PRE
How do you know a client is eligible for PRE?
Relationship indicator on SSA/60 sec review/Interact
Where could we a have life plan conversation?
Teller line/lobby/Client meeting
What are the names of our Small Business Checking accounts?
Business Advantage Fundamentals, Business Advantage Relationship
What are the 3 Primary Small Business Credit Cards?
Customized Cash Rewards, Unlimited Cash Rewards, Travel Rewards
How do you enroll a client to PRE?
By obtaining consent through OK tool/DAS
What part of the BRC phase do we engage in Life plan conversation?
Discover
What are the MMFs for each of the small business checking account?
$16, $29.95
What are the requirements for a Small Business to apply for a credit card?
None
What PRE tier do EBI companies receive?
Gold tier
How can you determine if clients have an active life plan? & what is the preferred method to activate LP?
CMC/Digital engagement
Through clients device
How do you avoid MMF on small business checking accounts?
$500 purchase on business debit card, average monthly balance of $5000 or more, Preferred Rewards, $15000 average monthly balance
Who is responsible for paying a small business credit card?
The business and/or the grantor
Who should we route PRE clients to?
1)FSA
2)SBK/RB
What does the follow up process for mobile activation entail?
Client follow up: Next business day
Daily sales detail review: IBCEMN vs IBCAMN
How much cash can be deposited into each account before being charged deposit fees?
$5000, $20000
What lending options are available to small business clients to support their business cash flow need?
1) Business advantage credit line
2) Business advantage term loan
What is one thing that is different between Small Business Preferred Rewards verses Consumer Preferred Rewards? (50 points for each extra one given)
Only 3 tiers, fee discount on merchant services, Practice solutions lending interest rate discount, Business loan interest rate discounts, Payment and invoice discounts
What sections on CMC should we engage with clients when having life plan conversations?
Life plan objective/Engagement questions
How much is the fee for each $100 deposited over the cash deposit limits?
.30
What are the requirements for small business lending?
Established at least 2 years ago & $100000 in revenue