Are Corporate Credit Cards A Good Idea?
Having corporate credit cards is very convenient and it allows you to be able to offer them to your employees when they travel for business. It is very important that you establish rules for using them though or the expenses can quickly get out of control. Corporate credit cards should only be used for business related travel and expenses. All personal expenses should be paid for another way. It is unreasonable to expect your employees to pay for their own transportation, hotel rooms, and food when they are traveling for business. It can be a burden for them to pay the expenses out of pocket even if you plan to reimburse them for it later. The best solution is to offer them the use of a corporate credit card to cover all of those expenses. You will find plenty of different businesses will offer discounts when you use a corporate credit card as well. Common hotel chains such as the Marriott, offer free nights and discounts for those businesses that frequently stay with them and pay with
