Glossary
Travel & Entertainment (T & E) cards
Travel & Entertainment (T & E) cards are a specific type of credit or charge card designed for use by businesses to manage expenses related to travel and entertainment. These cards are utilized to pay for hotels, flights, car rentals, dining, and other travel-related activities, streamlining the process of booking, spending, and tracking business travel expenses.
Key Characteristics of T & E Cards:
Benefits for Businesses:
T & E cards are essential tools for businesses with frequent travel needs, providing convenience, security, and valuable insights into travel spending patterns. They are a cornerstone of modern corporate travel policies, helping companies keep a tight rein on their travel budgets while offering employees flexible payment options during their travels.