IHG Corporate Credit Card: Decoding the "Fighting" Terms & Conditions

What the "Fighting" Terms Actually Mean

The IHG Corporate Credit Card's fine print contains clauses that can feel confrontational, but they're standard industry safeguards. Key areas include usage restrictions, penalty fees, and dispute resolution procedures. Knowing these terms helps avoid unexpected charges and ensures smooth expense reporting.

Usage Limits and Eligibility

Cardholders must be authorized by their employer and meet IHG's eligibility criteria. The card is intended for business travel, lodging, and related expenses only. Personal use triggers automatic forfeiture and potential disciplinary action.

Penalty Fees and Late Payments

Late payments incur a 2% penalty on the outstanding balance. Over‑limit charges are capped at 5% of the credit limit. These fees are designed to encourage timely payments but can quickly add up if invoices are delayed.

Dispute Resolution Process

Disputes must be filed within 30 days of statement receipt. IHG's dispute resolution follows a two‑step process: first, the cardholder submits a written claim; second, IHG's finance team reviews and responds within 10 business days. Unresolved disputes may be escalated to an external mediator.

Impact on Your Company's Tax Reporting

Expenses on the IHG card must be categorized correctly for tax purposes. Travel and lodging are deductible, while incidental fees (e.g., minibar charges) may be subject to different treatment. Accurate record‑keeping prevents audit complications.

Managing the Card Program Effectively

Implement a clear approval workflow, train staff on usage policies, and schedule quarterly reviews of the card statement. Automated alerts for high‑spend categories can preempt disputes and fee accumulation.