American Express Corporate Card
The University of Waterloo utilizes the American Express Corporate Card which is available to all full-time University faculty and staff who travel or incur expenses while on University business.
Full-time University employees are eligible to apply for the corporate card and the application must be approved by a Dean, Director, Chair or Department Head and then forwarded to the Finance Office where the card is administered. The cardholder is responsible for all charges on the card and must pay the account when due. The cardholder is also responsible for paying the Rewards Program fee annually if they wish to participate in this program. The University is not responsible for late charges to the account and will not reimburse such charges to the cardholder. The University accepts no liability for unpaid accounts.
American Express Corporate Card Benefits
- Car Rental theft and damage insurance
Automatic coverage for damage or theft on rental cars up to the full value of the rental car
provided rental is charged to corporate card and decline the loss damage waiver (LDW).
- Travel Accident insurance
$300,000 automatic coverage of accidental death and dismemberment insurance when
a common carrier (plane, train, bus or ship) ticket is charged to the corporate card.
- Flight and baggage delay insurance
When you charge your airline tickets to the corporate card, you can receive up to $500 coverage
for all necessary and reasonable hotel, motel or restaurant expenses when you are delayed
or denied boarding for more than four hours. You can also receive up to $500 for all immediate
daily necessary and reasonable emergency purchases, up to four days in all, for essential
clothing and sundry items when your baggage on your outbound trip is delayed more than six
hours.
- Hotel/motel burglary insurance
Provides coverage of up to $500 for the replacement of your personal items (excluding cash) if
your hotel/motel room is burglarized providing the reservation was booked with the corporate card.