When choosing a business credit card it’s important to consider which liability structure is best suited for you and your business.
Personal liability (for Altitude credit cards only)
With a business credit card that has a personal liability structure, the individual owner of the account is personally liable for the payment of all amounts owing on the credit card account and ensuring all cardholders comply with the Terms and Conditions of the credit card.
Our Altitude Business Platinum credit cards and Altitude Business Gold credit cards have a personal liability structure.
Business liability (for BusinessChoice credit cards only)
With a business credit card that has a Business liability structure, the Business (whatever business type that may be) is liable for the payment of all amounts owing on the credit card account and ensuring all cardholders comply with the Terms and Conditions of the credit card.
Our BusinessChoice Rewards Platinum credit cards and BusinessChoice Everyday Mastercard® credit cards have a Business Liability structure.
Things you should know
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