Minimum Credit Required
Best Secured Card For Business. The most important thing to look for when trying to build or repair bad credit is a card with low fixed costs that you can actually qualify for. Low interest rates and rewards are of lesser concern because secured cards don’t tend to offer them. But the fact that this BBVA Compass card does offer some rewards as well as a low APR makes it all the more attractive.
Earn 1 CompassPoint for every $1 you spend on qualifying purchases.
Redemption options – Redeem for cash back, account credits, gift cards, exciting travel options and name brand merchandise.
Combine points – When you have multiple BBVA Compass cards, you can combine – so you’re able to reach the rewards you want faster.
Free Enrollment – As a cardholder you are automatically enrolled with no additional fee.
Build Your Own Rewards with CompassPoints®.
Earn double and triple CompassPoints® in the categories you spend the most in. Choose from categories such as: office supplies, utilities, groceries, gas, travel and healthcare.
Shop with your enrolled Visa® business credit card at participating merchants and save up to 15%.
Additional Info Details
Before applying for the Business Secured Credit Card, you must open a Secured Credit Card Savings Account. The minimum opening deposit is $500. You can make deposits at any time in $100 increments
Available Credit – Your available credit will be 90% of your savings account balance. You can add funds to your account to increase your credit limit
Manage your account at your convenience, view up to 6 months of past account statements available to download, and more
Manage employee business expenses with online tools that will help control, monitor and track card spending trends
Integrate expense data and reports with accounting software packages
Add employee cards to your account at no additional cost. You can set individual spending limits for each employee, and their purchases will be itemized on your statement for easy recordkeeping
Visa Liability Waiver Program – Visa Liability Waiver protects you against eligible losses that might be incurred through card misuse by a terminated eligible cardholder up to $100,000
24/7 Fraud Alerts – BBVA Compass monitors your account for unusual activity around the clock, and you will be contacted to verify any transactions that seem out of line.
Experienced customer service representatives – BBVA representatives are specially trained to work with business owners and are available to help with any questions you may have. Just call them toll-free at 1-800-316.0207