Mastercard Business Purchasing Credit Card
Simplify your organization’s payment process and monitor everyday purchases.
Features:
- Empowers employees to make purchases within company guidelines
- Account payables can save time with less paperwork
- Suppliers enjoy the ease and expediency of payment acceptance
- Unlimited number of credit cards with flexible credit limits
- Mastercard Global Service™
- $200 Annual Fee per company
- Easy Savings
- Cardholder Agreement | Credit Disclosure | Guide to Benefits
Additional Benefits
Enhance Spending Control
The Business Purchasing Card allows your organization to monitor account spending before and after it happens. Employee purchases are empowered through program-level and individual account controls within your organization.
Optimize Your Payables Process
Our account and online program tools allow your organization to fine-tune purchasing controls. We integrate our technology with your organization’s financial systems to simplify card management.
Build Long-Term Value
Republic Bank will assist in analyzing your spending data to help build and support your payment strategy. We will learn industry best practices and assess your organization’s previous performance to aid in this process.
Click ‘Apply Now’ and select the image of the Business Purchasing Credit Card to begin your application.
If you have any questions, please call us at 866-292-0856.
Credit card accounts are available for RBT clients that have an existing deposit account (checking or savings) with Republic Bank. The account must not be overdrawn, must not be dormant, and the account must be held directly in the name of the credit card applicant.
* See Cardholder Agreement for program details
** See Credit Disclosure for rate and fee information
SpendTrack Online Card Management
Easily manage all of your cardholders’ accounts using our online credit card reporting and account management tool.
To setup an admin account, please click here.
Mastercard ® Smart Data
Say goodbye to missing receipts and expense reporting guesswork. This robust, online expense management solution gives your company what you need to manage and control spending, generate comprehensive spending reports and accurately integrate purchase data into your accounting software. Delivering business intelligence quickly, easily and efficiently.
When you and/or your employees use a Mastercard business card, robust data about the purchase is captured and automatically combined with information about the card account. Detailed information is then available for your review and approval.
Contact Us Today!
Need more information? Contact one of our Treasury Management Specialists at 1-866-534-2341.
| Credit Disclosure | |
|---|---|
| Interest Rate and Interest Charges | |
| Annual Percentage Rate (APR) for Purchases | 18% |
| How to Avoid Paying Interest on Purchases | Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances on the transaction date. |
| Minimum Interest Charge | If you are charged interest, the charge will be no less than $0.50 on purchases and $3.00 on cash advances. |
| For Credit Card Tips from the Consumer Financial Protection Bureau | To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau |
| Fees | |
| Annual Fees | $200 Per Company |
| Transaction Fees • International Transaction Fee | NONE |
| Penalty Fees • Late Payment Fee • Over the Limit Fee • Returned Payment Fee | Up to $27. NONE Up to $27. |
| Other Fees • Expedited Phone Payment • Rush Card Fee • Reissue Fee | $6 $25 Domestic/$100 International NONE |
How we will calculate your balance: We use a method called “average daily balance (including new purchases)”.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Cardholder Account Agreement.
The information about the costs of the card described in this application is accurate as of the date blow. This information may have changed after that date. To find out what may have changed, write to us at:
Republic Bank & Trust Company
601 West Market Street | Louisville, KY 40202-2700
Rate updates as of 3/01/2023
Ohio Residents Only: The Ohio laws against discrimination require that all creditors make credit equally available to all credit-worthy customers and that credit-reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.