Use Personal Credit Card to Pay Alibaba Trade Assurance

[ecommrg]

I have setup a business for importing goods from China and the importer is providing Trade assurance. I can pay via credit card.

Will this provide me with additional protection and also can I use my personal credit card as I don't have a business credit card?

 

[LPB 123]

Is this trade assurance through Alibaba? I believe they charge a 2.8% fee for using a credit card.

You can use a personal credit card and record it to your directors loan account and repay back to yourself when you can.

I'm unsure whether using a credit card will offer you more protection. I imagine it would only cover you for what's in the contract, the same as the trade assurance will.

 

[ecommrg]

Correct, through Alibaba.

My worry was on stories of alibaba usually siding with the seller.

Also had concerns on whether the card purchase would still be protected if I'm making a business goods purchase, even though I'm using a personal credit card.

It'd not a huge purchase. Maybe adds up to £45. A bank transfer would cost at least £15 anyway.

Would there be a difference in rate and would I be charged a DC fee on the card?

 

[Dmitri Fantastic]

This is something I would also love to see answered. I have also wondered if using a personal card would have any negative consequences?