Using Company Credit Cards? Read This First.
If your business issues company credit cards, it’s not enough to hand them out and hope for the best. Without a clear credit card policy, you could be exposing your business to unnecessary risk, confusion, or even costly misuse.
A simple, well-communicated policy helps ensure cards are used for authorized business expenses only - nothing personal, nothing unclear.
What Should Your Credit Card Policy Include?
What’s allowed (and what’s not): Be specific about approved purchases
Who can use the card: Define cardholder roles and spending limits
Accountability: Require employees to review and agree to the policy
Receipts & records: Set expectations for timely documentation
A clear policy not only protects your finances it also helps your team stay aligned, reduces confusion, and makes bookkeeping much easier.
Need Help Putting a Policy in Place?
At BookWise Bookkeeping, we help small business owners create smart systems that bring clarity and control to everyday financial decisions - including credit card use.
Let’s talk if you’d like help drafting or reviewing your credit card policy. It’s a quick win that can prevent big problems down the road.
BookWise Bookkeeping
Phone 314-325-2478
info@bookwisestl.com
