Does anyone know if I can get a corporate credit card from my employer to be reported on my credit reports? Is this a viable option to build better credit?
Nope... The more viable option is to use your personal credit cards to pay for corporate expenses... Charge/Payoff large balances each month... Call ask for periodic rate reductions/limit increases.... Business/Corporate Cards only report to you credit file if you fail to pay
My employer uses American Express. It DOES show up as a tradeline on our credit. (No, I haven't check all 32,000 of our reports, but I know of more than a handful) With AMEX, the Employer has the option of 'securing' the card if the employee is turned down, EVEN WITH A BK! Rules are card can only be used for business expenses and a cap is set- separate cap is set for travel/air/hotel and for retail. Shawn
