If you own a business and you have multiple employees that make purchases for the business, you may be interested in the Amegy Bank of Texas Visa Purchasing Credit Card. It is a low interest credit card that helps ease the trouble and cost of a procurement program.
It is easy and convenient to compare credit cards online just by using the credit card chaser tool right now.
Amegy Bank of Texas Purchasing Card Information
Although there is a business credit card available from the Amegy Bank of Texas, this purchasing credit card is a bit different. Unlike the business card, the purchasing card is not a rewards credit card so there are not points earned from using the card.
The purchasing credit card can be distributed to your employees and each one can use it when making purchases for their department or business use. It reduces the need to wait for approval for purchase or payment by using the receipt system.
There is a $30 annual fee for the purchasing card, although it is waived if you make annual purchases that add up to at least $2,500.
Benefits of the Amegy Bank of Texas Purchasing Card
The purchasing credit card from the Amegy Bank is beneficial for both the employee and the employer. As an employee, you don’t have to worry about spending your own money and then having to wait to get paid back from your department head or the owner.
As an employer, you can limit the spending of your employees by setting spending limits and blocking certain merchant type codes. You also give your employees the freedom to make purchases without taking the time to have to approve them. It is a perfect way for your employees to pay for maintenance or utilities or make purchases for smaller things like office supplies.
The purchasing card can help save you money in the long run.
The interest rate for the purchasing card is lower than many credit cards. It is a 9.25% variable APR.
Use the credit card chaser tool to compare credit cards online.
- Amegy Bank of Texas Visa Business Credit Card
- INTRUST Bank, N. A. Visa Purchasing Credit Card
- Amegy Bank of Texas Visa Platinum Credit Card
- Arvest Visa Purchasing Card
- Amegy Bank of Texas Visa Secured Credit Card
- Amegy Bank of Texas Visa Classic Credit Card
- The Central Trust Bank MasterCard Business Card