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'Employees should make sure they have the right company credit card'

Employees with company credit cards should make sure that they have the best product to suit their needs, comparison site uSwitch.com has advised.

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19 June 2009

'Employees should make sure they have the right company credit card'

Credit cards are available that offer cash back or added bonus features so that holders who use the cards for work can get the money reimbursed at the same time as earning themselves an added reward.

The advice comes as new research from the website revealed that 2.7 million UK workers make half a billion pounds each year by tweaking expenses.

According to the data, stationery is the most popular steal with nine million employees taking items from work.

It also revealed that almost 2.8 million workers admit to having added extra mileage to boost a petrol expense claim.

Almost a third of employees also use their work mobile phone for personal calls, and 16% use their work phone to make personal international calls.

Louise Bond, personal finance expert at uSwitch.com said: "Employees who do regularly submit legitimate claims for work related expenditure on a personal credit card should make sure that they have the best product to suit their needs. Cash back cards, such as the American Express Platinum cash back card, or those with added bonus features like air miles, such as the British AirwaysAmerican Express card, could well fit the bill."

The British AirwaysAmerican Express gives holders 1,000 airmiles when they spend £500 on the credit card in the first three months. There is no fee on the card.

Posted by Sarah Nyman

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