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If you use a VISA check card from your bank you can easily monitor all expenses through your company bank account. I found this helpful for my startup, but as
by greenwalls 9y ago
If you use a VISA check card from your bank you can easily monitor all expenses through your company bank account. I found this helpful for my startup, but as you get bigger and spend more money you'll probably want to look at cards that give you extras (cash back, etc...).
- wenbin 9y agoGood advice! Single source to keep track of expenses :)
- techsupporter 9y agoThe big problem with that is that debit cards have much slower fraud protections than credit cards (depending on issuer, of course). If fraud hits your debit card, your cash account is empty and things like rent may be getting returned while you deal with it. With a credit card, that's the credit card company's money so they move faster.
- ams6110 9y agoYou probably don't keep all your cash in one account?