I was wondering if there were any fellow small business owners who have tried churning business credit cards? Based on my research so far, there appears to be a few advantages in doing this including lower credit limits and being able to have two cards with the one bank. For example, I currently Have a personal westpac credit card which I am about to churn. At the same time, I have just signed up to a westpac business credit card with a limit of a mere $3000 but paying 120,000 Qantas points. The rules appear to state that I am entitled to both.
I would be interested to know if anyone else has done this, especially how did business cards affect your credit score?
I would be interested to know if anyone else has done this, especially how did business cards affect your credit score?