Share Commercial Credit Card Final Review
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What are the two Commercial billing types?
Consolidated and Individual
Who receives the billing statement under consolidated billing, and who receives the memo statements?
The control acct receives the actual statement, and the sub accts receives the memos
Who controls the company approved credit limit?
FCB
Where is the control acct located?
Under company acct list
Where is the company availability located?
Company balance and status section
Under individual billing, if one cardholder has maxed out their limit, will it affect the other cardholders if the company level ahs availability?
No
What platform do we use to update billing type?
Pathway
Who can change the billing type?
Everyone listed on the corporate resolution card, the memory message person by notation, the contact person, and the guarantors.
Who can change the billing type?
Everyone listed on the corporate resolution card, the memory message person by notation, the contact person, and the guarantors.
Who can change the billing type?
Everyone listed on the corporate resolution card, the memory message person by notation, the contact person, and the guarantors.
Who can activate or do maintenance on any card for the commercial acct
Guarantor, Contact Name, Owner, Master memory person
Who can Redeem awards on Commercial Credit Cards?
Primary Cardholder/Redeemer
Which transaction type appears as transaction on a card statement, interest accrues until paid off, no grace period, and 30% of approved credit limit?
Cash Advance
What is a guarantor?
An Owner
How many contact names can be on contact list?
3
Can anyone order new card due to fraud?
No, ONLY CARD HOLDER OR GUARANTOR
