How to handle credit card balances

How to handle credit card balances

If you are using a business credit card, which is personally guaranteed, do you keep it open and carry the balance year on year like the business bank account, or should it be thought of as a director's loan because he is personally liable?

(Our business credit card is guaranteed by my partner, I use personal credit cards for expenses too).

Should either balance be transferred into a director's loan account (owner drawings?) at year end?