June 13, 2017
Reminder - Procard Limitations on the Purchase of Gift Cards
Procard Reminder -- Using a UK-issued standard Procard to purchase a payment card from a vendor is a violation of the Procard policy. Standard Procards cannot be used to access cash, which includes any type of cash equivalent. A payment card from a vendor would be considered a cash equivalent because it establishes an upfront balance to be utilized at a later date.
Should a project have a need to obtain gift cards for research subjects, a special type of Procard called a Declining Balance Card can be obtained. There is a separate application process for this type of card (see BPM E-7-16).
If you have additional questions, please contact the UKHC Accounting Office for assistance.