Anyone use a charge card for road expenses?

I prefer using a debit card for road expenses. You can also use a credit card, but I would not want to purchase fuel with most credit cards. It will increase your fuel costs by about $0.06/gallon at most of the major truck stops. I have used an American Express card for major repairs, but prefer just paying cash with a debit card. Using a debit card, my costs are itemized and I have a better record for taxes.

 

I used a Visa card from a credit union for meals, etc road expenses. No frills, just low interest. Paid it off each month. Just kept $30-$40 dollars in cash.

 

Having a charge card is a great way to further build your credit. Using it for large purchases will add up quick, so I seriously don't advise you to pay for hotel costs. Let the company take it out of your check and reimburse you on the same check so it'll be no hassle to you. Use it for food purchases and whatnot.

 

credit cards are a quick way for a young driver to get behind them. last two years of trucking used a debit card, then had everything at the end of the year for taxes. had a american express for back up never used it, they did send me a letter that i needed to use the card at least once a year. have been audited by the irs and that old line, i put everything in a box and let them figure it out, will not work in your favor. have a nice day and b careful

 

Bad idea, your setting yourself up for disaster. If you brake down it is the companies responsibility to rent the room. You should not do this. Simply tell them I do not have the money to cover this, dispatchers have the ability to get it covered. It is just easier for them to get you to do there job. Just say no. Make them pay for it up front.

This credit card will turn into a rope around your neck.

 

Credit cards are very handy for most people, and having one can be a plus. I prefer cards with shy high interest rates, especially ones with good bonus points. The high rates make me pay them off 100% every mouth.

FYI about Debit Cards, they lack the federal protections the credit cards come with for free. If you're ever killing time on the net Goggle 'dangers of debit cards' and read some of the links.

When I met my wife she felt a credit card balance was no big deal. Once she got a clue about all the work she would do to find a sale and save 10-20% then spend 20-30% in interest she stopped sending her money to the bankers. She still sends it to the store owners, but now she can send them 10-20% more. Ha Ha

 

People tend to spend more money when they use credit cards. It is not a bad idea to have a credit card as a backup, but I don't want one for every day expenses.