- Centurion Member
- Posts: 508
- Joined: Tue Aug 13, 2013 10:04 pm
- Location: ca
A doc spends about 26k-30k to allergan alone on a monthly basis, on top of other expenses and sometimes I swear I see stuff like itunes purchase and this and that in there
It's a business charge card though and paid off every statement
When you apply for the card generally giving more info is better for you in the long run imho--you are a doctor that earns xxmil a year in gross revenue? You sell products over the phone/Internet/in person? You personally earn x amount each year?
Credit card companies don't care if you sneak in or if a personal purchase gets on the card every now and then..the business owner buying $100 gc to Starbucks so he can use it as a write off during tax isn't going to get his card axed
But these fine prints are for when people abuse it enough that you either track the notice (cos they're not really making $$ off of you/losing something with the rewards give backs)
If you're asking how much, there's no set amount, but anything in the crazy range like what you're quoting, will take notice and then it's easy to see what purchases those are for/from, and it isn't hard to see if it makes sense with the line of business you say you have.
I know people who have had business card and they don't really have a business, but their purchases are so small (max a few thousand) that it doesn't really warrant a in depth look
So if you have a legit business that has a need to have that high of expenture then sure, but if not then just know the risk you're running into.