Business Credit Cards Flashcards
What are some reasons clients want a business credit card?
- help rests list credit or rebuild credit for their business
- Employee Misuse Protection: guarantor protection against unauthorized employee transactions
- -if Employee is terminated because of this, EMP can reimburse funds
- Each person has their own unique account number so that way purchases can be easily tracked. If card is stolen/lost - that card is only one affected
- set individual credit lines for each employee
- small business cards are QuickBooks compatible
- small business card reports to small business financial exchange, building credit for business
Business Advantage unlimited cash rewards
Ideal Client
Clients who want to establish credit or rebuild credit for their business
Ideal for clients who want simple, uncomplicated and straight forward cash back
—- applies to secured and unsecured card)
Business Advantage Unlimited cash rewards
Offer
Earn 1.5% on all net purchases
NO ANNUAL FEE and cash rewards don’t expire
Preferred Rewards for Business card bonus eligible
Business Advantage Unlimited cash rewards
Redeem Cash Back
As a statement credit in their business Advantage Unlimited cash rewards account
Deposit into eligible BofA checking or savings account
Credit to eligible account with Merrill
Or check mailed to them
Business Advantage Customized Cash Rewards
Ideal Client
Clients interested in managing their cash flow with the flexibility of a cash back program easy to understand or redeem
Business Advantage customized cash rewards
Offer
- 3% on one of six categories
- – gas, office supply stores, travel, TV/telecom wireless, computer services or business consulting services
- 2% back on all dining
- 1% on all other net purchases
- 3% and 2% on first $50,000 in combined choice category/dining net purchases each calendar year, 1% thereafter
- change choice category once per month - use mobile banking
- NO ANNUAL FEE and cash rewards do not expire
- preferred rewards for business card bonus eligible
Business Advantage customized cash rewards
Redeem cash back
As a statement credit in business Advantage customized cash rewards account
Deposit into electable BofA checking or savings account
Credit to eligible account with Merrill
Check mailed to them
Business Advantage Travel Reward World MasterCard
Ideal for clients
Ideal for clients interested in managing their cash flow and interested in travel related rewards and benefits with flexible redemption options
Business Advantage travel rewards world MasterCard
Offers
- 1.5 points on all purchases
- 3 points on purchases made at BofA travel center
- no annual caps
- No Annual fee and points do not expire
- no international transaction fees
- travel related benefits
- — trip cancellations/trip interruption coverage
- — lost luggage reimbursement
- Preferred Rewards eligible
- Points can be transferred between other BofA card points reward programs
Business Advantage travel rewards world MasterCard
Redeem cash back
- Redeem points as a statement credit for any travel related purchases in the past 12 months
- redeem points for air, hotel or car rental purchases made at bank of americas travel center
- gift cards at top national retailers and restaurants
- cash back as a checking or deposit into an eligible BofA checking or savings account
Platinum Plus MasterCard
Ideal Client
Ideal for clients looking for a lower interest rate, managing cash flow and less concerned about earning rewards
Platinum Plus MasterCard
Offer
- No ANNUAL fee
- low introductory APR on purchases
- ongoing competitive APR
- ability to manage all business expenses in one place
- Unlimited employee cards at no additional cost
- 24/7 access to online banking
- Travel Services your business needs including $100,000 in travel accident insurance and auto rental insurance, emergency ticket replacement, lost-luggage assistance
- extended purchase protection
- $0 liability protection
Platinum Plus MasterCard
Redeem Cash Back
None
Alaska Airlines Visa Business Card
Ideal Client
Clients who travel and are interested in earning miles toward Alaska airlines flights and other perks such as hotels and free checked baggage for you and a guest
Alaska Airlines Visa Business Card
Offer
- earn unlimited 3 miles on every $1 spent on electively Alaska Airlines purchases and unlimited 1 mile for every $1 spent on all other purchases
- account anniversary - companion fare $121
- valid all AA flights booked on Alaska air.com with no black out dates
- save with a free checked bag for your client and up to six guests on the same reservation with Alaska
- 50% off day pass at Alaska a lounge
- 20% back on all Alaska air inflight purchases when paying with card
- discounted redemption levels when redeeming miles for hotel stays at Alaska airline hotels
- no international fees
- annual fee $50/ for the company - $25/card
