Citi commercial card benefits pdf. commercial use, or as a public or livery conveyance.

Citi commercial card benefits pdf How does a contactless card work? Contactless cards work through a Near Field Communication (NFC) antenna that is embedded into the commercial card. 52 (9% GST) Citi Travel Account: S$28. 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. 10. ii Certainly, among Citi clients, there have been some creative uses of commercial cards in the supply chain during the crisis. com to learn more about Citi Virtual Card Accounts or Citi Purchasing Cards. Dollar Citibank Canada Commercial card, that has been issued to the Cardmember by the Policyholder. For more information, please login or call Citi Customer Service at 1-800-950-5114 (For TTY: Use 711 or other Relay Service). Benefits at a Glance For Your Organization • An all-encompassing Commercial Card that integrates multiple programs into one • A single program to manage, reducing Card requests, program maintenance, and increasing efficiency • Merchant Category Code (MCC) templates to control a multitude of authorizations and limits Citi’s solutions are built on the foundation that a Commercial Card program must be easy for cardholders to use, create program management efficiencies, and provide insights for better business decision making. These behaviors are 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 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 can view your progress at a glance- see up to 6 months of score history. Citi® Commercial Cards Implementation Highly scalable and proactive program implementation at the global forefront of technology Our Commercial Cards give traction to your strategic ambition so you can better manage your organization across departments, geographies and time zones. Your card may have the following controls: Standard vs. Business-to-business (B2B) spend is increasing – and many companies have increased efforts to migrate spend to cards in recent months. 20 Nokia and Shell 23 Xerox 24 Regulatory/Audits U. 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. Benefits Summary 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. Online Account Management. The following Key Terms apply to the following benefits: MasterRental, Purchase Assurance and Extended Warranty. Citi Asia Commercial Cards continues to re-invest over 30% of net income into our products and services. 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 passenger fare(s) is charged to Your Citibank Corporate Card account. Citi® Corporate Card 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. 28 U. Citi also goes the extra mile for clients by offering global file integration for EMS and enterprise resource planning (ERP) systems, such as SAP, Concur, Oracle and JD Edwards. passenger fare(s) is charged to your Citibank Corporate Card account. 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 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 Virtual Card Accounts are pre-integrated through a secure Application Programmers Interface (API), making Citi’s clients’ implementation process seamless. Conclusion COVID-19 and the consequent economic lockdown have been a challenge for the commercial card industry Citi Virtual Cards. 9. Both format and frequency can be customized. 1 Issue of Citi Commercial Cards Benefits Effective date: May 12, 2024 Important information. And because this is a Citi Commercial Card, all traditional Citi Commercial Card benefits still apply. This Guide to Benefits contains detailed information about the benefits you can access as a World Elite Mastercard ® Cardholder. 2. Learn More Citi Commercial Cards is a founding member of the Mastercard Priceless Planet Coalition, which is comprised of financial institutions, corporates, consumers, and digital partners pledging to restore 100 million trees. 88% savings at Esso includes a 5% Esso site discount, 5% Esso Smiles Card discount, 4% Citi Card discount and 8% cash back with Citi Cash Back Card (on nett Checking your score in the Citi Mobile ® App or on Citi ® Online is free, and no matter how often you check it, your score won’t be impacted. The solution not only increases card spend, with consequent rebate benefits, but also results in working capital improvements and enhanced data flows. 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. We continue to lead the To enjoy 17% fuel discount, Citi Cash Back Cardmembers have to present their physical card for payment and payment has to be made at Caltex service station indoor cashier counter. The Citi Representative will close out your account immediately and have a new card issued to you. 04 + S$2. 18 Global Telecommunications Co. Cardmember may be referred to herein using “You” and 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. 4. This antenna is connected to the card’s chip, and innovation? At Citi, we believe that banking must solve problems, grow companies, build communities, change lives. Termination dates may vary by financial institutions. Citibank Corporate Card means a Citibank Mastercard Corporate card, a Citibank Mastercard One card, or a U. 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 passenger fare(s) is charged to Your Citibank Corporate Card account. 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. Citi will reach out to you via phone, text message and / or email, and a Fraud Early Warning block may be placed on your account. Cardmember may be referred to herein using “You” and 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. Your financial institution can cancel or non-renew the benefits for cardholders, and if they do, As a leader in commercial card services, Citi has developed a global platform that enables clients to run a single, consistent card program across 30 currencies and 20 local languages. 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: cost to you by speaking with a Citi Benefits Center representative. and data access within a card program’s own technology solution, with the goal of providing time and cost savings. As a leading commercial card issuer, Citi® Commercial Cards offers corporations and financial institutions a comprehensive range of payment solutions to suit their procurement payment needs. This Benefits Handbook provides no guarantee that you are eligible to participate in every benefit or program described. Moreover, the pandemic has highlighted the benefits of digitization and looks set to increase adoption of virtual cards. 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 Citi Commercial Cards only for the transactions made via the Card. Citi Corporate Card: S$150 + S$13. You may also use your card at ATMs in all Citi branch locations. Whenever you need cash for official business, you may go to any ATM displaying the Visa® logo. Citi Transaction Services overview of your card account, current balance, card contact information, and search for allocations based on the G/L record definition. 3. . messages or electronic notification. Since 1812, Citi has been serving customers with innovative banking and financial solutions. Citi ePayables also facilitates conversion from check to Electronic Fund Transfers (EFTs), processed via the Through our global and proprietary commercial card issuance footprint, we can support your organization to manage and automate business expenses across all regions of the globe Citi provides industry-leading transaction data and reporting capabilities, and integrate seamlessly with client systems such as expense management, procure-to-pay, and embed the Citi Commercial Card into your organization. Call the Citi Benefits Center via ConnectOne at 1 (800) 881-3938. Using your card at non-Citi ATMs, however, may Citi Virtual Cards. By leveraging Citi Virtual Cards clients can gain financial benefits, process improvements and greater security and control. Not a Citi cardmember yet? Become one Citi offers an innovative suite of easy to use online tools that help companies, administrators and cardholders efficiently manage the range of responsibilities behind multifaceted commercial card programs and day to day business expenses. 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. 20. S. Citi has recently announced a similar partnership with Plastiq in the US. 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 potential scams, please call a Citi Representative using the number on the back of your card or via the Citi website. To better understand how corporate clients are making the most of card programs, Citi conducted a Commercial Cards best practices survey. Thankfully, the Citi® Corporate Card does both. Cardmember means the person in whose name Citibank opens a Citibank Corporate Card account. 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. We, Us, and Our refer to New Hampshire Insurance Company, an AIG company. There are two card types available to DoD Cardholders: standard and restricted cards. Clients need to contract separately for Coupa Pay and Citi Commercial Card Services, subsequently Coupa and Citi work in parallel to implement the how and where you use your card. In the credit card industry, Citi has set the standard for the world. Corporates who use Citi Commercial Cards for business purposes, including travel and B2B purchases, can earn a only for the transactions made via the Card. We have combined our vast experience in worldwide The Citi® One Card allows you to combine the features and benefits of Citi® Purchasing, Corporate and/or Fleet Cards into one efficient program, providing your organization with simplified control and reporting capability. 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. Not enrolled in Citi Online? Register now to get free access to your FICO ® Score. for the transactions made via the Card. Guide to Benefits . Learn More Cardmember’s Agreement, the Citi Purchasing Card Cardmember’s Agreement and the Citi Travel Account Card Cardmember’s Agreement (as applicable) which is set out on the Bank’s website “Citi Commercial Cards” means the Citi Business Card, Citi Corporate Card, Citi Purchasing Card, and Citi Travel Account Card (as the case may be); card? A contactless card is a credit card with an embedded antenna that enables tap and go transactions. If the Rental Vehicle is for commercial and/or business purposes, Auto Rental Collision Damage Waiver benefit acts as primary coverage, and You may be reimbursed for up to the covered card, you are eligible for benefits under this coverage. 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 ® Increase the benefits from your Citi Purchasing Cards now with Citi Virtual Card Accounts and capture more spend — securely and conveniently — on your card program. Department of the Navy 30 Social Security Administration 32 Data Security Citi Commercial Cards Tokenization 34 Program Expansion and Implementation Why is your commercial card programme important? How do you choose a provider? How important is it to track a programme’s performance? Can card declines be avoided? How can you ensure compliance? What are the next steps for commercial cards? 164,000 03 04 05-06 07-08 09 10 Contents The scope of our study Covering five major industries potential scams, please call a Citi Representative using the number on the back of your card or via the Citi website. • Value-added tax, or similar tax, unless reimbursement of Citi Supplier Enablement Services plays a key role in helping Citi Commercial Cards clients maximize the benefits of their Virtual Card Account (VCA) programs by supporting all : merchant on-boarding activities, including developing customized merchant outreach campaigns to communicate the roll out of Virtual Card Number payments, addressing Citi Government Travel Card Program Official Government Travel has just become easier with the Citi® Government Travel Card. These behaviors are Your card may have additional benefits other than these listed above. 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: Citi Government Travel Card Program Official Government Travel has just become easier with the Citi® Government Travel Card. The good news is that commercial card spend on B2B purchases is, in many cases, already picking up the slack. %PDF-1. This Guide supersedes any guide or program description you may have received earlier. 8. These limits are authorized based on the type of card you are assigned. cardholder or authorized user of the covered card. Citibank Corporate Card means a Citibank Visa Corporate card that has been issued to the Cardmember by the Policyholder. Cardmember means the person in whose name Citibank opens a 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. Terms and conditions apply. Citi offers Commercial Card solutions as a part of our Payments vertical within the Services business. Your financial institution can cancel or non-renew the benefits for cardholders, and if they do, cards. Click the Statements icon to select a monthly statement to review and submit. SECTION 2 – ISSUANCE OF CREDIT CARDS 2. Citi® One Card Combine the services of our most popular cards to better manage Citi Purchase Card Program 14 Johnson Controls 16 North American Airline Co. We have combined our vast experience in worldwide messages or electronic notification. Citi issues Commercial Cards to Customers, as part of credit facility extended under Local Credit Policy, for managing their travel and business payments. Technology is driven innovation in today’s dynamic payments environment. Restricted Accounts: The travel card program for the DoD has assigned limits based on travel needs. Marine Corps. • Theft of, or damage to, unlocked or unsecured vehicles. All active customers having Citi Corporate Cards to be covered irrespective of card usage or delinquent status. Click the Inquiry icon to search for dispute logs, G/L Code, point of contacts, statements and transactions. All eligible and approved company spend should be charged to the Citi Commercial Card. Citi ePayables includes our award winning Virtual Card Accounts (VCA) which combines the benefits of a traditional purchasing card with the controls, consistency and risk management required for Accounts Payables purchases. The benefits described in this Guide to Benefits will not apply to cardholders whose accounts have been suspended or cancelled. 50 (9% GST) Citi Purchasing Card: S$28. See the For More Information section for detailed instructions. Refer to Key Terms for the definitions of you, your, we, us, our, and words that appear in bold and Legal Disclosures. 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: Citi Commercial Cards Why You Have the Citi Corporate Card. cards. commercial use, or as a public or livery conveyance. Recent investments in Citi’s global card platform have expanded Leading the Charge for Expense Control and Process Efficiency by PauL horn Global Product Despite these challenges, the long-term trajectory of commercial cards remains positive. Please read and save. Conclusion COVID-19 and the consequent economic lockdown have been a challenge for the commercial card industry 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. Extend the Power of Your Citi® Commercial Card Program Visit citimanager. yankjb fuiwg uvf vurv rtsyi gfa wbsgy tdhzrkxw anqum ptceek