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The B.E.S.T. Bulletin

Business Expense Survival Tips

- June 2008 -

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Protect your CMU Business Credit Card

 

To promote credit card security, we are providing you with the following tips to keep in mind to protect your CMU Business Credit Card.

  • Know your seller. Conduct business with those companies that you know and that are reputable. Remember, you will be sharing your credit card number, your name and possibly your address and phone number.
  • Ensure that you get your card back after every purchase.
  • Protect your card as if it were cash.
  • If you do not use your card on a regular basis, check periodically to make sure it is not missing.
  • Check security. If you provide your credit card number online, make certain your connection is secure. Most browsers display special icons, for example a padlock or key to indicate secure sites. Many merchants also inform you on their websites if they have taken security precautions. Look for this advisory. If you don't see it, ask about it.
  • Protect your e-mail. E-mail is not a secure form of communication. In order to protect your account numbers and avoid possible credit card fraud, do not send your account numbers or other financial information by e-mail.
  • Protect your account numbers. Treat online marketers as you would telephone marketers or anyone else you don't know. If the deal sounds too good to be true, it probably is, so pass it up. Only provide your payment card number when you are making a purchase and if you have initiated the negotiation.
  • When using a public computer to shop online or access your account(s), always remember to log off and quit the browser when you are finished. All it takes for someone to view your personal information is simply hitting the back button.
  • Report lost or stolen cards immediately.  Instructions on how to do this can be found on the Credit Card Services website http://www.controller.cmich.edu/CreditCards/creditcards.htm. 

 

 

Statistics for the May Statement Period (04/25/08-05/24/08)

Total Spend                                    $737,547.50

Total Number of Transactions              4377

Average Charge                               $168.51

Open Credit Cards                             737

Cards with Activity                            557

 

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