LLC Credit Card, Can I Use Rewards Points for Personal Use?

[Steven Thoma]

Hi all -

I'm about to obtain a credit card for my REI LLC. My question is how can the reward points be used, and what is legal? I do not want to intermix my personal identity with my LLC for protection purposes. I would assume that using the points for personal travel would be a conflict of interest (and illegal?), and could make me personally vulnerable by intertwining my finances with the LLC's. If the points aren't to be used for travel, what do you all use the rewards points for? Thanks everyone!

-Steven Thoma

[Aaron K.]

Don't do it or you could pierce the corporate veil, get a simple cash back card, then you don't have to worry about spending points on travel. Piercing the corporate veil could be argued in court and could negate the liability protection that you pay for with an LLC