Credit Card Agreements For Employees

The limits of the card depend on your seniority, your department and the frequency or nature of the expenses you incur. The finance department is responsible for issuing the credit card application form for employees, but only the CFO and/or Executive Director are empowered to approve the application. This directive applies to all employees authorized to use a company card. It also applies to employees who have the right to authorize the use of a company card for their team members. Credit card limits are based on the age level of each employee in the company. In order to ensure that all your bases are covered, your company credit card policy should contain a statement of purposes, scope, section on terms of use, restrictions and exceptions and define the disciplinary procedure.