Are munucipalities able to apply for AMEX charge cards without a PG?
What products are available? Can municipalities get corporate cards? If so are the requirements any different than for-profit businesses (e.x. "annual revenue")?
Our treasurer has been asked before about getting a card for us. She reportedly asked the bank that we use, and was told they do not offer cards for organizations of our type. But I'm considering pushing this again.
Currently all expenses that require a credit card are run through personal CCs with reimbursement through a voucher process. Normally I don't mind running a few hundred dollars at a time through my personal CC (hey, free points), but we've run into a few occasions where thousands of dollars have had to be put on personal CCs and I'd think the board would rather have a card in the municipalities name than doing all of this personal reimbursement. There are also supposedly some tax implications... as a tax exempt organization when making purchases we don't have to pay tax. But in my limited research if a purchase is made on a personal CC it isn't technically right to use the organization's tax exempt status to not pay tax on that purchase, even when the purchase is ultimately for the organization. We're audited regularly though and as far as I'm aware this has never been brought up.
