Description
This article is from the Credit cards and
Consumer Credit FAQ, by adams@spss.com (Steve Adams) with
numerous contributions by others.
218. What should I watch out for in a corporate credit card?
A "corporate card" is an ordinary card, typically American Express
or Diners Club. However, you don't apply for it. It is issued to
certain employees of a company for the company's convenience in
managing travel expenses. There are a couple of possible problems.
First, you may be individually responsible for charges to the card,
even though you use it only for business purposes. This can be a
problem if your company is very slow to reimburse you for expenses.
Second, some cardholders have posted articles to the effect that
corporate cards may not have the same buyer protections (like
extended warranty) that personal cards do.
Continue to:
Share and Enjoy
Bookmark this story so others can enjoy it:
Tags
finance, debit card, credit card, secured card, guaranteed card, unsecured card, consumer credit, bad credit, credit report
