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Office of Federal Financial Management

Travel and Purchase Cards

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Federal agencies issue credit cards to employees to help facilitate purchases that employees make while at work or on work-related travel. The credit card process is useful because it allows agencies to get up to the minute information on employee purchases. Such information is critical to ensuring that all purchases made with government-issued credit cards are appropriate (i.e., work-related) and that all credit card bills are paid on time. By paying bills on time and thereby increasing monthly rebates, the use of purchase and travel cards is a strategic method for saving taxpayer dollars.

Legislation: Consolidated Appropriations Act of 2004, Sec. 638 (Creditworthiness) (P.L. 108-7)

Memoranda: M-03-02, Increased Oversight for Government Purchase and Travel Cards (October 15, 2002)

Resources: www.gsa.gov/smartcards

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Financial Standards
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From the Controller's Desk