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The B.E.S.T. Bulletin

Business Expense Survival Tips

- July 2009 -

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  Expiring Credit Cards

The majority of the CMU Business Cards have expiration dates of 09/09.  For those of you that have an expiring credit card, you can continue using it until 9/30/09.  Your new credit card will be delivered to the Payroll and Travel Services Office at the beginning of September.  We will send out an email when your new credit card is available for pickup. 

 

 

Unknown Charge on CMU Business Credit Card Statement

In the past month there have been many instances when CMU Business Credit Cardholders have a charge on their credit card that they are not familiar with.  Below is a list of steps you should take if this happens to you.

  • If you allow others in your department to use your CMU Business Credit Card, check with them to see if they made any purchases during the month.
  • Contact the vendor for details surrounding the charge.
  • If you are unable to get information from the vendor regarding the charge or you are sure you did not make the purchase, you will need to dispute the transaction.  The Dispute Form is located on the Controllers website under Forms.  http://www.controller.cmich.edu/downloads/forms.htm.  After faxing the form to JPMorgan Chase, they will temporarily reverse the charge and research the transaction to determine if it is legitimate.

*If you need to call the Bank for any reason, please provide the last 4 digits of your campus ID rather than your social security number.

 

Statistics for the June Statement Period (5/25/09 to 6/24/09)

Total Spend                                          $711,633.86

Total Number of Transactions             3953

Average Charge                                   $180.02

Open Credit Cards                               797

Cards with Activity                             537

 

To see past BEST Bulletins check out our website by clickinghere.

 

Thanks,

Payroll and Travel Services

Cindy Smith     7363     smith1cl@cmich.edu

Chris Zalud      3525     zalud1ce@cmich.edu

Kim Wagester 7388     wages1ka@cmich.edu

Sara Yonkey    3797     yonke1sl@cmich.edu

Mary Hill          3481     hill1mm@cmich.edu