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Author: Yesbabe Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308688  
Subject: Re: CompanyCC w/o employee consent Date: 6/18/2008 3:06 PM
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>>This is my understanding of corporate credit cards: it's better for YOU because you don't have to deal with getting reimbursements anymore. You don't pay the credit card bill, your employer does.<<

Depends on the company. My husband has a corporate Amex. He's responsible for paying the bill each month out of his own pocket, but the reimbursements never come in before the bill is due, so he's floating money for a month. Fortunately he's not doing regular travel anymore, but when he was living across the country for a month, using the card daily, it was quite a hassle.
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