Mastercard Business Purchasing Credit Card
Get your organization a secure payables solution that improves cash flow, provides operational efficiencies, and offers fraud protection.
Features:
- Improved cash flow with flexible payment cycles
- Enhanced expense management support across desktop and mobile through the all-in-one card and expense tool, SpendTrack®
- Real-time card management controls give Administrators access to manage spending limits and cardholder permissions instantly
- Built in fraud prevention with embedded microchip technology and Text and Email Card Alerts1
- Mastercard benefits includes Rental Car insurance, extended warranty on some purchases, ID theft protection, and more
- $200 Annual Fee per company
- Mastercard Easy Savings Program earns monthly rebates (see Guide to Benefits for details)*
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.
To learn more about the Business Purchasing Credit Card please visit your nearby banking center or call our Treasury Management team at 866-534-2341
.
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 business client.
View Purchasing Card Agreement and Credit Disclosure for program details and rate and fee information
* See Mastercard Guide to Benefits for applicable terms, conditions, and exclusions
Complex card management made easy:
SpendTrack® Online Card Management
Easily manage all of your cardholders’ accounts using this digital card management and expense reporting solution. Get real-time control over employee spending, simplified expense reporting, and streamlined transaction tracking within a single platform.
Benefits include:
- Card and Expense Management for managing employee card accounts and filing expense reports across mobile and desktop
- Virtual Cards for secure, digital payment capabilities
- Real-time insights for in-depth analyses of spending trends and merchant data
- Self-service tools that allow cardholders to report lost or stolen cards and manage their accounts
Mastercard Smart Data
This web-based expense management solution provides simplified visibility for even the most complex reporting and expense management needs. Cardholders can code, attach receipts and submit expense reports via desktop or mobile. Additional fees apply.
Used in one of two ways:
- A gateway that facilitates the transfer of transactions into the clients 3rd Party Cardholder Reconciliation tool (for a fee).
- A Robust Cardholder Reconcilition tool:
- Capture & Attach receipts at the transaction level
- End to end mobile functionality
- Customizable – capturing the coding need of each organization
- Customizable reporting to accommodate ERP requirements
Contact Us Today!
Need more information? Contact one of our Treasury Management Specialists at 1-866-534-2341.
| Fee Type | Description | Amount |
|---|---|---|
| Annual Fee | Fee charged annually for participation in the program. | $200 |
| Late Payment Fee | Fee charged if the Payment Amount Due is not paid by the Payment Due Date for that billing cycle. | $27 |
| Extended Delinquency Fee | Fee may be assessed upon a default if the Payment Amount Due is not paid by the Payment Due Date, or a payment to Bank is returned or reversed for any reason, and such payment failure is not cured within thirty (30) days of the Payment Due Date. | 2.5% on unpaid Payment Amount Due |
| Returned Payment Fee | Fee charged if a payment is returned or dishonored by the paying bank. | $27 |
| Rush Card Fee | Fee for expedited processing and delivery of a new card. | $25 Domestic, $100 International |
| Reissue / Replacement Fee | Fee for reissuing or replacing a lost, stolen, or damaged card. | None |
Repayment Terms
To keep the account in good standing, payments must be made in full; balances may not be carried. Payment terms, including settlement frequency and days to payment, may be negotiated to support business needs.
Required Auto-Debit: Purchasing card programs must be set up for auto-debit from the designated settlement account. Payments are typically debited on the due date, or earlier upon client request.
Rebate
The program may include a rebate based on eligible purchasing volume, subject to these terms:
- Rebate Percentage: Eligibility and rebate percentage are negotiated with your Treasury Officer and apply to qualifying spend from the first dollar during the measurement period.
- Measurement Period: Rebates are calculated annually, January through December.
- Timing of Payment: Earned rebates are paid within 45 days after the measurement period ends.
- Payment Requirement: Rebates must be deposited into the client-designated Republic Bank business account.
Important Notice
Please note that the terms outlined above are anticipated program terms only and do not constitute a binding commitment to lend. All terms are subject to final credit approval.
The information about the costs of the card described 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 7/07/2026
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.
1 Message and data rates may apply from your wireless carrier. If you are turning off your card because of fraud, you will still need to call the bank to close that card and order a new one.Turning off your card in Card Alerts and Controls only prevents the card from being used as long as it is turned off.