How Business Credit Cards Affect Your Personal Credit Score

As you might have guessed, a business credit card, whether your employer gives you one or you apply for one , can affect your credit score. But only negatively (when we talk about your personal credit history).

The thrifty traveler explains:

Each month, you will see each of your personal credit cards updated on your credit reports, including the balance at the time the lender sent the information to each CRA and the status of your payments (timeliness, etc.). However, for business cards, timely payments won’t show up on your credit report at all. But if you are late, expect the lender to tell each CRA about it.

Business cards will not help your credit history, but they can damage it. If you pay your bills on time with a business credit card, you can expect to see nothing on your credit reports. But if you don’t pay on time, expect to see negative marks on your credit report when your credit score goes down.

This can also be true if your employer issues you a card in your name and misses payments, since the card will also go into your credit history, NerdWallet notes . So make sure you trust your employer before signing up for this credit card.

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