What distinguishes a Corporate Card from a personal credit card?

The distinction of Corporate Cards lies significantly in the specific management and insurance features they offer. Corporate Cards are designed for business use, allowing companies to more effectively manage expenses incurred by employees. These cards typically come with added functionalities such as expense tracking, detailed reporting tools, and features that facilitate compliance with company spending policies.

Additionally, many Corporate Cards include various protections and insurance benefits tailored for businesses, such as travel insurance, purchase protection, and liability coverage. This enhances the overall management of business expenditures, allowing organizations to maintain better oversight of spending, which is essential for budgeting and financial accountability.

In contrast, personal credit cards generally do not offer the same level of management tools or business-oriented benefits, focusing instead on individual consumer needs and protections.