American Express

denverpilot said:
You described why I quit being a field engineer long long ago. Same crap. I told them if the card went against my credit, I’d choose the card. They said no, I applied for the inside job teaching field engineering people the next week. Not to mention they were slow to reimburse and I was always floating them a loan.

Ironically a later employer had sane card and reimbursement rules and were fine, until the CEO was caught buying his mistress major appliances with his company card. Later he was walked out of the company under threat that if he didn’t leave the Board would have him arrested. And the policy changed to the same BS as the one I stopped traveling for.
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And that's why we can't have nice things.
 
wsuffa said:
Agree. At least one financial management type told me that's done for 2 reasons: 1) it supposedly makes employees more responsible knowing they are on the hook (and makes them stay in cheaper places rather than ring up big bills), and 2) it lets the company play the float even more.

With one company I was with, the bills were paid directly as the expense reports were done (the bills went to both company and employee) - if the employee dragged their feet, the bill became overdue, and if expenses were disallowed, the employee had to pay directly. That is probably a compromise since they used an online expense system but employee had to scan receipts.
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Isn't the #1 reason that the company gets the points in the form of cash rebate?

When I was in the Air Force and EVERYONE was issued a Dinners Club card, and then a few years later American Express, it was publicized that the AF got a rebate that went to MWR programs. Quite a few careers were derailed giving people credit cards who didn't know how to handle them...either for not paying the bills and ruining their credit rating (hence security clearance), or misuse. Not just the pimply faced 18 years olds either; I had to escort one of my GS-13 engineers in to the squadron commander so he could hand over his card after questionable charges showed up.
 
[QUOTE="Van Johnston, post: 2546053, member: 13200"... giving people credit cards who didn't know how to handle them....[/QUOTE]

That would be 80% of the country, just going by the numbers.
 
A colleague got a call from a CC issuer, about his delinquency - for a card he didn't have - a little conversation ended with the issuer saying "I think you've been a victim of identity theft"; his response was "No, I think YOU have".
 
Sundancer said:
A colleague got a call from a CC issuer, about his delinquency - for a card he didn't have - a little conversation ended with the issuer saying "I think you've been a victim of identity theft"; his response was "No, I think YOU have".
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An excellent reason to freeze your credit completely when you’re not using it.
 
denverpilot said:
An excellent reason to freeze your credit completely when you’re not using it.
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Definitely! After the Anthem hack, I froze my files at the three major bureaus. At my last company, I happened to mention to somebody I'd done that, and they'd never heard of it before. Word must have spread and I had about five different people coming by my cube to ask me how I'd done that. I was really tempted to LMGTFY but it's such an important thing, I spent a few minutes with each one walking them through how I'd done it.

I would strongly suggest everybody freeze their credit files. In this day and age of constant hacks and security breaches, there's really no good reason not to.
 
LoneAspen said:
Definitely! After the Anthem hack, I froze my files at the three major bureaus. At my last company, I happened to mention to somebody I'd done that, and they'd never heard of it before. Word must have spread and I had about five different people coming by my cube to ask me how I'd done that. I was really tempted to LMGTFY but it's such an important thing, I spent a few minutes with each one walking them through how I'd done it.

I would strongly suggest everybody freeze their credit files. In this day and age of constant hacks and security breaches, there's really no good reason not to.
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I've done mine, years ago. And then I went to buy a car and after driving two hours to get to the closest one, I forgot to grab a check. So at 4:00 on a Saturday afternoon, I needed to unlock my credit. Hmmm. Called Experian (the one the lending institution wanted). After giving my info over the phone (looking for an out of the way spot to avoid being overheard...) the lady says "Do you pay us a monthly fee?" "No." "Well, phone support is only available Mon-Fri 8AM-5PM unless you're a subscriber to one of our products." Mumble, mumble. Oh well, I managed to dig through stuff I keep on my phone for the screen shot of the code I took when I locked the credit. Then after 4 rounds with their website timing out, I unlocked it for 24 hours.

Ouch.

John
 
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