Credit Card Policy (Personal)
Use of personal credit cards for University purchases is not appropriate. This creates the following problems: University of Rochester incurs additional costs such as sales tax; vendors with whom UR has established discount terms often do not offer the applicable discount since the purchase appears to be made by an individual, not the University of Rochester; and title to the item will vest in the individual, not the University of Rochester.
The following alternative purchasing methods should be used:
- University of Rochester Purchasing Card (P-Card): For appropriate purchases under $1,000.00.
- Petty Cash: For purchases under $25.00 (if your department does not have a P Card)
- Systems Contracts
- Purchase Order (regular) initiated by Requisition #312 of all other transactions.