Credit Card

PEX Visa® Prepaid Card For Business

4.0

out of 5

- Trial offer - first 2 months free
- Manage spending for staff in the field
- Alternative to credit cards, petty cash, check reimbursements
- Enforce budgets with individual card balances
- Control spending by merchant category and daily limits
- Online program management
- No transaction or card load fees - simple pricing
- No credit check required

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Intro APR: N/A*
Intro Period: 2 months
APR: N/A*
Annual Fee: N/A*
Issuer: The Bancorp Inc.
Card Network: VISA®
Card Category: Business (Stored Value)
Card Type: - Guaranteed Approval
- Prepaid Debit Card
Credit Needed: Good*

The PEX VISA Prepaid Card for Business from The Bancorp Bank brings together the prudent business administrator, growth oriented CEO, and visionary executive through a prepaid debit card that promotes the flexibility, accountability, growth and development of every small business. Business owners seeking to go for a prepaid card rather than one providing a line of credit can be a tough decision to make but the discord of accumulating corporate debt and employee spending make a prepaid card such as this an easy winner. As a corporate executive you don’t only want to worry about employee spending. Keeping track of where and how money is expended could be retarding drain on the development of your organization.

Where does the PEX Visa Card Come In?

This is a card designed for business executives who want the flexibility of a plastic card yet the accountability not many competing cards seem to provide. The PEX card offers an opportunity for efficient resource management. Once approved, every business owner has a chance to order additional employees. These cards are customizable to fit the unique role an employee plays in the organization. You can allocate funds to the Purchase Manager for a single transaction and automatically configure pre-spending limits for added control over spending. How about disabling a card while an employee is away on vacation? With up to the minute program cash position, individual balances, custom profiles per cardholder, downloadable monthly statements and additional reports for even greater details, budget planning couldn’t be easier.

With no line of credit offered your credit rating isn't taken into consideration. Just have a valid business and you'll incur a $49.95 application fee.

Once again, the PEX Visa® Prepaid Card for Business gives the ideal treatment your business truly deserves. As administrator you really should more time into growing your business rather than worry over expenses. With the cards' online management interface, business owners have online access to the corporate account anytime they wish. The card charges minimal fees and is accepted as a form of payment anywhere accepting Visa debit cards.

Other Benefits: - Funds are segregated between a corporate holding account and cardholder accounts for control over funds.
- Place daily spending limits on cards.
- Set zero balances or block cards.
- Real-time electronic card funding.
- Reporting package details spending by cardholder or in aggregate.
- Restrict card usage by merchant category.
- Set funding rules per card.
- Pie charts to illustrate corporate spending.
- Set triggered funding rules per card.
Comments: • PEX Card Service Fees various depending on cards amount ordered (1-10 cards, 11-50 cards, 51-100 cards and Monthly Transactions > $50,000).
• Trial offer does not have monthly maintenance fee for 2 months -- that is $40.00 savings
Online Account Access: Yes
100% Guarantee Approval: Yes
Introductory APR: N/A*
Introductory Period: 2 months*
APR on Purchases: N/A*
Annual Fee: N/A*
Grace Period: N/A*
Late Payment Fee: $25.00*
Over Limit Fee: $10.00
Balance Transfer: No
Opening Minimum: $10.00
Application Fee: $49.95
Additional Fees Customization fee: By Request
ACH Deposit - FREE
ACH Withdrawal - $5.00
Account Maintenance - FREE
Card Fulfillment - FREE
Card Overdraft - $10.00
Card Replacement - $5.00
Currency Conversion / Event - 1.5%
Express Card / Request - $35.00
Late Payment - $25.00
Live Agent - FREE
Monthly Fee Per Card - $19.95
Per Transaction - FREE
Return ACH - $25.00
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† The information provided for PEX Visa Prepaid Card For Business is believed to be accurate at the time of evaluation (Dec 1, 2009). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.




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