Hello Alice has launched a small business credit card with traditional benefits and provisions to help build credit. Hello Alice is a free platform made for and created by small business owners. The platform helps small business owners unlock access to capital, tools, and resources to build sustainable business growth.
Hello Alice Small Business Credit Card Launch
At Hello Alice, business owners can share their experiences and get recommendations based on their business needs. In addition to personalized business recommendations, Hello Alice also gives small business owners access to workshops and exclusive products to help their growth. The launch of the new business credit card is in partnership with Mastercard and issued by First National Bank of Omaha (FNBO). The Hello Alice Small Business Mastercard caters to the needs of underserved small business owners with a batch of inclusive benefits for its cardholders.
With the launch of the new Hello Alice Small Business Mastercard, cardholders can earn points to redeem for gift cards, virtual learning events, and cash back. The card comes with a few points categories, starting with 4X points per $1 spent on wireless telephone service and business software purchases. Customers can also earn 3X points per $1 spent on eligible office supplies and shipping purchases, 2X points on rideshare and restaurant purchases, and 1.5X points per $1 spent on all other purchases.
The point earning potential is only one of the benefits that come with the Hello Alice Small Business Mastercard. Cardholders can also enjoy 1-on-1 business coaching with professional advisors on-demand and a $50 statement credit after $1,000 spent in the first three billing cycles. The card also has a 0% introductory APR offer on purchases and balance transfers – all for no annual fee.
- 24/7 Business Assistant
- Mastercard ID Theft Protection
- Zero Liability Protection
- Car Rental Insurance
“We designed the Hello Alice Small Business Mastercard to meet the needs of small business owners where they are, breaking longstanding barriers to mentorship, access to credit, and overall financial health for those who have traditionally been denied access,” said Elizabeth Gore and Carolyn Rodz, co-founders of Hello Alice, “In times of economic boom and bust, access to capital remains the leading challenge for all small business owners, and particularly for New Majority owners, which is why we continue to focus our efforts on expanding the capital continuum beyond our existing grants and loans programs.”
For small business owners who may not have the best credit history, Hello Alice offers the option of a secured credit card. The credit-building credit card is the Hello Alice way to maximize capital accessibility to small business owners. Secured credit cardholders can also upgrade to the unsecured credit card in as little as 11 months (subject to credit approval and good standing).
About Hello Alice
Hello Alice was founded by Carolyn Rodz and Elizabeth Gore on a mission to ensure entrepreneurs in the New Majority have what they need to launch and grow small businesses. The free online platform helps start and grow businesses with access to resources catered to the needs of small business owners. Such resources include guides on business knowledge, funding, networks, and more. The platform also provides peer-to-peer connections with over 600,000 small business owners.
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Featured photo credit to HelloAlice.com