Watchmann wrote:Normally, most corporate AMEX cards are underwritten by the company and they are the ones responsible, the theory being they have ultimate control over you as an employer, i.e., they can fire you at will if you screw up. My AMEX card through my company can ONLY be used for company charges. Using it for personal uses gets you fired immediately, and that happens a few times a year. It's a tough policy but it is reiterated to employees over and over again. If you accidently use it by mistake that is not the end of the world and that will be forgiven, but using it for lunch at Hooters on your own time and you are gone. I suppose if you can use it for your own personal expenses as well as company expenses the rules will be different as far as what is reported to the CRA's. Mine doesn't show up on my reports at all since I can't use it for personal expenses.
DH's corporate Green is OK to use for both work and personal expenses. He gets the statement, and he pays it off, but it doesn't report on his credit, and he doesn't get any rewards. He recently called to clarify things. The AmEx CSR told him that if he wanted to pay the fee, he could get the rewards, and I guess (?) it would report. (We didn't ask about the reporting. Once he heard "fee", he was done, LOL.)