CFG launches accessCARD

PROVIDENCE – Citizens Financial Group has launched the accessCARD Command, an expense-management solution available for no extra charge to all Citizens Bank and Charter One commercial card customers with annual revenues of less than $25 million.

The accessCARD Command allows business owners to set spending controls on the cards issued to employees and receive real-time account information, including purchases attempted by employees.

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CFG, the parent of Citizens Bank, said it is the first bank in the United States to provide access to this features to small-business cardholders.

“We know from our customers that there is a strong and growing demand for technologies that can help them conduct their banking business more easily and more efficiently,” said D. Stephen Wooters, chief of Commercial Cards, Citizens Financial Group. “AccessCARD Command answers our customers’ requirements for high security, improved control and greater cost efficiency for their commercial card accounts.”

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With accessCARD Command, Citizens’ business cardholders are able to:

  • Set up and manage exactly where, when, how and for what types of purchases employees’ cards may be used.
  • Set up spend limits and budgets for particular types of spending.
  • Establish how and when they receive alerts to safeguard against overspending and keep them immediately informed about attempted card activity.
  • Create limited use, virtual card numbers so that spending controls can be set for individual transactions or recurring use, providing enhanced levels of security and convenience as the business owners real account number is never revealed to the employee or merchant.
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