Business DDA
The monthly fee on the Clearly Better Business Checking account
$0
The percent cash back earned while using our Business Credit Card (after promotional period)
1%
The turnaround time from submission to underwriting decision for a VantageLink Line/Loan application
24-72 Hours
1/next day funding
The annual sales "swim lane" for retail colleagues
$0 - $500,000 in gross sales
The electronic transaction limit on the Clearly Better Checking account
Unlimited
The introductory interest rate for 6 months after origination
The number of bank statements required with a VantageLink application
3 months bank statements
The amount of revenue earned for selling a merchant + a paychex deal =
Minimum balance to avoid the service fee on our Business Savings account
$500
The check transaction limit on the Clearly Better Business Checking account
200
Current promotional dollar for accepting our business credit card
$150
The Citizens Bank origination fee for a VantageLink Line/Loan
$450
The four major credit card providers that Worlpay will process for
The Cash Management Service that allows business owners to deposit unlimited amounts of checks from their place of business
EZ Deposit
The minimum deposit balance to avoid the monthly service charge for the Business Advisor account
Average daily account balance of $10,000 or combined account balances of $35,000
The two methods of originating a Business Credit Card for a business customer
Touchpoint Preapproval & VantageLink application
The annual fee on a Citizens Bank Line of Credit
The % discount a Citizens Bank customer receives on Paycheck Payroll processing fees
10%
The Cash Management service that protects business owners from Check Fraud
Positive Pay
The check transaction limit for the Business Advisor Checking account
500
50,000 bonus points when you spend $____ in the first 90 days
$5,000
The 6 questions to take an application from an existing business customer
Gross Sales, Net Income, Household Income, Confirm Email, Own or Rent, Retirement Savings Amount
The three pay options Paycheck offers for processing payroll for employees
1. Paper Checks
2. Direct Deposit
3. Paycards
The amount of revenue is lost if a colleague sends their VantageLink application to their RM1 instead of self processing
$600