What Church Treasurers Should Know about Church Credit Cards
Part three of a three-part series.

We have come a long way since the first plastic credit card was issued by American Express back in 1958. Today there are more than 640 million of them in circulation in the United States with a total credit card debt approaching $1 trillion. Many churches have succumbed to the appeal of credit cards. Whether your church has one, or is considering getting one, there are several issues for you to consider.

In the previous two editions of Church Treasurer Alert the following issues were covered:

  1. Does our church need a credit card?
  2. What is the difference between a credit card and a debit card?
  3. What happens if our card is stolen?
  4. Selecting a credit card
  5. What is credit card "blocking"?
  6. Avoiding credit card fraud
  7. Disputes on how much you owe
  8. Disputes over the quality of purchased goods
  9. Unauthorized charges
  10. Criminal liability

In this article several tax issues associated with the use of church credit cards will be addressed.

Log In For Full Access

Interested in becoming a member? Learn more.

Posted: November 1, 2007
View All
from our store
Talking to Your Congregation About Money

Talking to Your Congregation About Money

Helpful insights on talking about money and encouraging people to become generous givers.
Church Finance

Church Finance

Learn about budgeting, financial reporting, tax compliance, insurance coverage, and more.

ChurchSalary

ChurchSalary

Let ChurchSalary do the work. Get personalized compensation reports for staff and pastors.