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Procurement Card

The Procurement Card is a VISA card, issued by US Bank and used by University of Colorado staff, faculty, students, and affiliates to purchase small-dollar items (up to $5,000) for University use. The authorized cardholder is able to purchase directly on behalf of CU, thereby allowing tax-exempt use. Transactions are paid directly by the University to the bank.

Use of the Procurement Card is governed by the Procurement Card Handbook. Where Procurement Card use is allowed, the card is the preferred method of purchase since it is a quick, easy, cost-effective way in which to procure goods and services for the University. It is a particularly useful method of procurement for online ordering.


US Bank feeds Procurement Card transactions into the University's Expense System. The cardholder (or his or her delegate) provides required information (business purpose, etc.) for each transaction and attaches documentation. The cardholder then submits a monthly expense report for review by the Approving Official.


Procurement Card cardholders and Approving Officials must complete required training to ensure that they understand how to use and safeguard the card.


Need help?

Learn how to process Procurement Card expense reports:

Contact the Finance and Procurement Help Desk