Unfortunately, your rewards won’t be nearly as flexible, either. By contrast, business cards like the Ink Business Preferred® Credit Card let you earn points that are worth up to 2 cents each and potentially more. This means each point you earn with Divvy is worth. $1,000 in travel booked directly with Divvy.In fact, the card issuer says 100,000 points earned with the Divvy Corporate Card are worth: While earning up to 7X points on restaurant purchases sounds great, you should know that Divvy rewards aren’t as valuable as points you’ll earn with other cards. Rewards are limited and comparatively mediocre This card also comes without many of the travel perks and purchase protections top business credit cards include for cardholders. Since the Divvy Corporate Card isn’t offered by a major card issuer like Chase or American Express, the rewards you earn won’t be as flexible or valuable. If funds are approved, they are immediately available to spend on their employee card. The Divvy Corporate Card also lets employees request funds from the primary cardholder. This can help you find out if any of your workers are charging questionable expenses to their Divvy card right away. In the meantime, you can also use one platform to see where every penny your business spends has been going, and which card each transaction is tied to. Budgets in Divvy let you set individual spending limits for each employee card, so you can set different budgets for workers based on their regular expenses and responsibilities. The Divvy Corporate Card also makes it easy to track employee spending and set limits on their budgets so they don’t go over their allotted amount. You won’t pay a fee for employee cards or foreign transaction fees, either. There is no annual fee and there are no monthly fees or application fees. The Divvy Corporate Card is surprisingly low on fees. This earning structure obviously favors businesses that can pay their bill early each month, but it’s easy to see the huge advantage you can gain if you happen to fall into that category. 2X points on recurring software subscriptions.If you pay your bill on a weekly basis, you can earn: Here’s where things get really interesting. 1.75X points on recurring software subscriptions.If you pay your bill semi-monthly, on the other hand, you’ll receive: 1.5X points on recurring software subscriptions.If you pay your bill monthly, you’ll receive: Here’s how this card’s rewards program works: The BILL Divvy Corporate Card offers an interesting rewards program and they even encourage gamification by doling out more points based on when you pay your bill. Earn up to 7 points per dollar in bonus categories With no annual fees, no monthly fees, no hidden fees and lucrative rewards that increase when you pay your bill more than once per month, what’s not to love? There are several reasons to consider the BILL Divvy Corporate Card, including its dynamic features for small businesses who need to track and monitor their employee purchases. Why you might want the BILL Divvy Corporate Card But if you’re hoping to carry a balance month-to-month, you may want to consider other card options that don’t require the full balance paid each month. If you’re looking for a new business credit card that lets you earn up to 7 points per dollar on some types of purchases, then the BILL Divvy Corporate Card may be right for you. However, it’s worth noting that this business card is a charge card, so you have to pay your balance in full each month. Better yet, this card lets the primary user set credit limits and budgets for individual employees who don’t need unlimited access to corporate funds.Īvailable for small and medium-sized businesses and people with very good or excellent credit, the BILL Divvy Corporate Card also comes with very few fees. One unique aspect of the card that may appeal to credit users is the fact it gives you more points when you pay your bill off more often than the usual once per month, in turn rewarding responsible and proactive credit usage.Ĭardholders can also use this card to make spending more convenient and trackable for their small business, and they can set employees up with authorized user cards that help them earn rewards on more purchases. The BILL Divvy Corporate Card is unique in more ways than one, making it an interesting card in the business card landscape.
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