Divvy business credit card12/2/2023 Who Should Use the BILL Divvy Corporate Card for Business? The main way this corporate card stands out is with its many expense and budgeting tools that can give your company better insight into where you’re spending your money, help you set controls so employees don’t overspend, and allow you to manage business travel from one central hub. It’s difficult to compare the BILL Divvy Corporate Card to business credit cards in terms of interest rates, though it does say it doesn’t charge any fees. (Learn how to establish business credit so you qualify for the best rates!) How Does the BILL Divvy Corporate Card Compare? Nor does the site mention the credit score or other qualifications you need for approval. The major drawback is that BILL Spend & Expense’s site doesn’t list interest rate fees, so you may not know what you’d pay until you get approved. You can easily view expense reports and transactions as well as set budgets for expenses. You can connect BILL Spend & Expense to your accounting software and streamline managing your finances. One of the biggest benefits of working with this financing company is its many budgeting and spending tools. Also, if you have bad credit, you may still qualify for financing through the company. While there have been a few complaints about the sluggishness of the app, customer service has been quick to respond and take action on issues reviewers mentioned.Īnother perk is the fact that you can order a BILL Divvy Corporate Card for yourself and other employees, or you can get virtual cards to use online.īILL Spend & Expense can help you build business credit, since it reports your activity to the Small Business Financial Exchange (SBFE®). ProsīILL Spend & Expense reviews are overwhelmingly positive, with customers commenting on how easy it is to manage business expenses.Īnd the app has good reviews as well. If you’re considering the BILL Divvy Corporate Card or other features, here’s what you should consider first. Pros and Cons of the BILL Divvy Corporate Card There’s a feature for business travelers and includes all the tools you need to book and manage travel and travel expenses.Īdditionally, it has a Bill Pay feature that simplifies paying your company’s invoices digitally. You can also reimburse employees for out-of-pocket expenses they’ve covered. Its expense management tools let you instantly review and categorize business expenses and set enforceable budgets on different categories. In addition to the BILL Divvy Corporate Card, you get some other unique features. You’ll have the opportunity to make monthly payments or pay off your balance in full. Your company can use your line of credit for any business-related expenses, from rent to office supplies. You can have physical cards for employees or virtual ones, and there’s a mobile app you can use to view and manage expenses. With those funds, you can set up budgets for spending so that employees never go over what you’re willing to spend on a given expense category. How Does the BILL Divvy Corporate Card Work?īILL Spend & Expense offers a credit line to businesses, as well as a BILL Divvy Corporate Card for any employee who needs access to the funds. The company provides funds for small businesses as well as tools to manage spending and budgets. This card requires you to pay off your balance in full each month.īILL Spend & Expense is a spend and expense management platform for businesses with the added benefit of a business credit card. With BILL Spend & Expense, you’ll eliminate expense reports, build your business credit, and never go over budget again.īottom Line A great option for businesses trying to manage expenses both easily and cheaply.BILL Divvy Corporate Card is truly no cost stop spending extra for annual fees, expense management software, and vendor overages.On BILL's Spend & Expense mobile app or desktop platform, you’ll see every transaction as it happens, bringing all your spend into one place.BILL Spend & Expense gives admins complete control over employee spending with enforceable budgets (that can be adjusted in seconds).The BILL Divvy Corporate Card offers up to 7x rewards points, plus physical and virtual cards for every employee-with no fees and no contracts.BILL Spend & Expense streamlines spend management by combining corporate cards with free expense management software.Up to 7% points, based on payment settings. All charges made on this charge card are due and payable when you receive your periodic statement
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