Reply to: Company Credit Cards

[ladymuck]

Just noticed that Curve now works with PayPal so it'll be interesting to see if you can set an Amex card to be the payment card.

[ladymuck]

AFAIK taking it as cash has tax implications where as Avios doesn't

Do you use CapitalOnTap's FreeAgent integration? If so is it OK?

Currently trying to decide whether to go CapitalOnTap or Amex for a business card. Although I'd prefer to collect Amex points (as they're portable) will probably go CapitalOnTap for the FreeAgent feed, and the lower foreign currency charges.

Sorry, I missed your reply.

I don't use FreeAgent, I'm a Xero user. The integration has worked fine for both CoT and Amex.

[Andy2022]

I've had that card for years. I pay it off every month so have no idea what the interest rate is. If the balance is less than a fiver then they don't bother triggering the DD (something I only found out this week when I wondered why my debt of £3.50 wasn't collected). I tend to move the points to BA Avios rather than take it as cash but that's my personal preference.

AFAIK taking it as cash has tax implications where as Avios doesn't

Do you use CapitalOnTap's FreeAgent integration? If so is it OK?

Currently trying to decide whether to go CapitalOnTap or Amex for a business card. Although I'd prefer to collect Amex points (as they're portable) will probably go CapitalOnTap for the FreeAgent feed, and the lower foreign currency charges.

[ladymuck]

Ressurecting for 2023 given the high interest enviornment.

What's best for 2023?

I'm hearing good things about Capital on Tap 1% cashback

https://www.capitalontap.com/en/business-credit-cards/

I've had that card for years. I pay it off every month so have no idea what the interest rate is. If the balance is less than a fiver then they don't bother triggering the DD (something I only found out this week when I wondered why my debt of £3.50 wasn't collected). I tend to move the points to BA Avios rather than take it as cash but that's my personal preference.

[BigLadFromBeeston666]

Ressurecting for 2023 given the high interest enviornment.

What's best for 2023?

I'm hearing good things about Capital on Tap 1% cashback

https://www.capitalontap.com/en/business-credit-cards/

[FMCG]

There are no means by which you can pay HMRC fee free by card and earn points.

Regarding reward schemes, what sort of rewards are you after? Cashback? Airline / hotel points?

Thanks.

"Cashback" or "Air Miles" possibly? (Would have opted AMEX Gold for the 30,000+ points but cannot pay HMRC via such).

Only toying with replacing cards as the bank with "the black horse(s)" are absolutely dire wrt customer service in the credit/charge card section.

[ladymuck]

Hi.

Anyone have good recommendations for 2022? Naturally, would prefer to be able to qualify for some type of reward scheme whilst ability to use to pay HMRC with no fee(s). (Matters little over Credit or Charge type card).

There are no means by which you can pay HMRC fee free by card and earn points.

Regarding reward schemes, what sort of rewards are you after? Cashback? Airline / hotel points?

[FMCG]

Hi.

Anyone have good recommendations for 2022? Naturally, would prefer to be able to qualify for some type of reward scheme whilst ability to use to pay HMRC with no fee(s). (Matters little over Credit or Charge type card).

[Flashback]

Does it work with paypal mastercard and AMEX?thx

MC/Visa only and there's a 1% fee.

[Orangecat]

Current Idea;

Signed up to a business Paypal account, with that you can get issued a MasterCard debit card, link my corporate AMEX and pay HMRC with the Paypal card.

Will let you know if it works

Business Debit Card - Mastercard for Business | PayPal UK

Does it work with paypal mastercard and AMEX?thx

[ladymuck]

Do you know who they are moving to?

Bringing the e-money facility inhouse, I believe. They emailed about it in April as part of their planned roadmap.

[BlueSharp]

Lots of fintech companies used Wirecard for payments processing.

Curve were already in the process of moving off Wirecard and their plan was to be free of them by the end of June.

Do you know who they are moving to?

[ladymuck]

I see Curve are caught up in the Wirecard scandal....where 1.6 billion Euros was found to be missing from their accounts leading to the collapse of the company and the arrest of the CEO.

EY taking some heat as the auditor for the last ten years. EY saying that they "uncovered the scandal".....if by "uncovered" they mean - "we read the FT" - who have been reporting on this train wreck for months - then they might have a point.

The FT has a quote from curve saying that their payments system should be available again from this morning with money safely held by 3rd party. I no longer have a Curve card to confirm.

Lots of fintech companies used Wirecard for payments processing.

Curve were already in the process of moving off Wirecard and their plan was to be free of them by the end of June.

[sludgesurfer]

I see Curve are caught up in the Wirecard scandal....where 1.6 billion Euros was found to be missing from their accounts leading to the collapse of the company and the arrest of the CEO.

EY taking some heat as the auditor for the last ten years. EY saying that they "uncovered the scandal".....if by "uncovered" they mean - "we read the FT" - who have been reporting on this train wreck for months - then they might have a point.

The FT has a quote from curve saying that their payments system should be available again from this morning with money safely held by 3rd party. I no longer have a Curve card to confirm.

[Spoiler]

I've linked my Amex card to my business paypal with no problems, I've then removed my bank account leaving only the credit card.

Will have to wait for the debit card to be sent before I can try it out

Fingers crossed