Our Take
3.6
NerdWallet rating
The bottom line:
The potential for big rewards make the BILL Divvy Corporate Card an intriguing option for businesses with consistent spend, but you’ll find fewer restrictions with other business cards.
BILL Divvy Corporate Card
Annual fee
$0
Regular APR
N/A
Intro APR
N/A
Apply now
on BILL Spend & Expense's website
More details from BILL Spend & Expense
- Earn up to 7x rewards on restaurants and 5x on hotels with weekly billing. Terms apply.
- Credit lines up to $15 million but based on revenue, cash balance, business history and personal and business credit score.
- No annual fee or foreign transaction fees.
- Unlimited free virtual cards.
- Spend management platform allows business owners to easily set and adjust individual and team budgets.
Pros & Cons
Pros
- No annual fee
- Card-level spending controls
Cons
- Complicated rewards structure with limits on redemption
- Balance must be paid in full each billing cycle
Full Review
Note: Divvy was acquired by Bill.com and officially rebranded the Divvy corporate card and expense management platform in September 2023.
The
BILL Divvy Corporate Card
boasts a flashy rewards rate — up to 7x points on restaurants and 5x points on hotels — but the real draw of this corporate card is the spend management platform it’s linked to.Business owners can set and adjust budgets for each employee card and get a bird’s-eye view of company spending via the card's web and mobile app. You can also attach receipts to individual expenses and automatically categorize spending on specific cards, streamlining expense reports and bookkeeping.
Few business cards match these tools.
BILL Divvy Corporate Card
's rewards are a different story. 🤓 Nerdy Tip
The BILL Divvy Corporate Card has direct integration with QuickBooks Online and plays nicely with other popular accounting software.The
BILL Divvy Corporate Card
reserves its best rewards for businesses on a weekly billing cycle. And you need to spend at least 30% of your credit line in a given month to even earn rewards. You can also lose all accrued rewards if you don’t use your card in a given month. Because of that, the
BILL Divvy Corporate Card
works best when it's your primary business credit card, and it's best suited for businesses with consistent spending and cash flow. Even then, the rewards you earn don’t go as far as the rewards offered by other business credit cards.Key features
Card type: Small business.
Annual fee: $0
Recommended credit score: Good to excellent.
Sign-up bonus: None.
Rewards: Base rate of 1 point per dollar spent (1.5 points with weekly payments). Rewards multipliers apply to the first $5,000 in spending per month and apply to the following categories:
- Up to 7x at restaurants.
- Up to 5x at hotels.
- Up to 2x on recurring software subscriptions.
Rewards rate depends on your billing cycle: monthly, semi-monthly or weekly. Other terms apply.
APR: N/A
Foreign transaction fee: None.
Other benefits:
- Free, unlimited employee cards (virtual and physical).
- Expense management tools.
- Spending insights and forecasting.
How BILL Divvy Corporate Card rewards work
The
BILL Divvy Corporate Card
has a unique rewards structure, with several spending requirements and other restrictions attached.Earning rewards: To earn rewards, you need to spend at least 30% of your credit limit in a given month. Cardholders earn a base rate — 1 to 1.5 points per dollar — and can earn up to 7x points in certain bonus categories, but only on the first $5,000 spent each month. Both the base and bonus rates depend on your billing cycle: monthly, semi-monthly or weekly.
Weekly billing cycle | Semi-monthly billing cycle | Monthly billing cycle | |
|---|---|---|---|
Restaurants | 7x. | 4x. | 2x. |
Hotels | 5x. | 3x. | 2x. |
Recurring software subscriptions | 2x. | 1.75x. | 1.5x. |
Everything else | 1.5x. | 1x. | 1x. |
Consistent spending is important for your
BILL Divvy Corporate Card
rewards. Spend $0 in one month and you lose all accrued rewards. You also forfeit your points if you miss a payment, close your account within the first year or spend less than $5,000 in each of the last three months of your first year.Redeeming rewards: You can accrue points during the first year, but you can’t redeem them until you hit the 12-month mark. After that, you can redeem at any point, but the minimum redemption is 5,000 points. Points can be cashed in for statement credits, gift cards, cash back or travel reimbursements (if booked through a travel partner using your
BILL Divvy Corporate Card
).Here’s what 10,000 points are worth, according to Bill:
- Travel: $100 (booked through a Bill travel partner).
- Cash back: $52.
- Gift card: $51.
- Statement credit: $49.
For comparison, 10,000 Chase Ultimate Rewards earned with the
Ink Business Preferred® Credit Card
are worth $125 in travel (booked through the Chase portal) and up to $260 when redeemed through transfer partners.Why you might want the BILL Divvy Corporate Card
Spending controls and insights
At its core, Bill is a spending and expense management platform. The Bill card connects to that platform, giving account holders added control over employee spending. While other corporate cards offer spending controls, this level of integration is unique to Bill and can give business owners added insight into and control over employee spending patterns.
Why you might want a different card
Complicated rewards program
The
BILL Divvy Corporate Card
's rewards program is underwhelming and unnecessarily complicated. The base rate — 1 to 1.5 points per dollar — is the minimum you’d expect from a rewards card. While “multiplier” categories add value, you need to be on a weekly payment schedule to get the biggest boost. Plus, multiplier bonuses only apply to the first $5,000 spent each month. But all of that is moot if you don’t spend enough to earn rewards in the first place. Bill corporate card holders only earn rewards if they use at least 30% of their credit limit in a given month. And while you can accrue points right away, you can’t use them until you’ve had the card for 12 months. Unlike other business cards, you can lose your rewards if you miss a payment or don’t use your card.
The
Ramp Card
is a solid alternative for business owners who prefer a simpler rewards structure. While the Ramp's reward rate varies by customer and is determined by Ramp, there is no risk of losing the rewards you earn.Limited travel perks
The
BILL Divvy Corporate Card
gives a hint of travel rewards, with up to 5x points on hotels and up to 7x points on restaurants on the first $5,000 spent per month. But frequent flyers and road warriors can net higher rewards and more valuable perks with a true business travel card.For instance, the
Ink Business Preferred® Credit Card
earns 3x points on all travel spending, as well as shipping, telecom services and qualified advertising spending. While there is a cap on eligible spending, at $150,000 per year, it’s miles higher than the monthly limit imposed by Bill. The Ink Business Preferred does have an annual fee ($
95
), but it is easily offset by the welcome bonus: Earn 90,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.
It’s a charge card
You can’t carry a balance on the
BILL Divvy Corporate Card
(and if you miss a payment, you forfeit your rewards). That model is fine for businesses with consistent spending and cash flow, but it’s less than ideal for many startups and companies with irregular cash flow.Business owners who want more flexibility can look to
The American Express Blue Business Cash™ Card
, which offers 2% cash back on all purchases (up to $50,000 per year) and has a long intro APR period, ideal for new businesses or those that need to finance large purchases. Terms apply. (See rates and fees.) Should you get the BILL Divvy Corporate Card?
Businesses with consistent spending and the cash flow to support weekly payments can earn top-tier rewards on hotels and restaurants with the
BILL Divvy Corporate Card
. But if you need more payment flexibility, or have irregular expenses, you’ll find a better match with another business credit card.To view rates and fees of
The American Express Blue Business Cash™ Card
, see this page.Apply now
on BILL Spend & Expense's website
Frequently Asked Questions
Divvy uses your business history, annual revenue, cash balances, and business and personal credit history to determine approval and credit line. Businesses typically need at least $20,000 in a business checking account and good to very good credit scores (business and personal).
The Divvy credit card is a corporate charge card for small businesses. The card is tied to the Divvy spend management platform, so business owners can instantly issue virtual cards, set spending budgets and view overall business spending. Divvy earns rewards that can be redeemed for travel, statement credit, gift cards or as cash back after the first year.
The Divvy credit card is a good card for businesses that have multiple employees purchasing on the company’s behalf. The card has an expense management platform that lets business owners set individual and team spending limits and gives insight into overall business spending. Businesses that use the card at restaurants and hotels — and opt for a weekly billing cycle — can reap big rewards from the Divvy business card.
New elevated offer
