Debit or Credit Card for Employees?

What is better for a corporate credit card - credit or debit card?
Expert answer by Alex Gerard,
10+ years experience in banking consulting

The main advantage of corporate credit cards is the ability to track your employees business spending for tax and accounting purposes

 

But corporate cards can increase the risk for a business if it is issued on a business credit (or an additional risk for a personal credit score if it is issued under an employee credit). Consider debit solutions - PEX card is a good example - it has all the good and no risks of a credit card.

$49.95 account setup fee

$7.50/month per employee card

prepaid business card with spending control

read review

1 + 3 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

Vertical Tabs

SIGN UP TO GET FREE
CREDIT SCORE UPDATES
and
exclusive members-only deals
Follow us
Facebook Twitter Google+