helps small business owners in saving unexpected travel costs.

Statement review—You must review your credit card statement in order to find out how to control your expenditure. This can be done by analysing the expenses grouped by credit cards under different sub-heads like lodging, travel, auto expenditure and lodging.

Seek how to double your rewards—As a frequent business traveler, you must look for ways to increase your rewards by two to three times. A good example is getting additional bonuses by using travel-rewards center of the credit card for booking of rewards travel.

Do you know that the business travel card chosen by you must also insure your baggage in case your checked baggage gets lost. And you can select a credit card that enables you to get a guaranted reservation of a hotel room even if your flight get delayed due to some reason.

And to make your business travel completely hassle and risk free, you must opt for a credit card that provides you with a replacement credit card and a cash advance in case your wallet or vital documents get lost while traveling.