Divvy Credit Builder Vs. Revenued Business Card Visa: Read this First

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Last updated on November 15th, 2022

Businesses want access to more capital and industry-leading software integrations in one package. But what if you don’t want to provide a personal guarantee or your business has no credit score at all? The Revenued Business Card Visa® and Divvy Credit Builder business cards are two great options, but which is right for your company?

Divvy Credit Builder or Revenued Business Card Visa: Which Is Right for You?

The Revenued Business Card Visa® and Divvy Credit Builder business cards enjoy popularity among corporations seeking lucrative rewards and streamlined financial tools, but which is right for you? Here is how the two card products stack up over several key metrics:

How to Apply

Here is all the information you’ll need to apply for both cards:

What Information Do You Need to Apply for a Revenued Business Card Visa® Account?

  • Name
  • Address
  • Email address
  • Phone number
  • DBA Name (“doing business as,” the name you provide to customers)

What Information Do You Need to Apply for the Divvy Credit Builder?

  • Name
  • Address
  • Email address
  • Phone number
  • DBA name, number of employees, business type, and industry
  • External bank account information

Do the Cards Build Credit?

Divvy Credit Builder is designed to help companies work towards better credit – and access to business lines of credit. This process involves a prepaid debit account, which companies can use to make payments for business expenses.

Business purchases with Divvy Credit Builder are regularly reputed to the major business credit bureaus – D&B and SBFE. Making on-time payments is the most significant influencer of a business’ credit score, allowing Credit Builder Cardholders to establish a strong credit history – and potentially work their way up to an unsecured credit line with Divvy.

Revenued works differently than Divvy. Because the Revenued Business Card Visa® is a prepaid debit card tied to an existing business checking account, it won’t build credit with regular use.

Instead, companies seeking to build credit with Revenued will need to use the program’s Flex Line. Fortunately, Flex Line limits are up to $100,000 and are available within 24 hours of account opening.

Card Fees

Here is a quick breakdown of some of the key fees with both cards:

Annual Fees

Neither business card features an annual fee:

  • Revenued Business Card Visa®– No annual fee
  • Divvy Credit Builder– No annual fee

Other Fees

The Divvy Platform is free to use to manage budgets, expenses, physical and virtual cards, and more. Additionally, the Divvy Credit Builder charges no annual fee. There are also no interest rates with the credit builder program.

Revenued is free, and there are no monthly or annual fees while using the card or Flex Line. Additionally, there are no fees for card replacement, expedited card delivery, or written statements. Employees may only incur fees when conducting a transaction at an out-of-network ATM (resulting in an ATM surcharge).

Rewards

Earning Rewards with Divvy Credit Builder

Divvy Visa and the Divvy Credit Builder Visa earn rewards based on the company’s repayment schedule, with shorter payment cycles returning greater rewards. This rewards system is somewhat confusing, but here are the bonus rewards categories based on the repayment schedule:

  • Weekly Payments: 7X points on restaurants, 5X on hotels, 2X on recurring software subscriptions, and 1.5X on everything else.
  • Semi-Monthly Payments: 4X points on restaurants, 3X on hotels, 2X on recurring software subscriptions, and 1.5X on everything else.
  • Monthly Payments: 2X points on restaurants, 2X on hotels, 1.5X on recurring software subscriptions, and 1X on everything else.

Redeeming rewards with Divvy is straightforward. Rewards points are redeemable for Divvy Travel (powered by TravelPerk), statement credits, gift cards, or cash back

Earning Rewards with Revenued Business Card

Revenued’s rewards system is much simpler than Divvy’s. Cardholders earn 3% cash back on all eligible purchases, with no caps or confusing categories. That cash back rewards rate is superior to many business credit cards, making a prepaid card even more enjoyable with everyday use.

Even better, Revenued offers a welcome bonus – something Divvy does not. Companies earn $500 cash back after spending $5,000 on eligible purchases within your first three months of card membership. Given that the card has no annual fee and simplified approval requirements, that introductory bonus offer is exceptional.

Other Card Perks

Here is a list of other key features of both business cards:

Divvy Credit Builder

Divvy provides an exceptional selection of business features for no annual fee. Divvy allows business owners to manage expenses and budgeting in an easy, streamlined format. With spending notifications, instant categorization, and a two-step review process, you can take advantage of easy dispute resolution, report drill-downs, and simple reimbursements.

All the data is stored and accessible in one place, so Divvy essentially becomes an end-to-end spend management platform that allows you to take control of your business finances – and at no cost, with no contracts.

Revenued

Revenued, like Divvy, provides a selection of tools for companies. These tools include an overdraft calculator and a cash flow meter, which provide the knowledge companies need to identify spending trends and locate savings.

Other features of the Revenued Business Card Visa® include:

  • EMV cards with chip and pin plus contactless payment technology
  • Customer service support from Revenued’s 5-star team
  • Dedicated Account Manager to help you make the most of being a Revenued cardholder

Businesses also enjoy Visa benefits from both card options. Visa debit cards provide a level of protection that is certain to impress. Businesses enjoy a wide selection of benefits and protections, including:

  • Auto Rental Collison Damage Waiver
  • Travel accident insurance of up to $250,000 for all trips when the ticket is paid in full with the Visa Business card
  • Emergency cash distribution and card replacement services
  • Visa travel assistance
  • Visa card benefits service center provides 24/7 assistance

Recap

Here is a quick recap of all the features of both cards:


Costco Anywhere Visa® Card

BJ's Perks Elite® Mastercard®
  • 5% cash back on gas anywhere Mastercard is accepted (on first $6,000 per year, then 1%)
  • 3% cash back on Sam’s Club purchases for Plus members. Club members earn 1% cash back
  • 3% cash back on dining and takeout
  • 1% cash back on other purchases
  • Save 10¢ off per gallon at BJ’s Gas®
  • 5% cash back on most BJ’s purchases
  • 2% cash back on dining and non-BJ’s gas stations
  • 1% cash back for everything else
No annual fee No annual fee

 

Featured image by Gam-Ol  / PixaBay

About: Cory
Cory Santos

Cory is BestCards.com's "Jack of all trades" and resident credit expert, covering all facets of the credit card space. Cory holds academic degrees in both the U.S. and U.K. In addition to credit cards, Cory finds that jogging, cats, and memes are essential parts of a balanced day.

Advertiser Disclosure

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