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For those that travel for work...
Does your company issue corporate credit cards or advances for your travel? I've had a corporate AMEX at the last 3 companies I've worked for but I started a new company that doesn't issue cards. They expect you to pay and expense everything for reimbursement after the fact. I find that unusual.
FYI, I don't travel more than once a month but others travel much more frequently.
Re: For those that travel for work...
Each company is different. I've seen it done both ways.
My company issues a CC.
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Disclaimer: I am not an MD. Please don't PM me with pregnancy-related questions. Ask your doctor.
I don't travel a ton but enough to where I know the entire process inside and out. I could get a travel card but I'd rather earn cash back on my personal card.
We are reimbursed for airfare right away and 5 days before the the trip we can opt to receive up to 90% of the total estimated cost, minus the airfare that was already paid. I used to do the 90% thing but the process of giving back unused money is a PITA so I quit that. I just get my airfare reimbursement right away and then do after the fact everything else.
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My work has you pay up front and then they reimburse you on your next check. Unless you have our secretary book your flight. She can also book hotel but they usually want a credit card on file so I book mine and get reimbursed. They also reimburse food up to a certain amount.
It kind of sucks when you book a trip in advance and have the costs just sitting on your credit card, but payroll gets your money back within a week or 2.
We purchase plane tickets on a company card (one person has the card and we make online orders) and sometimes hotels ? I prefer to purchase it myself for the bonus rewards (especially on flights) but it is usually looked down on. While we are away from the office we buy everything ourselves and turn in receipts to get reimbursed. I cashed in all of my miles a year ago for my honeymoon and I already have 55,000 again. 15,000 are from the miles I get for work flights, and about half of the rest are from the items I get reimbursed for. I love it. If you get a good rewards card, you will too.
I worked for a larger company and had my own company card ? I still had to turn in all my receipts and do a lengthy expense report, but I didn?t get any special rewards for doing it since it was a company card.
I get reimbursed and so does DH. I prefer it this way because I get the AMEX points. Between our airline and hotel points from work travel, we hardly ever have to pay for hotels or airfare when we take vacations. My company is good about issuing reimbursement checks promptly.
I dated a guy who owned a decent size business that used corporate cards. His employees would use the corporate cards for all business expenses and then he and his partners would get huge amounts of rewards points from all the company spending.
Having seen this both ways, I would much prefer to get the benefits of the rewards without actually having to spend the money.