Entrepreneurship & Small Business

Small business bank account with VISA/MC Debit?

  • Last Updated:
  • May 20th, 2017 1:04 pm
[OP]
Jr. Member
Mar 15, 2009
184 posts
19 upvotes
Toronto

Small business bank account with VISA/MC Debit?

Do any of the Big 5 banks offer visa or mastercard debit cards like they do for personal accounts?

If not what would be the best way to pay vendors that only accept credit cards without having to apply for business credit cards? And since it's a corporation I want to avoid using personal cards.
1 reply
Deal Addict
Feb 29, 2012
2654 posts
1416 upvotes
Richmond
Banks aren't very keen on giving out crednit cards to small businesses with few assets and limited liability. At best they might consider a joint business+personal liability card.

Since you can't avoid personal liability, it doesn't matter what name is on the card.

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