Credit Card Review & Application
Get money to your employees for purchases instantly. Avoid the hassles and costs of traditional credit cards. No other corporate card gives you all these features:
- Instant funds disbursement to employee cards
- 24/7 control over where and how much employees can spend
- Specify spend category or daily limits with online tools
- Block, remove, or add funds to cards instantly
- Review spending as it occurs online
- Monthly reporting
- Protect your business and personal credit
- No preset spending limit or line set by a bank - you set your own limits!
- Simple pricing - no transaction or card load fees, no overdraft or penalty fees
- Free 2 Month Trial
- No credit check
|Introductory Period:||2 months|
|APR on Purchases:||N/A *|
|Card Issuer:||The Bancorp Inc.|
|Card Category:||Business (Stored Value)|
|Card Type:||- Guaranteed Approval|
- Prepaid Debit Card
|Credit Needed:||Accepts All*|
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.
The review prepared by CreditCardsCo™. Opinions expressed therein are solely those of the reviewer.
|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.
- US business Only
- Verifiable business
- Mid to Average Lexis Nexis score
Custom pricing available. Please call us for a custom pricing quote if any of the following apply:
- You expect to issue more than 50 cards
- You plan to have some staff use the card only periodically or seasonally
- You organization is a 501c3 or other charitable/non-profit organization
|Online Account Access:||Yes|
|100% Guarantee Approval:||Yes|
|Introductory Period:||2 months*|
|APR on Purchases:||N/A *|
|Late Payment Fee:||$25.00*|
|Additional Fees||One-Time Program Account Set-up Fee: $49.95|
ACH Deposit - Free
ACH Withdrawal - $5.00
Account Maintenance - Free
Card Fulfillment - Free
Card Overdraft - Free
Card Replacement - $5.00
Currency Conversion / Event - Free
Express Card / Request - $35.00
Late Payment - $25.00
Live Agent - Free
Monthly Fee Per Card - $7.50
Per Transaction - Free
Return ACH - $25.00
We do not offer online application for this card at the moment.
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† The information provided for PEX Visa® Prepaid Card For Business is believed to be accurate at the time of evaluation (Jun 8, 2016). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.