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mitchell_pgh · Dec 11, 2006, 04:02 PM

Our company doesn't have a "corporate card" and asks that we use our own CCs and submit for repayment.

At what $$$ is too much?

OldManMac · Dec 11, 2006, 04:07 PM

$1 is too much. If there is a need for you to purchase anything work related, then the company should make sure they provide you the means to do so.

MaxPower2k3 · Dec 11, 2006, 04:11 PM

Yeah, if they don't want to get a company credit card, they should be able to supply you with cash or a company check or something like that before you have to buy something.

Oisín · Dec 11, 2006, 04:13 PM

Originally Posted by KarlG

$1 is too much. If there is a need for you to purchase anything work related, then the company should make sure they provide you the means to do so.

Yup, absolutely. We’ve got about 30 company CCs, and they’re quite frequently used. No one would ever even consider asking people to use their own CCs.

itai195 · Dec 11, 2006, 04:19 PM

I don't mind using my own card so I can get frequent flyer miles, but... I'd probably draw the line at $500.

nbnz · Dec 11, 2006, 04:21 PM

It's very different in the UK in my experience. Over here companies expect employees to pay up front and claim back expenses, unless you are a senior manager. I got a seperate personal card just for that purpose.

Oisín · Dec 11, 2006, 04:33 PM

Originally Posted by nbnz

It's very different in the UK in my experience. Over here companies expect employees to pay up front and claim back expenses, unless you are a senior manager. I got a seperate personal card just for that purpose.

Depends on what you’re buying, though, doesn’t it? If you’re going to a business lunch over here, you’ll generally pay your own food and drinks, and then be reimbursed later on, as well. But if your job requires that you buy or pay for things with credit cards (as part of the job), you’d never be asked to use your own.

In my case, the credit card usage is mostly for paying hospital, hotel, or garage bills in cases when GOPs aren’t accepted and immediate payment is required.

andi*pandi · Dec 11, 2006, 04:47 PM

you have to be a manager or a high-muckymuck to have a company card. If I get to travel for work, I pay my way and expense it later. Airline tickets are the exception, those are booked and paid for by the company. I think $500 is about right for the max.

turtle777 · Dec 11, 2006, 05:02 PM

Originally Posted by andi*pandi

you have to be a manager or a high-muckymuck to have a company card.

That's not true.

Some companies are quite generous. In my company, everyone who travels frequently (a couple of times a year) gets a company travel CC. The bills are only paid once you submit your travel reconiliation. If you don't do that, you card will cut off after 60 days overdue. After 90 days overdue, they might mess with your personal credit rating, so you have an incentive to keep it current.

IMO, that's a good system.

-t

Mastrap · Dec 11, 2006, 05:02 PM

In my last job in the UK I was expected to have my own American Express card. All expenses had to go through that AMEX card whenever possible. We got reimbursed monthly, and always before the bill had to be paid.

I was spending a lot of money on that AMEX - flights, hotels, dinners, taxis etc - and within a couple of months I was holding a Platinum card and earning serious points, all of which were mine to keep. The Platinum card was good to have for insurance purposes and little luxuries like the AMEX concierge service. It was also great for the credit rating.

When I left the job I cancelled the card because I couldn't justify the cost, but while I used it it got me some nice benefits.

turtle777 · Dec 11, 2006, 05:03 PM

Originally Posted by itai195

I don't mind using my own card so I can get frequent flyer miles, but... I'd probably draw the line at $500.

Well, I have a company CC, but I would prefer to take my personal credit card (which is NOT an option in the company I work for). Gosh, all the extra miles I'd earn. It'll probably be at least one free flight each year.

-t

Mastrap · Dec 11, 2006, 05:06 PM

That's one of the benefits of working for yourself. I now have a company CC, but as I own the company the points are still mine.

Jawbone54 · Dec 11, 2006, 05:28 PM

No good on using your own CC. Sometimes they take too long to repay, which is what always irritated me at my old job. I would get a check two weeks later. Luckily at my current job, we are always given access to the office CC anytime we have a legitimate work-related need.

mitchell_pgh · Dec 11, 2006, 05:34 PM

Originally Posted by Jawbone54

No good on using your own CC. Sometimes they take too long to repay, which is what always irritated me at my old job. I would get a check two weeks later. Luckily at my current job, we are always given access to the office CC anytime we have a legitimate work-related need.

My company will pay you back the next Mon/Wed/Fri.

It's not an awful deal, but it gets annoying.

Dec 12, 2006, 08:29 AM

I was actually threatened with termination if I didn't have a credit card.

****-tards.

DeathToWindows · Dec 12, 2006, 09:09 AM

I work for a lab at my university and while I've been in labs where they did have a lab/departmental CC, here at BU that isn't done at all. So, if we need something from Amazon or another vendor that doesn't take POs, or only takes them under duress, we'll use personal CCs. Not really a big problem for me - admittedly, I'll beat on the office if they slack off, but they'll do the same to me.

DeathMan · Dec 13, 2006, 01:22 PM

I'd use my card as much as I could, since I get rewards.

RAILhead · Dec 13, 2006, 02:21 PM

We expense most everything, up to whatever amount needed. I get my check cut when i go turn in the receipt. Of course, we own the company, so no one gives us any guff. Other employees get expense checks the Friday of the week they turned-in the expense report.

Gas and such is all paid via a company card, but not other items like the hardware I buy, etc.