Corporate card protection: Travel Weekly

I understand that consumers can get their credit card charges reversed under the Fair Credit Billing Act if a travel supplier goes out of business before services are rendered. Are corporations considered consumers under the act? What about individuals who use corporate cards?

A: Only "natural persons" -- individuals -- are protected by the Fair Credit Billing Act. So your corporate account does not have any rights under the act.

This fact will probably come as a shock to many corporate travel managers and corporate-oriented agencies that have persuaded their clients to sign up for corporate-card programs by using the act's protections as a lure.

I believe, and would expect, that most corporate-card issuers nevertheless have policies that extend to corporations the same protections that consumers automatically get under the law.

Of course, mere policies can be changed at any time. Therefore, if a corporation is in a position to negotiate the terms of its contract with its trav-el-and-entertainment card issuer, it should at least try to make sure these "policies" are incorporated into the contract as actual promises.

If any corporate card issuers routinely put the provisions of the Fair Credit Billing Act into their corpo-rate-account agreements voluntarily, they should certainly make this fact

a key selling point, as they effectively are offering valuable supplier default insurance at no charge.

The corporation could not get protection by giving each traveling employee a card, either. Another provision of the law states that the protections of the act do not apply to "extensions of credit primarily for business purposes."

So, under a literal reading of the law, business travel really is never covered. In fact, I would go so far as to say that a business traveler using his or her own personal credit card would not be covered, either, due to the words quoted above in the previous paragraph.

However, a quick reading of my personal cards' member agreements shows that the card issuers do not make any such business-related exception, so personal card holders probably can safely rely on those agreements instead of the act when they use their cards for business travel.

Mark Pestronk is a Fairfax, Va.-based attorney specializing in travel law. He answers your questions in the TravelWeekly.com Legal Ease forum. To contact Mark directly, e-mail him at [email protected].

From Our Partners


From Our Partners

Fiesta Americana Travelty Collection, What Advisors Need to Know
Fiesta Americana Travelty Collection, What Advisors Need to Know
Register Now
Revenue, Retention and Risk: The Business Case for Integrated Travel Insurance Technology
Revenue, Retention and Risk: The Business Case for Integrated Travel Insurance Technology
Read More
Going Beyond: Extraordinary Experiential Experiences
Going Beyond: Extraordinary Experiential Experiences
Register Now

JDS Travel News JDS Viewpoints JDS Africa/MI