20, No. 11, Dec. 7, 2000
UI negotiating new contract
with American Express
UI employees who have a corporate American Express card may be affected
by changes that the university and the credit card company are renegotiating.
Employees who travel on university business including emeritus
faculty members will continue to be eligible for the UIs
corporate American Express program.
However, those current cardholders who have not used their cards for
12 months will have their cards terminated. Letters have been sent to
them by the university to notify them of this action. Those employees
with future travel needs will have the option of having their card reactivated
in the future.
The cards of all former employees, including retirees, likewise will
be terminated. They have been sent letters as well. Cardholders in good
standing will have the option of transferring their cards to a private
The current corporate credit card program was established at the UI
in the mid-1980s so that employees who travel on university-related
business do not have to pay for travel-related expenses out of their
own pockets and then wait for reimbursement. The card is issued in the
employees name and the employee is then responsible for paying
the bill. Employees are able to charge their expenses while away, submit
their travel-related expenses upon their return and usually be reimbursed
before the bill comes from American Express.
American Express reports that nearly 4,800 cards are currently issued
on behalf of the UIs three campuses with at least one-third of
the cards inactive during the past 12 months. To keep the program viable,
the UI plans to streamline it so that fewer cards are issued and only
to those employees with travel-related needs. Anyone with questions
or concerns about the American Express corporate credit card program,
should call Maxine Sandretto, assistant director of business affairs,