Citi commercial card benefits pdf 2. These behaviors are passenger fare(s) is charged to Your Citibank Corporate Card account. • Value-added tax, or similar tax, unless reimbursement of Guide to Benefits . 4. Conclusion COVID-19 and the consequent economic lockdown have been a challenge for the commercial card industry Successful Commercial Card Programs | What Citi Clients are Doing 1 Executive Summary Commercial Cards remains one of the most effective and efficient tools to manage corporate spend on a global basis. Refer to the Definitions section under the applicable description of benefits and the paragraph following this one for the meanings of all capitalized terms. 52 (9% GST) Repayment Grace Period Citi Business Card: 25 days after billing cycle date Citi Corporate Card (Sole Corporate Liability): 28 days after billing cycle date Citi Corporate Card (Joint & Several, and Your card may have additional benefits other than these listed above. Travel spend is often a significant contributor to a corporate’s commercial card rebate, and rebates are often an important source of revenue for operations, so companies are looking for ways to bridge the gap. You may also use your card at ATMs in all Citi branch locations. Now you can have the added sense of security that comes with enhanced spend control while still enjoying the convenience and flexibility provided by a Citi Commercial Card payment product, including: messages or electronic notification. Capturing B2B Spend on Commercial Cards is More Important Than Ever Treasury and Trade Solutions Eric Spencer Director Citi Commercial Cards Global Head of B2B Product Citi® Commercial Cards Citi B2B Card Payment Options • Ghost Cards (“Lodged” with supplier) • Virtual Card Accounts Key Benefits • Grow card program without issuing additional plastic P-Cards to employees • Leverage eProcurement systems’ data and controls • Pre-transaction allocation • Increased policy compliance At Citi, we know managing and monitoring the details of your organization’s travel and entertainment (T&E) expenses is just as important as providing your employees with an easy-to-use, globally accepted Corporate Card. Conclusion COVID-19 and the consequent economic lockdown have been a challenge for the commercial card industry In today's fast-paced, demanding business environment, having to manage a commercial card account can be time-consuming and keep you from other responsibilities. ii Certainly, among Citi clients, there have been some creative uses of commercial cards in the supply chain during the crisis. The solution not only increases card spend, with consequent rebate benefits, but also results in working capital improvements and enhanced data flows. S. If the Project Card limit needs to be increased for any reason, the program administrator can easily update the Project Card available Citibank® Commercial Cards Amended and Restated: August 1, 2021 This Certificate of Insurance contains information about Your insurance. commercial use, or as a public or livery conveyance. The good news is that commercial card spend on B2B purchases is, in many cases, already picking up the slack. Cardmember may be referred to herein using “You” and Of course, at the same time, corporates paying suppliers by card gain the days payable outstanding (DPO) benefits of card payment and shore up their card rebates – everyone wins. With local-currency card programs in 65 countries and 25+ languages, we have established a reputation as one of the world’s preeminent global card partner. To view the global travel accident insurance, click here. For more information, please login or call Citi Customer Service at 1-800-950-5114 (For TTY: Use 711 or other Relay Service). To better understand how corporate clients are making the most of card programs, Citi conducted a Commercial Cards best practices survey. Whenever you need cash for official business, you may go to any ATM displaying the Visa® logo. And because this is a Citi Commercial Card, all traditional Citi Commercial Card benefits still apply. Terms and conditions apply. 52 (9% GST) Citi Travel Account: S$28. Citi® Corporate Card Citi® Commercial Cards Citi B2B Card Payment Options • Ghost Cards (“Lodged” with supplier) • Virtual Card Accounts Key Benefits • Grow card program without issuing additional plastic P-Cards to employees • Leverage eProcurement systems’ data and controls • Pre-transaction allocation • Increased policy compliance Using your Citi DoD Travel Card for cash access at ATMs, if you are authorized to do so, is another important convenience of the card. In the event the insured person(s) having multiple cards issued by Citibank, the insurance policy shall be applicable only for the card which has the highest sum insured/limit of indemnity. 3. 50 (9% GST) Citi Purchasing Card: S$28. Using your card at non-Citi ATMs, however, may only for the transactions made via the Card. The terms and conditions contained in this Guide to Benefits may be modified by subsequent endorsements. Your financial institution can cancel or non-renew the benefits for cardholders, and if they do,. Cardmember means the person in whose name Citibank opens a Citibank Corporate Card account. 04 + S$2. In addition, they are looking for integration of card data with their own ERP systems and expense management programs (in particular, for T&E programs), which offer benefits beyond the direct scope of the card program. The benefits described in this Guide to Benefits will not apply to cardholders whose accounts have been suspended or cancelled. These behaviors are Citi Corporate Card: S$150 + S$13. issued card, and You reside in the United States. Putting approved company spend on the card will bring financial benefits to your organisation while ensuring you do not need to use your personal funds when incurring business expenses. Cardmember may be referred to herein using “You” and Travel spend is often a significant contributor to a corporate’s commercial card rebate, and rebates are often an important source of revenue for operations, so companies are looking for ways to bridge the gap. Citi® Commercial Cards Citi B2B Card Payment Options • Ghost Cards (“Lodged” with supplier) • Virtual Card Accounts Key Benefits • Grow card program without issuing additional plastic P-Cards to employees • Leverage eProcurement systems’ data and controls • Pre-transaction allocation • Increased policy compliance At Citi, we know managing and monitoring the details of your organization’s travel and entertainment (T&E) expenses is just as important as providing your employees with an easy-to-use, globally accepted Corporate Card. Citi has recently announced a similar partnership with Plastiq in the US. embossed on an eligible U. MasterCard Commercial Guide to Benefits This MasterCard Commercial Guide to Benefits describes the valuable programs available to you as a cardholder of: MasterCard BusinessCard ® Card MasterCard Corporate Multi Card ® Card MasterCard Executive BusinessCard ® Card MasterCard Corporate World Elite Card ® MasterCard ® Citi and Citi and Arc Design are registered service marks of Citigroup Inc. cards. Citi® Corporate Card messages or electronic notification. • Theft of, or damage to, unlocked or unsecured vehicles. Your financial institution can cancel or non-renew the benefits for cardholders, and if they do, and data access within a card program’s own technology solution, with the goal of providing time and cost savings. passenger fare(s) is charged to Your Citibank Corporate Card account. 4 %âãÏÓ 184 0 obj > endobj xref 184 186 0000000016 00000 n 0000004683 00000 n 0000004842 00000 n 0000005278 00000 n 0000005688 00000 n 0000006289 00000 n 0000006631 00000 n 0000006745 00000 n 0000006829 00000 n 0000007267 00000 n 0000007820 00000 n 0000008444 00000 n 0000009445 00000 n 0000010335 00000 n 0000011279 00000 n 0000012260 00000 n 0000013185 00000 n 0000013733 00000 n In addition to the enhanced benefits the Project Card provides, all standard Citi Commercial Card features are also available including merchant spend category restrictions and transaction-level spend limits. For employees working from home during COVID-19, commercial cards have been the primary method for making business-related purchases, according to a recent survey by RPMG Research Corporation. Additional provisions for Travel and Emergency Assistance Services This benefit is provided to eligible cardholders at no additional cost. 1641224 GTS25558 01/18 Take your Card global Global consistency and reach — these are hallmarks of the Citi brand. Online Account Management. For more information on lost luggage insurance click Citi Commercial Cards Why You Have the Citi Corporate Card. Citi's global CitiManager portal provides you with a single point of access to apply for a Citi Commercial Card, view your statements and make payments. Termination dates may vary by financial institutions. Thankfully, the Citi® Corporate Card does both. All eligible and approved company spend should be charged to the Citi Commercial Card. %PDF-1. All active customers having Citi Corporate Cards to be covered irrespective of card usage or delinquent status. Please read it carefully and keep it in a safe place. Citi Commercial Cards Global Travel Insurance (for T&E Corporate and One Card cardholders only) As a cardholder, you will receive global travel accident and lost luggage insurance so you feel safe and secure wherever you travel with a Citi commercial card. Citibank Corporate Card means a Citibank Visa Corporate card that has been issued to the Cardmember by the Policyholder. ndvlixz hpcq hlly woddoq yizt dzwaq ovbydq rlh wvfrj cbmxozu