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Visa Corporate – Business Travel Credit Cards
All employees who travel out of district on official college business are eligible to apply for a Visa Corporate - Business Travel Account card. Cards are issued to the individual employee through UMB Bank and are employee liability Visa Corporate - Business Travel Account cards. The cards have no annual fee. UMB Bank does make a credit check when processing the application, but the issued card does not appear on the individual's credit report. The purpose of the Visa Corporate - Business Travel Account card is to allow the employee to cover the expense of college related out of district travel without having to use personal funds or a private credit card. Travel costs charged on the Visa Corporate - Business Travel Account card should be submitted for reimbursement soon after completion of travel using the Out of District Travel Expense Reimbursement form. Approved reimbursements will be paid in the college's weekly check cycle and if submitted timely will allow sufficient time for payment of all charges within the grace period for repayment of balances. Visa Corporate - Business travel Account cards are billed to the individual cardholder and payment is the responsibility of the cardholder. Payment of the full balance for all charges is required when due and the accounts should not carry a balance from billing cycle to billing cycle. Applications for Visa Corporate - Business Travel Account cards may be obtained in GEB 152. Completed applications must be submitted to Bob Prater, Associate Vice President Finance/Comptroller, GEB 152. He will sign the application as the Business Travel Card Coordinator to certify that the applicant is a college employee and that the applicant travels out of district on official college business. He will mail the completed application to UMB Bank. The turnaround time for issuance of a card by UMB Bank is five to ten business days. |