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Agreement for Declining Balance Visa Card for Students

This document serves as an agreement for students receiving a College-issued Declining Balance Visa card. Students acknowledge receipt of the card and understand their responsibilities, which include obtaining original receipts for purchases, attaching these receipts to the Visa statement issued via email, and obtaining their manager’s signature. It is crucial to submit the completed statement and card to the Business Office within 15 business days to avoid charges to the student account. Failure to comply may result in the total card amount being charged.

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Agreement for Declining Balance Visa Card for Students

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  1. Declining Balance Visa Card Student Agreement I, _____________________________________ acknowledge receipt of a College issued Declining Balance Visa card in the amount of $___________ issued on ______________. (M/D/Y) I understand that I am responsible for obtaining original receipts for all purchases placed using my Declining Balance Visa card. I agree to retain and attach original receipts to the Visa statement that I will be issued by a Works Administrator via my Saint Mary’s email account. I will obtain my Manager’s signature (who signed my Request form) on the statement and submit to the Business Office within fifteen (15) business days of statement issuance, along with my Visa card. Student Account Authorization Should I fail to submit my Visa statement with all receipts and my Manager’s signature by the required due date, I understand my student account will be charged for the full Declining Balance Visa card amount stated above as well as any potential increases which should be required for stated business purpose on my Declining Balance Request form. ___________________________________________________________________________ Student Signature Date

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