UNC PCard Policies and Procedures
The University of Northern Colorado procurement card (PCard) program provides VISA branded contactless credit cards issued by US Bank to UNC faculty and staff for making approved university-related business purchases. These contactless cards also include a chip and magnetic stripe, so the card can be tapped, inserted, or swiped on a terminal depending on how it is set up.
The PCard is a corporate liability credit card, not a personal liability credit card, meaning UNC pays a combined credit card bill each month, and your personal credit history is not accessed, considered, or impacted by applying for and receiving a PCard as Social Security Numbers and birthdates are not provided to US Bank.
PCards can be configured to serve as a purchasing card, a travel card, or a combination purchasing/travel card. How each card is configured is determined by the cardholder's department or college, though single purchase limits are capped at $9,999, as purchases that exceed this amount require a purchase order before making the purchase. The card can be used for in-store purchases as well as phone or online purchases. Each card is tailored to the cardholder's purchasing needs to help reduce card declines, and to minimize the potential for fraud if a card is lost or stolen.
PCards cannot be used to make personal purchases. Cardholders are asked to treat their PCard with the same sense of responsibility and security that they would use for their personal credit cards. Violations of policy and procedure can result in card suspension, card cancellation, or in some cases, termination of employment.