All gift card purchases must have a legitimate university business purpose and comply with Iowa State University policies regarding cash, gift certificates, and other property.
Gift cards are for participant payments, awards, prizes, and employee milestone recognition and cannot be used to pay suppliers for goods or services, to pay any type of wages or compensation, or be used for personal purchases. Gift cards cannot be used as a cash advance for travel expenses.
Gift cards are the same as cash and must be handled accordingly, ensuring adequate controls are in place to safeguard, store, and prevent loss. Until disbursed, gift cards should be secured and locked or stored in a location appropriate for money storage.
Procurement Services recommends that gift cards be tracked by card number to ensure proper documentation of gift cards. To assist in gift card tracking, you can use the Gift Card Inventory Log as an optional way to track gift cards by their numbers and when they are given out. We will automatically provide this log for gift card orders of 10 or more cards when ordered through our gift card program.
If gift cards are lost before they can be given to the intended recipients, a Certificate of Missing Gift Cards must be completed and attached to the original documentation for the gift card purchase (e.g., journal entry, procurement card verification, or expense report). This form should be completed for any physical gift card that does NOT have a signed Research Participant Receipt and Property Receipt Form completed by the recipient of the gift card.
If you have questions about purchasing a gift card, please select a gift card option from the list below, and click the How To Buy link.