The Business Debit Card: More Than a Checkbook and Better Than an ATM Card

Opening a business bank account is a key part of running a business. I'm sure you're familiar with online banking and overdraft protection but let's cover the key advantages of the business debit card also known as the business check card.

While checkbooks will always play a part in your business the faster and more convenient way to make company purchases, track expenses, and manage finances is with a business debit card.

This card works like your business checkbook and each time you use the card to make a purchase the amount of the purchase is deducted right from your account. Basically the credit limit on your business debit card is the amount of funds you currently have available in your business checking account.

Now keep in mind some banks will provide overdraft protection and even offer an unsecured business credit card that you can link to your account. This comes especially handy when you may not have enough funds to cover a debit card p! urchase.

For example, let's suppose you have a $500 balance in your business bank account and have an unsecured business credit card linked to that same account with a $1,000 limit.



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