Every University PCard issued is designated with an appropriate spend profile that includes the credit limit on the card for the maximum spend in a billing cycle and the maximum amount for a single transaction. This limit includes tax, shipping, handling, and any other expenses related to the purchase.
The PCard billing cycle is from the seventh day of each month through the sixth day of the following month.
All PCard activity allows for General Purchases.
Travel & Entertainment is an enhancement that can be added to a PCard by the department’s liaison during the PCard application.
The monthly credit limit and single transaction limit are the same for both the General Purchases only and General Purchases + Travel & Entertainment cards.
Please review the table below for details on the available credit and single transaction limits.
Monthly Credit Limit | Single Transaction Limit |
---|---|
$2,500 | $1,000 |
$5,000 | $1,000 |
$10,000 | $5,000 |
$15,000 | $5,000 |
$20,000 | $5,000 |
$30,000 | $5,000 |
$20,000 | $10,000 |
$30,000 | $10,000 |
$40,000 | $10,000 |
$50,000 | $10,000 |