Stored Value Card Program
Program Purpose
The Stored Value Card is a type of bankcard with a specific dollar value programmed into it that can be used for research subject reimbursements and payments, and some other special purposes (on an exception basis.) It is intended for single-purpose, small-dollar payments and should not be used for general purchasing or reimbursements. Please contact us at storedvaluecard@northwestern.edu with any questions or to submit an order.
Payments for services and supplies are not allowed and should be made via Accounts Payable Services.
The benefits of a stored value card include:
- No plastic card fee
- Can be used at an ATM
- Safer than using petty cash
- Replaceable (if lost or stolen)