University Corporate Card
We will be transitioning the University Corporate Credit Card Provider from American Express to J.P. Morgan. Although our agreement with American Express does not expire until January 30, 2025, we are planning a phased transition to J.P. Morgan over the coming weeks to ensure a smooth transition.
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The J.P. Morgan program will improve employee convenience, supplier relationships, internal controls and processes, and provide wider acceptance overseas.
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The transition to J.P. Morgan will begin in early December and will continue through January 30, 2025. The University’s Agreement with American Express expires on January 30, 2025.
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New cards will begin to be issued in the middle of December (approximately December 13) and will continue through early January.
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Strategic Sourcing will contact you when your card is available to be picked up at the Office of Strategic Sourcing at FHM 131. For our Lincoln Center cardholders, we will make arrangements to have the cards delivered to LC.
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No. After you receive your new JPM Visa Card, you cannot make new charges with your AmEx card. Your American Express Card will be deactivated by the Pcard Program Administrator.
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The majority of cardholders will be provided a $5000 monthly spending limit. However, we understand that some cardholders will require greater limits due to the nature of their work.
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Yes, you will need to update your payment information for any recurring charges that are currently billed to your AmEx card.
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Cardholders will be provided access to J.P. Morgan’s PaymentNet solution where a cardholder can review transactions, view account information, and view their statements.
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You do not need to take any action at this time. Hotels usually ask for a form of payment upon arrival. If you have been issued your new JPM Visa at the time of travel, you will be able to use that card at that time. Airline tickets are typically charged at the point of booking, so there shouldn’t be a need for your old AmEx to complete your travel.
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It will not. You will continue to reconcile your expense reports through Concur. However, expenses incurred on the Visa card must be reconciled no later than 25 days after the statement close date.
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Yes. Online training sessions will be provided, including on the use of the PaymentNet solution.
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Please contact the Office of Strategic Sourcing at [email protected].