- Centurion Member
- Posts: 4047
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
At your spending level (and with a new business launching), I would definitely get some sort of separate card just for business expenses. Which one is best isn't really my area of expertise and may depend on the particulars of your new business. Maybe an Amex Business Platinum or other business charge card?
(Edit: You'd be personally liable for the debt, but easily tracking your expenses for tax purposes helps a lot! Having a flexible spending limit will help when you need to make a lot of purchases in a short period of time. There are also some business cards available without annual fees, if your new venture isn't going to require you to spend a huge amount.)
Out of curiosity, if you care to share, what line(s) of work are you in to make that kind of money?
A lot of cards have a ceiling in terms of the credit lines they come with, regardless of the level of spending and creditworthiness of the borrower. That may be the case with your Discover, and you might be too busy to keep track of that account if you don't use it much.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech