Yes, all of the company cards I've had have beein re-imbursement cards, so they affected my credit.

Note that if you pay them on time, they actually tend to INCREASE your credit score though, since they have excellent debt/limit ratios.

Did you have to sign anything? I have had many company cards. They most were always issued by the company(on the company's credit line). Only on one did I have to give my ss numbers. The company issued the card but it was my credit( ie I was responsible for what was charged). I refused the card and used my own( I wanted the points).

My husband's company card does not affect his credit. Bill is paid monthly by the company with receipts submitted monthly. If the company questions any purchase he can and will be fired.

A VP, 25 year employee, was fired for using the credit card accidentally for purchasing personal items. They forgive one mistake but not a $25,000 mistake.

Anonymous wrote:Good question but I don't think so. The employer is the one who pays the bill correct? So how can you be penalized if they are late paying?

Also you should not be penalized if your credit is dinged because you have too much outstanding revolving debt when part of that debt is due to corporate expenses that you dont pay for.

At my DH's company he submits his expense report and it needs to match the credit card statement - but it gets paid regardless if it matches or not.

At my company, we have to pay the bill and get reimbursed, so, yes, it does affect our credit.

Think Big 4 accounting firm.

Good question but I don't think so. The employer is the one who pays the bill correct? So how can you be penalized if they are late paying?

Also you should not be penalized if your credit is dinged because you have too much outstanding revolving debt when part of that debt is due to corporate expenses that you dont pay for.

On the one hand, it shouldn't, because you as an individual are not responsible for the expenses that go on it or the money that pays it off.

On the other hand, they did ask for my ss# in order to issue the card...

Just curious about the implications of being one cardholder on a small business credit account.