personal or business credit/payment card?

what are you using....

[Shak]

Must have way too much time on my hands :)

was thinking earlier that so MANY online advertisers are 1 man bands who have not set up a business as such in forms of incorporation.

so what percentage out there are using their personal credit cards compared to a business credit/debit card.

i can imagine some problems with both card if you have a low limit, but this happens to big spenders aswell.

anyone care to share.

btw, here is my breakdown:

60% Company credit/debit cards
40% Personal credit/debit cards

over to you.

Shak

[RedWolf]

I am currently using my Business debit card, but am thinking about switching to a business credit card. I ran Adwords for a years more or less on autopilot and only had $15 to $20 bills which were no problem, but since I began to activly optimize my ads and expand my campaigns as I start to see better results, I don't like the idea of having a $250 to $400 bill suddenly hit my account at just the wrong moment.

I wish Google had a way to prepay like Overture. That would help budgeting. That leaves me with changing to a credit card so that I don't have to worry about having the money in the account that day. I prefer to not deal with credit cards because I don't like the temptation to "just get it" instead of really thinking a purchase out and deciding if it is economically feasable or not, but that seems to be the only way.

[Shak]

I wish Google had a way to prepay like Overture. That would help budgeting. That leaves me with changing to a credit card so that I don't have to worry about having the money in the account that day. I prefer to not deal with credit cards because I don't like the temptation to "just get it" instead of really thinking a purchase out and deciding if it is economically feasable or not, but that seems to be the only way.

a very good point, whereas at the moment it is either Account terms for large advertisers or payments every few days/weeks for normal customers.

a facility to prepay would be very nice.

maybe drop that in the wishlist post AWA is gonna be sharing back at HQ.
[webmasterworld.com...]

Shak

[Robsp]

Shak

50% of my campaigns run on personal cards and 50% on business cards. I currently run 10 campaigns for very different companies from small to multinational.

My 2cts..

Rob

[Shak]

I currently run 10 campaigns for very different companies from small to multinational.

10 campaigns or 10 different accounts?

Shak

[your_store]

Business credit card. I wouldn't want our Adwords budget coming out of my checking account that's for sure.

Account terms for large advertisers

Can you become a "large" advertiser w/o spending eBay type dollars? Is there a known minimum, or do you wait until G comes knocking?

[eWhisper]

50% business credit cards.
25% business debit cardss.
24% personal credit cards.
1% personal debit cards.

I would love prepay - most of the people using debit cards, are using them because there's not a prepay option and they don't want to rack up a line of bills they didn't see coming.

[Robsp]

Shak,

That is 10 different accounts (with many more campaigns)

[AdWordsAdvisor]

Very interesting thread, Shak - thanks for bringing it up.

I'll certainly add these comments to the others that I'll forward tomorrow.

Please know that payment options, other that credit cards, are under consideration/development. I can anticipate the next question - and am sorry to say that I don't have a time frame to report.

It's good to have these posts, though, as hard evidence that other options are much desired.

AWA

[skibum]

Clients run on their own credit cards and personal account go on personal credit cards - whoever has the best rewards or miles programs. Flights & rewards add up fast that way.

[TheDave]

Business card I would imagine. I just spend the money, someone else comes along behind me and cleans up the mess ;P

[PCInk]

I have been amazed that Google has never added the option of pre-pay. In the UK, Vodafone won a business award for brining the idea of pre-pay mobile phones, instead of contract. They won the best business idea of the year award. Of course they did, it meant children could buy the vouchers (with cash) and top up their phones. There's a whole new batch of customers. And more importantly (from a business point of view) they sold a million phones with people putting £10 on them. That's £10,000,000 they were sat on of other people's money that they haven't spent with them yet!

[colinirwin]

With Google, over 90% of our monthly spend is on insertion orders and the rest on a business credit card.

With other engines - Overture, Epsotting, Mirago, etc we're mainly running on business credit card with a couple of insertion orders (or equivalent) for our larger accounts.

If we had to run it all on credit card we'd need a very scary credit limit..