Benefits
Which Business Credit Card currently offers a total amount of 10,000 bonus points with the first purchase; for $100 cash back?
What is the Signature Real Rewards card
What is the Balance Transfer rate?
What is 3% (or $5, whichever is greater).
True or False: Card holders for Business cards cannot add any authorized users, employee or otherwise.
What is False.
On the application, card holders have the option to add up to 4 authorized users.
What is the difference between the Visa Business card and the Visa Platinum card?
What is nothing. They are the same card!
How many of the Business Credit Cards offer an online expense management tool?
What is 3.
(Signature Real Rewards, Business Cash Card, and Business Real Rewards).
True or False: The Business Real Rewards card (Business Rewards Plus) has a set APR.
What is False.
The Business Rewards Plus card has a variable interested rate with no set rate term.
Is there a different application for each different Business Credit Card?
What is no.
There is one application for all 4 different cards; the application has a section at the very top to select which card the applicant is applying for.
True or False: Balance Transfers are not available on business cards
What is false.
True or False: There is a 100,000 point (or $1000) limit on points or cash back from cards.
What is False.
There is no limit on points or cash back accumulated.
What is the lowest interest rate offered amongst the business credit cards?
What is 12.24%;
the highest a rate will go is 17.99%
True or False: Only the business owner can apply for the credit card.
What is True.
Note: Any person that owns 25% or more of the business is considered a business owner.
How many points are earned per dollar spent on the two Real Rewards cards?
What is 1.5 points per $1 spent!
How much does it cost to get additional cards for employees?
What is, nothing!
It is card holder benefit to get free employee cards with individual credit limits!
Which Business Credit Card does have an annual fee? (After the first 12 months)
What is the Business Real Rewards Card.
There is an introductory period of 12 months of no annual fee; then after that it is $99/year.
The application asks about Expected Monthly Cash Transactions; does this include cash advances?
What is yes.
Cash transactions include cash advances or any cash equivalent transactions
If several employees have additional cards do those cards also receive points or cash back?
What is yes.
On the Signature Real Rewards, Business Cash Card, and Business Rewards Plus card points and cash back accumulate to business owners total!
The Business Cash Card offers 1-3% on various items. What is an example of something that gets members 2% cash back?
What is restaurants and gas.
(This card offers 3% cash back on office supply stores, cell phones, landlines, TV services, and internet services; and 1% on other transactions).
What is the penalty late fee and interest rate?
What is $19-$39 with an interest rate of 17.99%.
If the card holder has a card with an introductory interest rate that intro period is automatically ended if there is a late payment, the account exceeds credit limit, or if a payment is returned.
The penalty APR applies until 6 consecutive minimum payments have been made on time and without the card exceeding the credit limit
Who can apply for any of these cards?
Who is business owners.
Anyone who owns 25% or more of the business is eligible to apply for this credit card. However, information of ALL individual's who own 25% or more of the business is required on the application.
How long do members have to redeem points earned on the Signature Real Rewards card?
What is 5 years.