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Updated 10 months ago on . Most recent reply

User Stats

27
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2
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Chelsea Allen
2
Votes |
27
Posts

American Express Platinum business credit card

Chelsea Allen
Posted

Hi everyone,

I currently have an AmEx platinum for personal use for which the annual fee is $695. I was thinking of getting one for my property's LLC and then adding myself as an employee with a separate card, cancel my card I have for personal use, and expense the annual fee for the business card.

If I have a business card as an employee, what are your thoughts on using that "employee" card for my personal expenses so I can track them and pay them separately. The costs for the LLC business will be paid with the primary business card. Does anyone see any legal or accounting issues with this plan?

Thanks!

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