Credit Card Agreement
I hereby acknowledge receipt of my College Visa corporate credit card and a copy of the College’s Credit Card Program Policy. By checking the Cardholder Acknowledgement via the J.P. Morgan Cardholder Acknowledgement, I agree to the following terms.
I agree to:
- Business Use Only: Use the card strictly for official College business purposes. Personal use is strictly prohibited and may result in further disciplinary actions.
- Purchasing Policy Compliance: Adhere to all College Purchasing Policies. I will not use this card to bypass standard Purchase Requisition procedures.
- Travel & Entertainment Limits: Comply with the College’s Travel and Entertainment Policy for all expenses relating to airfare, lodging, meals, and entertainment.
- Card Security: Maintain sole control of the card. I will not grant card access to any other individual, as I am the named cardholder and personally responsible for all transactions.
- Timely Reporting: Submit completed expense reports with original, itemized receipts attached within five (5) business days of receiving the monthly statement.
- Card Surrender: Immediately surrender the Visa card upon request or upon termination of employment with the College.
I understand that the College receives monthly activity reports on all corporate card accounts and actively monitors spending. I acknowledge that unauthorized charges or failure to submit required documentation may result in card revocation, disciplinary action, and/or personal liability for unsubstantiated expenses.