Truist Corporate Card (Charge Card)

The Truist Corporate Card (Charge Card) is a business-focused payment solution designed to streamline company spending, strengthen expense management and deliver greater control over corporate purchasing. Built for middle-market companies, large enterprises and organizations with distributed teams, this charge card combines consolidated billing, detailed transaction reporting and robust controls to help finance teams reduce friction, improve visibility and enforce policy compliance across travel, procurement and everyday expenses.

Key Features

• Centralized Billed Account: One master account with individual employee cards that post to a single statement for simplified reconciliation and cash management.
• Charge Card Structure: Designed to be paid in full each billing cycle, eliminating revolving balances and encouraging disciplined spending.
• Granular Controls: Set spend limits by user, merchant category or transaction type; restrict cash withdrawals; and enforce merchant-level or country-specific rules.
• Detailed Transaction Data: Receive enhanced line-level data, including merchant name, MCC, amount, date, and custom corporate fields to streamline accounting and AP workflows.
• Virtual Cards: Issue single-use or multi-use virtual card numbers for secure online purchases, supplier payments and short-term vendor relationships.
• Integration Capabilities: Connect with major ERP, accounting and expense management systems for automated posting, coding and reconciliation.
• Real-Time Controls and Alerts: Get immediate notifications on suspicious activity, declined transactions and threshold breaches to mitigate fraud exposure.
• Employee Management Tools: Easily add, suspend or close employee cards, and assign departmental or project-level identifiers for accurate cost allocation.

Benefits for Finance and Operations

• Improved Cash Flow Predictability: Consolidated billing and predictable payment timing help treasury teams manage working capital more effectively.
• Lower Administrative Overhead: Automated expense feeds, rich reporting and integration reduce manual data entry and accelerate month-end close.
• Stronger Policy Compliance: Pre-set controls, MCC restrictions and approval workflows enforce corporate spending rules before charges occur.
• Reduced Fraud Risk: Virtual cards, tokenization and real-time monitoring limit exposure to compromised card data and unauthorized charges.
• Enhanced Supplier Management: Virtual cards and consolidated payments simplify vendor onboarding and improve payment traceability.

Use Cases

• Travel and Entertainment: Issue cards to road warriors with specific travel limits and real-time expense reporting.
• Procurement and Supplier Payments: Use virtual cards for one-off vendor purchases and recurring supplier invoices to streamline AP.
• Project-Based Spending: Allocate cards to projects or departments to capture costs accurately and control budget adherence.
• Temporary or Contingent Workforce: Provide controlled purchasing power to contractors and consultants with strict spend ceilings.

Security and Compliance

Security is a core focus of the Truist Corporate Card. Cards are issued with EMV chip technology and support digital wallet provisioning for secure mobile payments. Tokenization and encryption protect card data, while configurable authorization and velocity rules reduce fraud attempts. The product supports audit-ready reporting and can be configured to help organizations meet industry-specific compliance needs and internal governance standards.

Administration and Reporting

Administrators can manage users, set spending profiles and create custom approval workflows through an intuitive online portal. Reporting tools include pre-built and customizable dashboards, exportable transaction-level reports, GL mapping and automated feeds to accounting systems. These capabilities make it easier to reconcile charges, allocate expenses to cost centers and produce timely financial insights.

Rewards and Value-Added Services

Depending on program selection, Truist Corporate Card programs may include rebate or rewards structures tailored to corporate spend patterns, offering value back on eligible categories. Additional services can include concierge support for travel bookings, insurance coverages tied to card use, and dedicated account servicing to help optimize the program for specific business goals.

Implementation and Support

The implementation process typically includes onboarding, data migration, card issuance and integration setup with existing financial systems. Training resources and administrator guides help accelerate adoption across the organization. Ongoing support is available for account management, dispute resolution and technical integration assistance to ensure smooth operation and continuous improvement.

Eligibility and Program Design

Truist works with businesses to design corporate card programs that match organizational requirements, including customizable billing cycles, reconciliation preferences and authorization workflows. Eligibility criteria and terms are determined during the application process and consider factors such as company size, credit profile and program complexity.

Why Choose the Truist Corporate Card

The Truist Corporate Card offers a comprehensive blend of control, visibility and flexibility. By centralizing expense management and offering advanced payment tools, it empowers finance teams to reduce costs, improve compliance and gain actionable insights into corporate spending. Whether the goal is to modernize AP, control travel spend or support project-based budgeting, the program can be tailored to support a range of corporate objectives.

Truist Corporate Card (Charge Card) is a strategic payment instrument for businesses seeking a disciplined, secure and integrated approach to corporate spending.

Address Bank: Truist Center, Charlotte, North Carolina, U.S.
Bank: Truist Financial
Headquarters: Charlotte
Products: Cards
Type: Corporate Card (Charge Card)