Corporate Amex Card - Question

[Wollran]

I’ve an American Express Corporate card. This card has my name and business address on it, but is never given to me, it is always given direclty to the CFO. The card is only used to pay for corporate expenses (hotels, airline tickets etc), so the CFO pays the bill. I have just received a phone call to say that no payments have been made for approx 4 months, that it is now in arrears and will no longer be an acceptable method of payment until the balance is cleared. My question is – will this affect my personal credit rating, seeing as the bill is in my name?

Thanks
Wollran

 

[RainyDay]

With my corporate Amex card, I know we are 'jointly and severally liable', so technically I am legally liable for any costs on the card. In this case, I guess you'd need to ask Amex if they will put details of your debt on the Irish Credit Bureau in your name.