topic Re: American Express Corporate Card in Business Credit

American Express Corporate Card

Anonymous — Thu, 15 Jan 2015 20:37:16 GMT

I recently applied for my corporate card from American Express and seems AMEX went ahead and pulled my credit history. If I am applying the card through my company, why would Amex be pulling my credit history. And I work for 1 of the fortune 100 companies.

Re: American Express Corporate Card

1GaDawg85 — Thu, 15 Jan 2015 20:39:54 GMT

You are stil liable for the card....

Re: American Express Corporate Card

CreditCuriosity — Thu, 15 Jan 2015 20:42:45 GMT

Disagree, your corporation is liable for the card if you are just a user on the card. Makes no sense why they would pull your credit. Yes you are liable to the company you work for if you misuse it, wouldn't believe Amex.

Re: American Express Corporate Card

ibmrad7 — Thu, 15 Jan 2015 20:46:44 GMT

Different corporations have different rules. It's not ALWAYS the case that your corporation is liable for the charges. I have one and I work for a Fotune 50 firm, any employee who agrees to get a corporate card is liable for the amount charged against his account.

Re: American Express Corporate Card

CreditCuriosity — Thu, 15 Jan 2015 20:48:26 GMT

@ibmrad7 wrote:
Different corporations have different rules. It's not ALWAYS the case that your corporation is liable for the charges. I have one and I work for a Fotune 50 firm, any employee who agrees to get a corporate card is liable for the amount charged against his account.

It could be, but I still can't imagine a HP against your credit for a corporate Amex.. The administrator should just have to add you... I don't know never had an Amex corporate card, but other company MC/Visa's where I wasn't ever pulled.

Re: American Express Corporate Card

ibmrad7 — Thu, 15 Jan 2015 20:51:50 GMT

@CreditCuriousity wrote:
@ibmrad7 wrote:
Different corporations have different rules. It's not ALWAYS the case that your corporation is liable for the charges. I have one and I work for a Fotune 50 firm, any employee who agrees to get a corporate card is liable for the amount charged against his account.
It could be, but I still can't imagine a HP against your credit for a corporate Amex.. The administrator should just have to add you... I don't know never had an Amex corporate card, but other company MC/Visa's where I wasn't ever pulled.

From the sound of it, it shouldn't be a HP but unfortunately they do. There are two different sets of corporate cards (At least for us and I don't know how they pick), one is more along the lines of Authorized User (just a SP) and other one that I have. No clue I fell into that bucket but couple of my colleagues got their cards without HP

Re: American Express Corporate Card

navajomyst2003 — Thu, 15 Jan 2015 21:00:17 GMT

@ibmrad7 wrote:
@CreditCuriousity wrote:
@ibmrad7 wrote:
Different corporations have different rules. It's not ALWAYS the case that your corporation is liable for the charges. I have one and I work for a Fotune 50 firm, any employee who agrees to get a corporate card is liable for the amount charged against his account.
It could be, but I still can't imagine a HP against your credit for a corporate Amex.. The administrator should just have to add you... I don't know never had an Amex corporate card, but other company MC/Visa's where I wasn't ever pulled.
From the sound of it, it shouldn't be a HP but unfortunately they do. There are two different sets of corporate cards (At least for us and I don't know how they pick), one is more along the lines of Authorized User (just a SP) and other one that I have. No clue I fell into that bucket but couple of my colleagues got their cards without HP

Can you use the HP to also get a personal Amex card? Might as well get a benefit to you from it.

or Re: American Express Corporate Card

Klesko — Thu, 15 Jan 2015 21:05:06 GMT

Same for me. I recently got a Corp Amex and they HP me as well. From what I understand its a personall backed corp card. If you dont pay it goes against you and your credit. But it wont report unless you default on it.

Re: American Express Corporate Card

ibmrad7 — Thu, 15 Jan 2015 21:05:55 GMT

@navajomyst2003 wrote:
@ibmrad7 wrote:
@CreditCuriousity wrote:
@ibmrad7 wrote:
Different corporations have different rules. It's not ALWAYS the case that your corporation is liable for the charges. I have one and I work for a Fotune 50 firm, any employee who agrees to get a corporate card is liable for the amount charged against his account.
It could be, but I still can't imagine a HP against your credit for a corporate Amex.. The administrator should just have to add you... I don't know never had an Amex corporate card, but other company MC/Visa's where I wasn't ever pulled.
From the sound of it, it shouldn't be a HP but unfortunately they do. There are two different sets of corporate cards (At least for us and I don't know how they pick), one is more along the lines of Authorized User (just a SP) and other one that I have. No clue I fell into that bucket but couple of my colleagues got their cards without HP
Can you use the HP to also get a personal Amex card? Might as well get a benefit to you from it.

I highly doubt but anyway I didn't know any better back then Lol

Re: American Express Corporate Card

red259 — Thu, 15 Jan 2015 22:37:24 GMT

@ibmrad7 wrote:
Different corporations have different rules. It's not ALWAYS the case that your corporation is liable for the charges. I have one and I work for a Fotune 50 firm, any employee who agrees to get a corporate card is liable for the amount charged against his account.

Yes, some companies require their employees to pay the credit card bills for their individual company cards and then the company will reimburse expenses. Amex has a special corporate card program.

Re: American Express Corporate Card

Anonymous — Thu, 15 Jan 2015 22:54:58 GMT

i work for sears would i be able to get a card as corporate... but i have no managerial position

Re: American Express Corporate Card

merlinflex — Thu, 15 Jan 2015 23:46:46 GMT

Having worked for Amex in Risk & Governance group, an HP is correct and user is responsible for all. Period.