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Topic Business credit card with set spending Go to previous topic Go to next topic Go to higher level

By Sunset On 08/20/01  

My company is wanting to get a credit card that has a set spending amount per week or per month and once reached the card is denied. Is there any type of card out there for business that offers this? Thank you



By The_Insider On 08/21/01  

Yes, most business cards have individual spending limits that can be set by the owner for each employee card. Be sure to tell the credit card company that you do not wish the account to be allowed to go overlimit. This will cause all charges to be declined once the limit on the card is reached.

Most major issuers have business cards available. The two right off the top of my head are MBNA and American Express.



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