As Pres. I have my own credit card for walmart only. But before I go and use it I must make sure it is items that are needed and no one else has bought. Other items i buy i do wish i had a credit card for i hate using my own money and being reimbursed. I always get it the next day but then you have to go to bank and replinsh your account. (sometimes confusing to my hubby)

I feel that at least 2 board should have some type of card. Our Tres. and I are the ones who shop the most others get reimb.

I think its a secured credit card that the previous person was refering too. Almost all banks offer them. Which would actually be a great idea I think. I hate having to have all the expenses come out of my pocket and wait for reimbursement.
As long as there are receipts to back it up.
Even if you got a credit card and had a small limit on it so someone couldn't go crazy with it. I think they are both great ideas.

Cindy

I get nervous about debit cards for PTO. Is it really practical for your co-presidents to personally do the bulk of the shopping for all the committees? Are they really agreeable and available to take on that responsibilty? So what might happen in practice is that the co-pres just loan the card once in a while to a trustworthy committee chair. But that's risky too, of course. Another option that provides more financial protection is to buy a credit card (I'm sure that's not the official name for the card, but..)that is pre-loaded up to a certain limit. Some of the banks market them as good gifts or for use with college students. At least that way there'e a limit to your exposure. This might also be a way to pay for larger expenditures that no volunteer wants to "front".

We recently moved our bank account and one of the options available was a debit/credit card. We got one for each of the co-prez with the idea that they could then make purchases for events and such instead of having the committee members do it and then have to file the paperwork and wait for reimbursement. It will hopefully save the treasurer from having to write as many checks. I just used mine yesterday and plan to attach the receipt to one of our standard reimbursement forms and give it to the treasurer so she can record it. All the purchases are listed on our monthly bank statements so she has that record too.

We're considering opening a credit card account for PTO expenses. We would like to reduce the amount of reimbursements we issue and instead have 2-3 officers have use of the account.
We were considering a credit card vs. a debit card for auditing reasons. A separate monthly statement, paid in full each month, & receipts attached as back-up.
Would love input.
Thanks!