At Pitney Bowes, we strive to offer financial solutions that simplify managing your postage and mailing expenses, including our Line of Credit (Purchase Power).
As with all financial products, we complete routine reviews of customer Line of Credit accounts. Based on that review, we may reduce a customer’s credit limit to better align with their historical account usage or close the account
altogether if there has been no activity in the previous 12-18 months. Credit line reduction or closure due to inactivity are not a reflection of a customer’s credit standing, and periodic adjustments are made to better match Pitney Bowes Bank offerings with client usage.
During routine reviews of customer Line of Credit accounts, we may be informed of a change in the customer’s credit risk rating and may decide to close the account.
We will provide notification of any adjustments to your Purchase Power account in writing, including new Terms & Conditions, to the email on file in Your Account. If no email is available, we will send a letter to the address on file.
Purchase Power is a business Line of Credit offered by Pitney Bowes Bank. Just like all other banking and financial credit products, customers use our Line of Credit to preserve cash flow and extend payment and DPO cycles by providing one, consolidated, flexible, pay-later resources for all their postage, mailing, and shipping expenses. Learn more about our Line of Credit (Purchase Power).
As with all financial products, we complete routine reviews of customer accounts on a periodic basis. Based on a review of the last 12-18 months use of Purchase Power accounts, we may reduce a customer’s credit limit to better match their actual usage. If a Purchase Power account has not been used in the last 12-18 months, we may close the account due to inactivity. During routine reviews of customer Line of Credit accounts, we may be informed of a change in the customer’s credit risk rating and may decide to close the account.
Your credit limit is displayed in Your Account and your monthly statements.
If you intend to increase your use of the Line of Credit greater than your use over the last 12 months, you may need to request an increase for your credit limit. Learn how to apply for an increase.
To reopen your account, you must request a Credit Review. You can request a Credit Review by completing the Increase Credit Limit Form. Learn how to apply for an increase.
USPS Trust Account – deposit funds into the USPS Trust Account to purchase postage as you need it
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, or age (providing the applicant has the capacity to enter into a binding contract), or because all or part of the applicant’s income derives from any public assistance program, or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is: FDIC Consumer Response Center, 1100 Walnut St., Box #11, Kansas City, Missouri 64106.
Eligibility subject to credit approval and customer verification. This is not a commitment to lend, and this does not create, and is not intended to create a legally binding obligation on either of us. Program, rates, Terms & Conditions are subject to change.
Banking products and services are provided by The Pitney Bowes Bank, Inc., Member FDIC. Pitney Bowes, Pitney Bowes Bank, and the Corporate logo are trademarks of Pitney Bowes Inc. or a subsidiary. All other trademarks are the property of their respective owners. Pitney Bowes Bank is state chartered and located in Salt Lake City, Utah.
UPDATED: June 12, 2024
