Can cardholders obtain cash advances using their US Bank purchase card?

Cardholders are prohibited from obtaining cash advances using their US Bank purchase card. This policy is in place to ensure that the primary purpose of the purchase card is maintained, which is to facilitate the purchase of goods and services rather than providing liquidity or cash for other expenses. Allowing cash advances could lead to misuse of the card for non-business-related transactions, and it can complicate the management of expenditures, monitoring, and accountability.

The prohibition against cash advances helps organizations maintain better control over their budget and spending practices, ensuring that cards are used strictly for approved purchases. Understanding these guidelines is essential for cardholders to ensure compliance with the policies governing the use of their purchase cards.