Businesses use credit cards for the same reasons consumers do—convenience, cash flow and rewards. Here are some smart ways business owners use their credit cards to fuel growth and protect their credit ratings.

If you’re just using credit card rewards points to supplement cash flow for your business, you might be missing out on ways to invest in your business. Business Insider recently published these clever ideas for using rewards points to grow your business, including:

• Invest in the future.
• Show your appreciation to employees with gift cards that match individual preferences.
• Wine and dine clients.

Business owners should be aware that business credit can affect your personal credit. Nav has quick read on how to protect yourself from the pitfalls here.

For a deeper dive on business credit profiles and the owner’s personal credit profile, known as your FICO^® SBSS℠ Credit Score, read this write-up from Forbes. You’ll learn how credit can hold you back.

And in case you didn’t know, Consumers offers a Business Rewards Mastercard^® with no annual fee. To learn more, contact one of our commercial loan officers or call 800.991.2221. We’re here to help you grow your business!