INDIVIDUAL CARD ACCOUNTS
General Information
To be eligible for a state-issued individual corporate travel charge card, the state employee must:
• take, or be expected to take, three (3) or more trips per fiscal year, or
• spend at least $500.00 per fiscal year for official state business travel.
If you feel you
need a state-issued individual corporate travel charge card and you qualify
under these guidelines, please contact your state agency travel program
administrator for an application form. JPMorgan Chase ,
the corporate travel charge card vend or, will screen credit histories on
individual applicants.
Liability: The individual whose name appears on the individual corporate travel charge card is liable for all charges applied to the card.
NOTE:
Individual corporate travel charge cards issued through the State of Texas are
to be used for official state business travel expenses only.
Cards will have the official state artwork and be embossed with the Card
member’s name, the account number, the state agency or university name, and the
assigned code (3-5 digit) number.
Some benefits of the state-issued individual JPMorgan Chase MasterCard are:
• No annual fees;
• No minimum salary requirements
• Credit limits and payment information is not reported to the credit reporting bureau, thus affecting personal credit history, unless JPMorgan Chase is to the point of charging off a delinquent account. If an account is written off by JPMorgan Chase then they will report all information to the credit reporting bureau and that will show up on an individual’s credit history report.
• Travel Accident Insurance: Each cardholder who purchases a common carrier ticket with their Commercial Card is automatically insured in the amount of $500,000 against Accidental Bodily Injuries that result in death or dismemberment at no additional cost.
• Lost Luggage
Insurance: When a cardholder pays for the cost of common carrier tickets
with his/her Commercial Card or via a cardless account, he/she will be eligible
to receive supplemental reimbursement
for lost luggage of up to $1,250.
• Automobile Rental Insurance: JPMorgan Chase also offers primary Collision/Loss Damage Insurance for up to 31 consecutive days of car rental. This insurance covers up to $50,000 per incident on claims for which the cardholder or any other authorized driver are legally responsible to the vehicle rental company. This also includes Secondary Personal Effects Insurance which covers loss, damage or theft of such effects.
State designated limitations:
• $200 limit per billing cycle on non-travel (retail) charges on state-issued individual corporate travel charge cards. In some instances, charges for travel-related expenses such as parking, taxis, and gasoline may be coded by the merchant as "retail." Please be aware of this so you are prepared while traveling.
• Merchant Category Codes: Includes all travel type merchants, air, hotel, and rental car with some retail spending capabilities established by TBPC.