Is credit card included the guarantee amount?

Zsolt67 | 20:20 Tue 31st Jan 2012 | Business

1 Answers

We are a small bussines with 20k overdraft plus 10k credit card facility.
The bank wants us the sign 30k guarantee. Is that ok? I thought the credit card belongs to Mastercard and that is separete from bussines account.

Self Employed Tax

Please help me with my dissertation by completing this multiple choice questionnaire.

Answers

Only 1 answer

Best Answer

No best answer has yet been selected by Zsolt67. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

dzug2

Credit cards 'belong' to the organisation that provides them to you - normally your bank. They are rarely held directly with Visa or Mastercard

Only 1 answer

Do you know the answer?