A business account isn’t always mandatory but it helps you clearly separate your private and business expenses. Learn everything you need to know about opening a business bank account in Germany.

Whether it’s a taxi to the conference venue, a parking ticket in the parking garage, or lunch with clients – every business has expenses. You can pay a lot of business expenses with a company credit card, but sometimes employees might have to use their own funds to cover an unexpected cost. And that means the company has to make a reimbursement.

After a careful credit check, each credit card applicant receives an individual credit card limit. In this guide, you’ll learn what credit card issuers take into account in their credit assessment and why a high credit limit isn’t always a good thing.