Tag: business finances

Investar Bank Business Rewards Visa: A Comprehensive Guide

The Investar Bank Business Rewards Visa is a unique financial product designed specifically for business owners looking to maximize their spending. Issued by Investar Bank, this credit card provides a tailored rewards program, competitive rates, and numerous benefits that cater to the needs of enterprises. Whether you are a small business or a larger corporation, this credit card can offer valuable rewards for your everyday expenses.

Card Type

The Investar Bank Business Rewards Visa falls under the category of business credit cards. It is designed to help business owners manage their expenses while rewarding them for their purchases.

Annual Fee

This credit card boasts a no annual fee feature, which means you can enjoy its extensive benefits without incurring a yearly cost.

Rewards Program

The rewards structure of the Investar Bank Business Rewards Visa is highly competitive. Cardholders earn 3% cashback on all purchases made in specific bonus categories, such as office supply stores, technology providers, and gas stations. Additionally, all other purchases earn a flat 1% cashback. Rewards can be redeemed as cashback, giving businesses the flexibility to reinvest their earnings back into their operations.

Sign-Up Bonus

New applicants can take advantage of a generous welcome bonus. After spending $3,000 within the first three months of account opening, cardholders can earn a $500 cashback bonus. This bonus provides an excellent incentive for businesses to leverage their spending effectively.

APR (Annual Percentage Rate)

The Investar Bank Business Rewards Visa offers a regular APR of 14.99%, which is relatively low compared to other business credit cards. Additionally, there is an introductory 0% APR on purchases and balance transfers for the first 12 months, making it an attractive option for businesses looking to manage their cash flow.

Foreign Transaction Fees

This credit card has no foreign transaction fees, making it an excellent choice for businesses that engage in international travel or transactions. This feature can save cardholders significant amounts in fees when spending abroad.

Balance Transfer Options

Cardholders can benefit from special balance transfer offers that feature a 0% APR for the first 12 months. After the introductory period, the regular APR applies, allowing businesses to consolidate debt with lower interest payments.

Additional Fees

While there is no annual fee for the Investar Bank Business Rewards Visa, there are some important additional fees to consider, such as:

• Late payment fee: up to $39
• Cash advance fee: 3% of the transaction amount or a minimum of $10

Card Benefits and Perks

This credit card offers various benefits and perks, including:

• Travel insurance for cardholders traveling for business.
• Access to exclusive concierge services to assist with business-related needs.
• Potential access to select airport lounges.

Customer Protections and Insurance

Investar Bank prioritizes the security of its cardholders by offering a range of customer protections. These include:

• Fraud liability protection: Cardholders are protected against unauthorized charges.
• Purchase protection: Coverage for eligible purchases against damage or theft.
• Rental car insurance: Coverage options when renting vehicles for business purposes.

Eligibility and Credit Score Requirements

To qualify for the Investar Bank Business Rewards Visa, applicants typically need a good to excellent credit score (generally a score of 700 or above). Additionally, businesses must meet other criteria outlined by Investar Bank.

Introductory Offers

The introductory offers of this card make it a compelling option, with a 0% APR on purchases and balance transfers for the first 12 months. This opportunity allows businesses to manage their finances effectively during the initial months after acquiring the card.

Special Features or Unique Selling Points

One of the standout features of the Investar Bank Business Rewards Visa is its ability to provide a flexible rewards structure that adapts to the spending habits of its users. Its focus on specific categories maximizes potential returns for frequent purchasers in those sectors.

How to Apply

Applying for the Investar Bank Business Rewards Visa is simple and straightforward. Prospective applicants can apply online through the ‘>Official Website and take the first step towards maximizing your business rewards today!