Ultimate responsibility for Expensify card spending

FrancisBarker Expensify Customer Posts: 1 Expensify Newcomer
Re Expensify card, and the responsibility between Employee and Company:
  1. Charges only paid once submitted by Employee and approved by Co?
  2. Monthly payment on time; non-payment: who's responsibility?
  3. Fees & penalties incurred (late fees, any borrowing/finance fees)
  4. Disputed charges: who responsible for disputing, settling, payment?
  5. Impact of late or non-payment on credit score: Employee or Co?

Best Answer

  • Ariel Green
    Ariel Green Expensify Team, Expensify Student Ambassador Posts: 111 Expensify Team
    Answer ✓
    Hey @FrancisBarker, welcome to the Expensify Community!

    The Expensify Card has no fees or penalties and no impact to your (or your employees') credit score. Expensify Cards are automatically settled on a daily basis — in other words, the balance is paid in full each day, and no interest is incurred!

    You can learn more about the card in general here and how payment works here.

    Let me know if you have any questions!