Effective June 17, 2006, The University of Oklahoma will begin a new
contract, with GE Capital Services, for a travel expense credit card (TE
Card) to help employees facilitate the payment and management of travel
that they do on official University business. The current contract with
JPM Chase will expire upon the new contract becoming effective.

If you currently hold a JPMChase TE Card and would like to apply for a
new one through GE Capital, you will need to complete a new application.
Applicants will undergo a credit inquiry before cards will be issued.
If a card is not issued because of an employee's credit inquiry results,
this information will be held confidential and will not be revealed to
the University.  This card functions in the same way as any other
personal credit card. The employee is personally responsible for timely
paying all charges on each monthly statement.  If payments are not made
in the appropriate time frame or if the card is cancelled due to lack of
payment, these records may be reflected on the employee's personal
credit score.  Statements will go directly to the employee each month
and the balance is due and payable in full upon receipt. Late fees or
reinstatement fees are the responsibility of the employee and cannot be
reimbursed by the University. 

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