There is no annual fee for this card. This limit will be monitored by the cardholder's Department and the Business Office Accounts Payable Department. The monthly credit limit will be determined by the Department, Purchasing and the Bank One, based on departmental need. The billing address for the purchasing card will be the using department, and should include the building and room number, as well as the department's name, street address, city and zip code. The using department, upon receiving the monthly memo statement, will reconcile items to be sure that amounts charged match the billing statement charges.
Discrepancies are the sole responsibility of the department to resolve.
The Purchasing department can be of assistance if necessary. If there are charges the department wishes to dispute, it is the responsibility of the department to notify Bank One and fill out the proper dispute forms in a timely manner. Monthly charges will automatically be paid by Payable Accounting. Disputes over charges and credits to statements are to be worked out by the department with Bank One. The Purchasing and Payable Accounting office will periodically audit the charges and will review monthly summaries.