THE PERFECT CARD FOR
MINOR BUSINESS EXPENSES

WHO IS IT DESIGNED FOR?
Give appropriate, trusted employees a reloadable VISA TRUST U Universal Expense Card to cover minor expenses like parking fees, taxi’s, coffees, fuel, supplies, equipment, functions, business meetings, expenditure related to specific projects etc. Perfect as a replacement of petty cash. It is intended for employees who do not meet the company’s criteria to receive a corporate card: it does not replace but supplements your current commercial/corporate business expense card program.

WHY IS IT UNIQUE?
No need for paperwork to substantiate minor expenses. Automatic tax deductibility. No FBT implications.

BENEFITS FOR COMPANIES

NO PAPERWORK
And no need to substantiate trifling expenses with receipts and complicated forms, reconciliations and employee reimbursements significant reduction in costs and time employees and accounting staff will be more productive and spend time on growing your business.

REDUCE EMPLOYEE EXPENSE BUDGET
20% – 35%You load each card each month with the agreed/budgeted dollars. You set the “budget”. Employees cannot overspend their ‘budget.’

FORGET THE DIFFICULTIES OF MANAGING PETTY CASH
You can reduce or eliminate petty cash. Businesses have reduced cash advances to 5% of what they were.


BENEFITS FOR EMPLOYEES

NOT USING THEIR MONEY
For business expenses

SAVE TIME
No need for time consuming expense reports, reconciliations and employee reimbursements

EASY TO CHECK BALANCE
They will appreciate the autonomy – TRUST U

For all successful employers whose workers do not meet the required criteria for a corporate card, a universal expense card is the perfect solution to this problem. As the Australian Taxation Office (ATO) does not require any paperwork, and there are neither time-consuming expense reports nor staff reimbursements, universal expense cards save both your time and money.  Read more...