Key Benefits

• Flexible purchasing power: Access a revolving line of credit to cover everyday operating expenses, inventory purchases, travel costs, and unexpected needs.
• Rewards and incentives: Earn points, cash back, or travel rewards on eligible purchases to reduce costs or reinvest into the business.
• Employee cards with controls: Issue additional cards for employees with customizable spending limits and merchant category restrictions to maintain oversight and accountability.
• Integrated expense management: Consolidate receipts, categorize transactions, and export data to popular accounting platforms for faster reconciliation.
• Enhanced security: EMV chip technology, contactless payments, fraud monitoring, and zero-liability protections help safeguard company funds.
• Online and mobile access: Manage the account, view statements, make payments, and track rewards from a secure web portal or mobile app.

Rewards and Value

The card offers a competitive rewards program aimed at maximizing value from routine business spend. Rewards structures may include accelerated earnings in categories such as office supplies, dining, gas, and travel. Points or cash back can typically be redeemed in multiple ways, including statement credits, travel bookings, gift cards, or transfers to partner programs. The flexible redemption options allow businesses to choose value that best supports their financial goals.

For companies focused on travel or client entertainment, rewards tied to airfare, hotels, and dining can translate into meaningful savings. For retail and service businesses, higher returns on supply and fuel purchases can improve margins. The rewards program is structured to grow value as business spend increases, giving more benefits to higher-usage accounts.

Expense Controls and Financial Oversight

Managing employee spending and tracking company expenses is essential for maintaining healthy finances. The Truist Business Credit Card is equipped with tools to simplify oversight:

• Custom spending limits: Set per-card or per-category caps to enforce budget discipline.
• Real-time alerts: Receive notifications on large purchases, suspicious activity, or near-limit spending to respond quickly.
• Detailed reporting: Access transaction-level data, merchant information, and exportable reports for accounting and audit trails.
• Receipt capture: Attach digital receipts to transactions within the mobile app to streamline reconciliation.

Security and Fraud Protection

The card includes multiple layers of protection to reduce risk and protect company assets. Industry-standard EMV chip technology and contactless payment options help prevent counterfeit fraud. Advanced fraud monitoring systems analyze transaction patterns and flag suspicious activity for review. When unauthorized charges occur, the cardholder protections limit liability, and dedicated support assists in investigating and resolving incidents.

Additional security features may include virtual card numbers for one-time or vendor-specific transactions, multi-factor authentication for account access, and the ability to instantly lock or freeze individual cards from the mobile app to prevent further use.

Integration with Business Banking and Treasury Services

The Truist Business Credit Card is designed to complement the broader suite of business banking services. Key integration points include:

• Account consolidation: View card activity alongside deposit, loan, and treasury accounts for a comprehensive financial picture.
• Payments and transfers: Make payments from linked business accounts and set up automated payment schedules to avoid late fees.
• Accounting connectivity: Export transactions or sync with accounting and bookkeeping software to reduce manual entry and errors.
• Treasury support: Coordinate card-enabled programs with payroll, vendor payments, and cash management strategies to optimize working capital.

Eligibility and Application

The Truist Business Credit Card is available to eligible businesses subject to credit approval and verification. Typical requirements include business identification, financial statements or tax records, information about ownership and authorized signers, and a review of business creditworthiness. The underwriting process evaluates revenue, time in business, and credit history to determine the appropriate credit limit and terms.

Applicants should be prepared to provide basic documentation about the business and principals. Approval timelines vary based on the complexity of the application and the need for supplementary verification.

Fees, Rates, and Terms

Specific interest rates, annual fees, late payment fees, and other charges vary by account and are disclosed in the cardholder agreement. The business should review the terms carefully to understand periodic interest rates, how interest is calculated, and any potential fees for cash advances or foreign transactions. Responsible usage and timely payments help minimize financing costs and maintain a favorable credit relationship.

How to Maximize Card Value

To get the most from a business credit card, consider these practical tips:

• Align spending categories with rewards accelerators to boost returns.
• Issue employee cards with tailored limits to delegate purchasing while retaining control.
• Use expense management features to attach receipts and categorize transactions promptly.
• Pay balances on time or maintain a cash flow plan that minimizes interest charges.
• Leverage integration with accounting software to automate reconciliation and reduce administrative overhead.

Common Questions

Who can apply for a Truist Business Credit Card?

Established businesses and qualifying new ventures that meet credit and documentation requirements may apply. Principals and authorized signers must provide identification and business information.

Can I issue cards to employees?

Yes. Additional cards can be issued with customizable spending limits and monitoring to maintain expense control and accountability.

How are rewards redeemed?

Rewards options typically include statement credits, travel bookings, gift cards, or transfers to partner programs. Redemption methods depend on the rewards plan selected for the account.

What protections are in place for unauthorized charges?

Fraud monitoring, zero-liability policies for unauthorized use, and the ability to lock cards instantly are among the protections provided. Prompt reporting helps expedite resolution.