Hotel HASN'T charged my card

Ben8282

I_was_just_wondering wrote: »

No - there are two types of corporate charge card / credit card: those billed to the company, and those paid by employees.

Credit ratings agencies like Standard & Poors, Dunn & Bradstreet and Moody's will not be interested in how much employees owe on charge cards, when giving companies credit ratings. It's more to do with their Balance Sheet etc.

It doesn't work like consumer credit reference agencies - Standard and Poors didn't downgrade the US government from AAA to AA+ because government employees were late paying their charge cards.

No, but as the OP may not be employed by the US Government but more likely by Joe Bloggs Engineering or something, the company will care.

Corporate charge cards are paid by the company not the employee as the company is responsible for the payments. That is why they are called corporate cards.

I'm not saying the OP does not have his own charge card which he may be using and then reclaiming his expenses. I have put my own expenses on my own Amex card. But in this case it is not a corporate charge card, it is his own personal charge card that he is using. Makes no difference to the question asked of course.

To OP

As you appear to be a regular user of this hotel, I think the best thing you can do is to try to talk to them about the problem next time you are there.

I assume you have the original bill from the hotel and a copy of the charge form and that this situation has not come about as a result of, say, a dispute with the amount of the bill. Was it a chip/pin transaction at check-out? Or was some form of express check out used where you did not actually receive a bill or charge form receipt at the time?

So long as you have an original bill from the hotel and evidence of settlement (a copy of the charge form), I suggest you claim your expenses now. As you pay the charge card yourself, the length of time taken for the charge to be billed should not affect the claiming of expenses, unless perhaps it was a foriegn charge and you needed to know the exact amount billed in £ or something. Unless your company has a rule which requires you to wait until a charge has appeared on your chargecard statement, claim your expenses now and wait for the hotel to get round to billing you. If they don't, then shut up about it and hope for the best.

You remain legally liable for the debt for up to six years but if the charge remains undebited for, say, a year, you could probably assume that it was filed away, lost or forgotten about somewhere and the money was very probably going to be yours to keep.

I_was_just_wondering

Ben8282 wrote: »

Corporate charge cards are paid by the company not the employee as the company is responsible for the payments. That is why they are called corporate cards.

.

Hi Ben

Ummmm - No, that's not quite accurate.

(Isn't it great to have an off-topic argument on the message boards!)

I've done a quick bit of googling for you. Unfortunately, as a newbie, I can't post links - so you'll need to cut and paste the link into your browser: www[dot]corporate-terms.com/lloydstsb/pi/cards.html

It takes you to the t&cs for Lloyds TSB corporate charge cards. Here's an extract:


Corporate Charge Card - Business

Product description:

Charge card used for streamlining the management of expenses incurred relating to employee travel & entertainment. Available in a Corporate Pay or Individual Pay Corporate Liability version.



So...
Corporate Pay version = the company pays
Individual Pay Corporate Liability version = the Individual employee pays (but the company has to pay up ultimately, if the employee fails to.)

If you open up the pdf on the page, it explains that these are available to customers with a turnover of £2m or more - so a few late charge card payments aren't too significant to the bank. (The individual employee will be responsible for the late fees. But if an employee is consistantly late paying, the company would probably cancel their card away.)

So... what exactly do you mean by 'credit rating', if you're not talking about Standard and Poors etc?

If the employees don't pay their charge card bills, ultimately the bank takes the money from the company. As long as the company has the funds to pay, I don't think the bank will be too bothered. They've already charged extortionate late fees. (If the company hasn't got the funds to pay, then quite rightly alarm bells will ring at the bank.)

Ben8282

I_was_just_wondering wrote: »

Hi Ben

Ummmm - No, that's not quite accurate.

(Isn't it great to have an off-topic argument on the message boards!)

I've done a quick bit of googling for you. Unfortunately, as a newbie, I can't post links - so you'll need to cut and paste the link into your browser: www[dot]corporate-terms.com/lloydstsb/pi/cards.html

It takes you to the t&cs for Lloyds TSB corporate charge cards. Here's an extract:


Corporate Charge Card - Business

Product description:

Charge card used for streamlining the management of expenses incurred relating to employee travel & entertainment. Available in a Corporate Pay or Individual Pay Corporate Liability version.



So...
Corporate Pay version = the company pays
Individual Pay Corporate Liability version = the Individual employee pays (but the company has to pay up ultimately, if the employee fails to.)

If you open up the pdf on the page, it explains that these are available to customers with a turnover of £2m or more - so a few late charge card payments aren't too significant to the bank. (The individual employee will be responsible for the late fees. But if an employee is consistantly late paying, the company would probably cancel their card away.)

So... what exactly do you mean by 'credit rating', if you're not talking about Standard and Poors etc?

If the employees don't pay their charge card bills, ultimately the bank takes the money from the company. As long as the company has the funds to pay, I don't think the bank will be too bothered. They've already charged extortionate late fees. (If the company hasn't got the funds to pay, then quite rightly alarm bells will ring at the bank.)

As you mention Lloyds TSB perhaps you could explain why their website says:
Features and benefits of Business Charge Cards

• You decide how many cards are issued and apply spending limits to each cardholder.
• You can get money from cash machines at home and abroad.
• The business settles all cardholders' balances by direct debit.
• All for £28 per card per year.

Details of conditions, charges and interest rates.
View our Terms and Conditions
View our charges for other services.


At your local branch
You can apply for a Business Charge Card by speaking to the relationship manager at your local branch.
More information about Business Charge Cards

If you would like more information before you apply, complete our request for further information form.

CAN1976

Can you claim it now and overpay the company credit card and carry a positive balance until the charge hits?

Also it works exactly the same way in my job. I have a company credit card, which I have to pay from my bank account after claiming my expenses from the company.

Ben8282

CAN1976 wrote: »

Can you claim it now and overpay the company credit card and carry a positive balance until the charge hits?

Also it works exactly the same way in my job. I have a company credit card, which I have to pay from my bank account after claiming my expenses from the company.

Yes I'm sure you do .....

OllyM

Ben8282 wrote: »

Yes I'm sure you do .....

Are you being sarcastic? It's pretty common.

http://corp.americanexpress.com/gcs/intl/unitedkingdom/corporatecards/cc/

Decide how you want us to bill you

Choose from a range of billing and liability options
Individual billing with either individual or company payment
Central billing
Individual liability
Joint and several liability
Company liability

CAN1976

Ben8282 wrote: »

Yes I'm sure you do .....

It's not like im claiming I met Elvis. This is how expenses works at my place of employment.