Business Credit Cards

The statistics are impressive:

• Small businesses represent a $4 trillion spending opportunity for business card issuers.
• Business credit card volume has grown 20% annually since 2000.
• More than 25% of small business owners are already members of a credit union.

Members with small business or home office businesses represent a tremendous opportunity for credit unions. This segment of your membership has a greater need for financial services—and is very loyal to institutions that help them meet their personal and corporate goals. Our Business Credit Cards are a perfect fit for these companies with fewer than 500 employees. The cards, which can contain the business’ name, allow for revolving balances and central billing/payment options. Business Credit Cards are an excellent way to simultaneously build member loyalty and interchange income.

Member Benefits

• Adds convenience by separating business and personal expenses
• Allows better tracking of small business expenses
• Saves time at point of purchase; offers more locations than business checks
• Additional cards can be requested for authorized employees

To strengthen your relationship with business depositors, we can facilitate turnkey merchant servicing for member business owners to accept credit and debit cards. Our package includes check verification and guarantee, 24 x 7 member support, terminal rentals, leases and sales, chargeback and retrieval processing. All supported by extensive training and online reporting for management information.