JPMorgan Chase MasterCard Procedures

The JPMorgan Chase MasterCard program (JPM) is a method for employees to charge University related expenses/purchases on a credit card, thereby eliminating the need to carry excessive amounts of cash. To obtain a card, please follow these steps:

1.    Obtain an application packet from the Accounting Office. The packet will contain a JPM application, a University Corporate Credit Card Agreement and a copy of the University's most recent travel policies. Please note that on the JPM application there is a section asking for "Mother's maiden name." This is for identification purposes only. If you do not wish to release this information, you may leave this section blank. The section for home address is for control purposes. This section must be completed. You will not receive any solicitations from JPM by completing this section.

2.    Upon completing the two forms, please submit them to the Accounting Office. Credit cards should be received within two weeks by the Accounting Office and then forwarded to you for authorization and signature. You will need to contact JPM to activate your card. If you have not received a card by that time, please contact the Accounting Office directly.

3.    The card is to be used as you would any other credit card. The card can be used for travel and miscellaneous small dollar purchases. Please note that the University's travel policies (attached) and purchasing procedures must be followed. In particular, any supply item costing more than $500.00 must have a purchase order. Therefore, the JPM card can't be used to purchase any single supply item costing over $500.00.

4.    Each month you will receive by email a copy of an activity statement indicating the charges assessed to the card. You should examine the statement, sign it indicating your agreement with the charges, attach all pertinent receipts and forward this information to the Accounting Office. Items in dispute must be so indicated detailing the specific reason why you are contesting the charge.

5.    Your University budget code will be charged each month base upon the billing from JPM and the ORG/ACCT instructions submitted on the University Corporate Card Agreement. If you wish to have expenses charged to a different ORG/ACCT, please indicate this on the activity statement. Please do not repeat the ORG/ACCT submitted on the University Corporate Card Agreement, as this is and automatic default setting.