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Meet U.S. Bank Expense Wizard®

Infrequent travelers, such as job candidates and contractors, often must pay for their own expenses, keep track of numerous receipts, complete cumbersome expense reports and wait for reimbursement. Expense Wizard makes travel expense management easier with a mobile wallet, intuitive virtual assistant and automatic expense reporting.

How it works

Expense Wizard easily integrates with your accounting platform to make cost-compliant travel simple for everyone.

Step 1:

Create a traveler profile and set the spending limit within company policy.

Step 2:

Push the virtual account to the traveler's mobile wallet through the Expense Wizard app.

Step 3:

Pay for travel expenses with Expense Wizard.

Step 4:

Review and approve the automatically generated expense report after the trip.

Your business travel digital assistant

See how our mobile app and virtual assistant make it easy to arrange travel within company policies, pay with a virtual card in a mobile wallet, and capture and file receipts for expense reports.

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Features and benefits

No corporate card needed

Perfect for infrequent travelers, including interviewees and contractors, Expense Wizard eliminates the need to use personal credit cards on business trips and wait for reimbursement.

Increased visibility

Expense Wizard gives increased visibility and control while reducing opportunities for fraud and abuse. Set dollar limits on virtual accounts and see how much is being spent on a trip in real time.

Instant reporting

Eliminate surprises for the accounting team by getting automatic expense reporting that adheres to corporate spend policies.

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Frequently asked questions

Moving corporate spend from personal cards to corporate cards that are fully integrated with a robust expense management platform makes non-compliant spending much more difficult. Expense Wizard allows companies to set spending limits, block merchant category codes (MCCs) and customize expiration dates specific to a business trip, minimizing risk. Innovative fraud controls and monitoring systems allow U.S. Bank to help protect customers by detecting attempted fraud and reducing exposure.

A virtual card is a corporate card that is not printed on plastic. It is sent to the user’s mobile wallet to be used at merchants that accept mobile payments. Virtual cards can also be used when making online purchases where the 16-digit card number and CVV can be entered.

While mobile payment acceptance is growing rapidly, it is not yet universally accepted. Travelers can use out-of-pocket cash or a debit or credit card when a merchant does not accept mobile wallet. Out-of-pocket expenses are easy to capture using the Expense Wizard chatbot technology. The traveler will be reimbursed at the end of the trip for these expenses.

Yes. Expense Wizard builds the expense report in real time while the traveler is on the go. When the trip is complete, Expense Wizard submits the report automatically.

If you qualify for a U.S. Bank Corporate Card or One Card, Expense Wizard could be available to you.

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CC-002 CPS card licensors
CC-003 CPS foreign-denominated transactions
CC-004 CPS product classification