#Divvy credit card reviews how to
How to apply for the Divvy Business Credit Card Overall, the combination of expense management tools, rewards and lack of fees make the Divvy Business Credit Card an attractive business card option for smaller businesses or businesses looking for some extra help in the finance management department - provided your business is willing to work with a charge card. You’ll need to pay weekly and redeem only on travel for your best value play. This means you’re somewhat constrained if you’re trying to get the max value out of this card. What is made clear on the website is the point values: your points are worth about 1 cent a piece when redeemed on travel, but much less on other redemption options to the tune of about 0.05 cents each. If you need to carry a balance, this isn’t the card for you. Once your repayment plan, you’re locked in and must make those payments in full.
One thing that isn’t especially clear on the website is this card works more like a charge card than a credit card. You can redeem these points on a variety of options, such as travel, gift cards or cash back. But if you pay your card off weekly, those values will jump to 7x, 5x, 2x and 1.5x points. For example, make your payments monthly and you’ll earn 2x points on restaurants and hotels, 1.5x on software subscriptions and 1x on everything else. The more frequently you pay off your credit card, the more you’ll earn in select categories. One of the most interesting features of the Divvy Business Credit Card is the reward structure. The card also has several budgeting and accounting features for your business, including the ability to budget out your credit line to the rest of your employees. It requires no annual fee and has an interesting feature that can let you earn up to 7x points on eligible purchases depending on the category and how often you pay off your credit card. The Divvy Business Credit Card is the credit card of Divvy, a credit and software combo designed to help businesses manage their expenses and budgets while accessing credit.
0 kommentar(er)
