|Penn Travel Card
April 2, 2013,
Volume 59, No. 27
As part of the Penn Travel and Expense Management (TEM) project, the University of Pennsylvania is introducing the new Penn Travel Card.
Provided by Bank of America, the card has been developed based on community feedback received from Penn travelers’ experiences obtained through surveys and focus groups. There are many features that make the card convenient to use wherever your business travels take you and easy to reconcile your expenses. The card integrates with Concur Expense, part of Concur’s online Travel and Expense Management application. Charges automatically flow into the application, reducing manual entry and facilitating automatic payment of approved travel and business related expenses.
Cardholders will enjoy benefits such as:
- Use of the Penn Travel Card helps to keep work-related travel and entertainment expenses separate from personal expenses;
- Widespread merchant acceptance anywhere Visa is accepted;
- Chip and PIN technology available for international travel;
- Penn Travel Card transactions are automatically loaded into your Concur expense account, making them easily available to place in an expense report without any need for manual entry;
- Unique Penn branding on the card;
- Reduced fees on international transactions;
- No annual fee; and
- Best-in-class fraud protection and other special benefits such as lost luggage and AD&D insurance.
Importantly, the University has worked with Bank of America to ensure that the credit card is easy to obtain. Per Bank of America, applying for the card will not impact your credit or credit score. And, once established, the account, along with the corresponding credit limit and/or usage of the card, should not appear on your credit report when it is requested by others.
The Penn Travel Card is for faculty and staff who are required to or anticipate traveling on University business or conducting approved University business entertainment. The new travel card program, along with Concur Expense, is currently being piloted with the School of Dental Medicine, the Graduate School of Education, Development and Alumni Relations and the Divisions of Business Services and Finance. Full introduction and availability of the Penn Travel Card will coincide with the University-wide rollout of the expense report submission module of the Concur Travel and Expense Management application, scheduled for FY14 First Quarter.
The Penn Travel Card is sponsored by the Division of Business Services. For more information, please contact Travel Card Administration at CardAdm@exchange.upenn.edu
—Division of Business Services