Corporate Card

A corporate card, also known as a commercial card, is a type of credit card issued by a company to its employees for the purpose of covering authorized business expenses. This specialized credit card simplifies the process of managing company expenses, eliminating the need for employees to use their own funds and subsequently file for reimbursements.

Corporate cards are primarily used for expenses related to business travel, such as flights, hotels, car rentals, dining, and other travel-related costs. However, they can also be used for other business expenses like office supplies, client entertainment, and any other purchases approved by the company. Corporate cards are a valuable tool for companies looking to efficiently manage employee expenses, reduce administrative overhead, and maintain tight control over corporate budgets. They are a practical solution for businesses of all sizes, enhancing operational efficiency and financial oversight.