UAMS ADMINISTRATIVE GUIDE

NUMBER: 8.4.02
DATE: 10/15/96
REVISION:
02/18/2004   

SECTION: FINANCE DEPARTMENT
AREA: TRAVEL AND REIMBURSEMENT
SUBJECT: CORPORATE CREDIT CARDS

PURPOSE

The purpose of this policy is to notify departments within the University of Arkansas for Medical Sciences (UAMS) of the procedures regarding the request for and use of the Visa Corporate Card.

POLICY

UMB (Visa) and the State of Arkansas have entered into an agreement which allows state employees to apply for the Visa Individual Corporate Card.  UMB reserves the right to issue or to deny issuance.  UMB may consult any credit information available, including information provided by the applicant.  If issuance is granted, no annual fee or interest charges (finance charges) will be assessed to the cardholder. 

PROCEDURE

(1)   Applications for the Visa Corporate Card may be obtained by calling the Travel Office in the Finance Department at 686-6828. Applications will be sent to the employee requesting via email.

(2)   Charges made on the Visa Corporate Card are the personal responsibility of the cardholder, and not the responsibility of UAMS.

(3)   Use of these cards is subject to regulations issued by the State of Arkansas.  These regulations require that the cards be used for official business travel only and that the statements be paid promptly.

(4)   An employee’s Visa Corporate Card will be cancelled on termination of their employment with UAMS.