You are probably aware that getting access to capital and credit is one of the biggest challenges facing small business owners today. Traditional banks make it difficult for SMEs to qualify for credit cards and loans. Lengthy applications, strict eligibility criteria, and low approval rates often stand in the way.
This is where the Revenued Business Card steps in to fill the gap. Focusing squarely on the needs of small business owners, it removes many of the pain points plaguing traditional credit cards.
So, what makes this new business credit card special? Does it live up to its promises? Let’s look at its features and how the Revenued Business Card Works.
How Does the Revenued Business Card Work?
It works similar to a standard credit card but specialized for business use. You can use it to purchase at millions of locations accepting Visa cards worldwide. Monthly statements get generated with options to pay full, minimum due or any amount in between.
It offers an automatic flex credit line tied to your monthly business revenue. As your sales fluctuate, your available limit also adjusts dynamically. This ensures you always have adequate purchasing capacity when you need it.
How Much Credit Can I Get From A Business Card?
Business credit cards look beyond personal credit scores, instead basing limits on your company’s financials. Initial credit lines often range from $500 to $10,000. But with strong revenues, established entrepreneurs can qualify for six-figure credit limits.
Responsible usage and on-time repayments builds credibility over time. This allows graduates increases in limits to keep pace with business growth.
Revenued Business Credit Card Limit
The credit limit gets determined during underwriting based on your business revenues and cash flows. Those early in their entrepreneurial journey may get lower limits to start with.
As your sales increase, you can request incremental limit increases by providing updated financial documents. Responsible usage also builds credibility leading to higher approvals over time.
Key Features and Benefits
The Revenued Business Credit Card comes loaded with features aimed at empowering small businesses. Some of the key highlights include:
- Easy Approval Despite Poor Credit
A major pain point for many small business owners is getting rejected for business credit cards due to poor personal credit scores. The Revenued Business Card circumvents this problem by using alternative eligibility criteria not based on FICO scores.
So even if you have been turned down by traditional cards in the past, you stand a decent chance of getting approved for this one.
- No Application or Maintenance Fees
Small business owners dread credit cards with excessive fees. The Revenued Business Card makes life easy with no application fees or annual charges.
- Lucrative Welcome Bonus
You can earn $500 cashback by spending $5,000 within the first three months. This welcome bonus itself covers the first year’s expenses for most cardholders.
- 3% Cashback on All Purchases
Unlike most cashback cards, Revenued Business Card does not limit rewards to specific spending categories. You earn an unlimited 3% cashback on every dollar spent.
- Funding Decisions Within An Hour
The online application process delivers quick results. Instead of waiting for weeks, most applicants know their funding decision within an hour.
- No Introductory APR
Unlike some competitors, this card does not offer a 0% introductory APR. The lack of a short-term teaser rate may deter some applicants.
Revenued Business Credit Card Application
Revenued Business Credit Card Requirements
To qualify for the Revenued Business Card, your business should be located and operating in the US. Both established businesses and startups are eligible to apply. Instead of a minimum credit score, approval decisions base on your business revenues and cashflows.
Sole proprietors need a valid Social Security Number, while companies should have an Employee Identification Number. Documentation like business bank statements, tax returns, or merchant processing records may be needed during underwriting.
Revenued Business Credit Card Pre Approval
Revenued allows business owners to check their pre-approval eligibility through a soft credit pull. This leaves your credit score unaffected.
The pre-approval tool gives you an indication of your approval odds before formally applying. However, final credit decision may differ based on underwriting of your full application.
How to Apply for this Card
Applying for the card involves filling an online application form requesting details about your business. This typically takes around 10 minutes.
The application requires standard information like your name, contact info, Social Security Number, business address, industry, revenues, expenses etc. Submitting extra documents to establish credibility helps improve approval odds.
Revenued Business Credit Card Login Process
On approval, cardholders gain access to an online account dashboard for managing their account. The login portal allows checking your balance, seeing statements, making payments etc.
Here are the steps to login to your Revenued Business Credit Card account using the login URL https://app.revenued.com/login:
- Open your web browser and go to the Revenued login page: https://app.revenued.com/login
- Enter your registered email address in the email field.
- Enter your account password in the password field.
- If you have enabled two-factor authentication, you will also need to enter the code sent to your registered mobile number or email.
- Click on the “Login” button to access your Revenued account dashboard and credit card details.
- If you have forgotten your password, click on “Forgot Password” below the login fields. You will need to enter your registered email ID and they will send a password reset link.
- For added security, Revenued supports biometric login using Face ID or Touch ID once your account is accessed from a particular mobile device or computer.
- After successful login, you will be able to see your credit card details, statements, transactions, make online payments, raise service requests and more.
The Revenued login portal offers secure access to manage your commercial credit card digitally. Ensure your email address and password credentials are kept safe at all times for account security.
Contact customer service if you face any login issues.
You can also set up alerts for transactions, statements and important notifications through the login. An accompanying mobile app provides similar self-service capabilities on-the-go.
Revenued Customer Service
Customer service channels include a toll-free number+1-877-662-3489 operational on weekdays and half-day on Saturdays. Email and online message support is also available through the website.
What credit score is needed for the Revenued Business Card?
It considers applicants with fair credit scores starting in the 350-680 range. So even if you have blemishes in your personal credit history, you have decent approval odds.
Does the Revenued Business Card report to personal credit bureaus?
No, it only reports to commercial credit bureaus. So your personal credit score remains unaffected.
How is the credit limit determined?
Instead of relying on FICO scores, it bases your limit on real-time cash flows and revenues of your business. As your sales grow, your credit limit automatically adjusts upwards.
How do I redeem my cashback rewards?
You can redeem to a bank account once the rewards balance reaches $50. Redemptions occur by the end of the following calendar month.
The Revenued Business Credit Card successfully carves a distinct position for itself in a crowded marketplace. Easy approvals, unlimited 3% cashback, and no annual fees check makes it perfect to meets the needs of small business owners.
A few limitations exist, as with any card. But overall, the value proposition is compelling enough even for those turned down by traditional banks. If access to affordable credit remains a roadblock for your enterprise, the Revenued Business Card presents an promising avenue worth exploring.