Credit Cards for employees - REO Property Preservation Forum
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post #1 of 18 (permalink) Old 01-22-2013, 11:25 PM Thread Starter
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Credit Cards for employees

How do you guys handle credit cards for crews? We have a Wright Express gas card, and that handles gas well, but it makes sense for them to have credit cards on them as they may be 1 hour out of town and need supplies. My business account only allows me one card, with out adding other people onto the account.

Right now I have different credit cards as well as my business debit card I pass between crews, but it's pretty messy and is a pain.
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post #2 of 18 (permalink) Old 01-23-2013, 12:00 AM
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Thats surprising that your bank only lets you have 1 card. My bank ( Huntington) offered me as many as I wanted. I have 1 for me -1 for my wife and a spare if I think a crew might need 1.
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post #3 of 18 (permalink) Old 01-23-2013, 12:21 AM
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How do you guys handle credit cards for crews? We have a Wright Express gas card, and that handles gas well, but it makes sense for them to have credit cards on them as they may be 1 hour out of town and need supplies. My business account only allows me one card, with out adding other people onto the account.

Right now I have different credit cards as well as my business debit card I pass between crews, but it's pretty messy and is a pain.
You have to ask to add your employees and an authorized user. Or open up separate debit accounts for you to deposit a certain amount in case of emergency. That's what we use.
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post #4 of 18 (permalink) Old 01-23-2013, 05:46 AM
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Yep. A separate account for just materials/fuel with enough dough to cover the day but not enough to clean me out. Subs do it on their dime and just bill me.
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post #5 of 18 (permalink) Old 01-23-2013, 05:54 AM
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Knew an older guy that was the head maint man for one of my competitors. He stopped by his local watering hole for lunch one day and realized he left his wallet at home. All he had was the company debit card, so he used it for his drinks and brew. At then end of the day he went into their office and explained to the secretary (boss's mother) and his boss what he did. 7 years with them and they fired him on the spot.
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post #6 of 18 (permalink) Old 01-23-2013, 06:10 AM
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mobil speed pass on the key ring and a prepaid visa that we can add money to via the internet keep it about 200 dollar pos itive balance dont want one of the guys losing his mind with 10 k gold card

lowes and home depot gift cards for supplies

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post #7 of 18 (permalink) Old 01-23-2013, 07:32 AM
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I like the gift card idea. I knew a handyman that for larger projects would calculate the materials and have the customer buy a gift card for Lowe's or Home Depot for the job.
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post #8 of 18 (permalink) Old 01-23-2013, 07:41 AM Thread Starter
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Only problem with gift cards for me, are that we are in a lot of small towns with little hardware stores. Example, we were up in a small town 1.5 hours away that had some roof issues, had to install a new vent pipe boot, so had to go to the little hometown Ace Hardware and buy one.

Prepaid visas or something could work, though.
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post #9 of 18 (permalink) Old 01-23-2013, 08:06 AM
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Quote:
Originally Posted by GTX63 View Post
Knew an older guy that was the head maint man for one of my competitors. He stopped by his local watering hole for lunch one day and realized he left his wallet at home. All he had was the company debit card, so he used it for his drinks and brew. At then end of the day he went into their office and explained to the secretary (boss's mother) and his boss what he did. 7 years with them and they fired him on the spot.



Two things he did wrong if he worked for me.


He didn't call in first.

He didn't show up in the office with cash in his hand.

And a third.
He was drinking on the job.


Looks like three strikes and he was OUT.

Professionals are people who can do their job when they don't feel like it.
Amateurs are people that can't do their job even when they do feel like it.
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post #10 of 18 (permalink) Old 01-23-2013, 08:14 AM
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Originally Posted by BPWY View Post
Two things he did wrong if he worked for me.


He didn't call in first.

He didn't show up in the office with cash in his hand.

And a third.
He was drinking on the job.


Looks like three strikes and he was OUT.
Yep!

He proved that he was TOO comfortable using MY money. That concerns me! Plus the drinking.

All wet lunches must be attended by the boss, me.

Iíve already told you more than I know.
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