Univest Business Credit Card: Solutions for Your Business Needs

The Univest Business Credit Card offers a variety of features designed to meet the needs of businesses. From managing employee expenses to providing financial flexibility, this credit card is a valuable tool for any business owner. Whether you're looking to take advantage of a 0% introductory APR or need robust security features, the Univest Business Credit Card has something for everyone.

Key Takeaways

• 0% introductory APR for 20 billing cycles on purchases and balance transfers.
• No annual fee, making it cost-effective for businesses.
• Zero fraud liability protects against unauthorized transactions.
• ExtendPay Plan allows for splitting purchases into manageable payments with no interest.
• Online reporting tools help track and manage expenses efficiently.

Understanding the Univest Business Credit Card

Key Features and Benefits

The Univest Business Credit Card offers a range of features designed to meet the needs of businesses. One of the standout features is the 0% introductory APR on purchases and balance transfers for the first 18 billing cycles. After that, the APR ranges from 17.99% to 26.99%, depending on your creditworthiness. This card also comes with no annual fee, making it a cost-effective choice for businesses.

Other key benefits include:

• Free employee cards to help manage and track employee expenses.
• Online reporting tools to view spending by categories, transaction type, and time period.
• Zero fraud liability to protect your business from unauthorized transactions.

Eligibility Criteria

To be eligible for the Univest Business Credit Card, your business must meet certain criteria. These include having a good credit history and being in operation for a minimum period. Additionally, the business owner must provide personal and business financial information during the application process.

How to Apply

Applying for the Univest Business Credit Card is straightforward. You can visit your nearest local retail branch or apply online. The application process involves filling out a form with your business and personal details. Once submitted, the bank will review your application and notify you of the decision.

The Univest Business Credit Card is designed to offer financial flexibility and control, making it an excellent choice for businesses looking to manage their expenses effectively.

Maximizing Your Business Potential with Univest

Leveraging the 0% Intro APR

One of the standout features of the Univest Business Credit Card is the 0% introductory APR on purchases and balance transfers for the first 20 billing cycles. This allows businesses to make significant purchases or consolidate existing debt without the immediate burden of interest. After the introductory period, a variable APR of 11.99% to 20.99% applies, depending on your creditworthiness.

Utilizing the ExtendPay Plan

The ExtendPay Plan is another valuable tool for managing cash flow. This plan lets you split large purchases into manageable monthly payments with no interest, just a low fixed monthly fee. New cardmembers can enjoy a $0 fee offer on ExtendPay plans opened within the first 60 days of account opening.

Managing Employee Expenses

With the Univest Business Credit Card, you can issue free employee cards, making it easier to track and manage business expenses. This feature not only simplifies accounting but also maximizes your rewards potential. You can monitor spending by category, transaction type, and time period using the online reporting tools.

The Univest Business Credit Card offers a suite of features designed to help businesses manage their finances more effectively, from interest-free periods to flexible payment plans and comprehensive expense tracking.

Financial Flexibility and Control

Balance Transfer Options

The Univest Business Credit Card offers balance transfer options that can help you manage your existing debt more effectively. With a 0% introductory APR for the first 18 billing cycles on balance transfers made within 558 days of account opening, you can pay down your other credit card balances faster. After the introductory period, the APR will vary between 17.99% and 26.99%, depending on your creditworthiness.

Interest Rates and Fees

Understanding the interest rates and fees associated with your Univest Business Credit Card is crucial. The card features a 0% introductory APR on purchases for the first 18 billing cycles. After that, the APR ranges from 17.99% to 26.99%, based on your credit score. Additionally, there are no annual fees, making it a cost-effective choice for your business.

Online Reporting Tools

Managing your business expenses is easier with Univest's online reporting tools. These tools allow you to view and sort your credit card spending by categories, transaction types, and defined periods such as month, quarter, or year. This feature helps you keep track of your expenses and make informed financial decisions.

The Univest Business Credit Card provides flexible financing solutions for businesses needing vehicle maintenance and tire purchases. It offers benefits like no annual fees, low monthly payments, and promotional financing options. Users are encouraged to manage their accounts responsibly, take advantage of exclusive offers, and understand the terms of their credit to maximize benefits.

Security and Protection for Your Business

Zero Fraud Liability

With the Univest Business Credit Card, you can rest easy knowing that you have zero fraud liability for unauthorized transactions. This means if someone uses your card without your permission, you won't be held responsible for those charges. Just make sure to notify us promptly if you notice any suspicious activity.

Purchase Protection

Our card also offers purchase protection, which covers your new purchases against damage or theft for a certain period. This feature ensures that your business investments are safeguarded, giving you peace of mind when making significant purchases.

Data Privacy Measures

We take your data privacy seriously. Our robust security measures include encryption and other technologies to protect your personal and business information. We also comply with all relevant privacy laws to ensure your data is handled with the utmost care.

Protecting your business is our top priority. With features like zero fraud liability and purchase protection, you can focus on growing your business without worrying about security issues.

Rewards and Incentives

Earning Rewards

With the Univest Business Credit Card, you can earn rewards on every purchase. Every dollar spent translates into points that can be accumulated and redeemed later. This makes everyday business expenses more rewarding.

Redeeming Rewards

Redeeming your rewards is simple and flexible. You can choose from a variety of options such as travel, gift cards, or even cash back. The flexibility ensures that you can use your rewards in a way that best suits your business needs.

Special Offers for New Cardmembers

New cardmembers are in for a treat with special offers. For instance, you might receive bonus points or cash back when you spend a certain amount within the first few months. These introductory offers provide an excellent opportunity to maximize your rewards right from the start.

The Univest Business Credit Card not only helps manage your expenses but also rewards you for your spending, making it a valuable tool for any business.

Customer Support and Resources

Accessing Customer Service

We understand that having reliable customer support is crucial for your business. That's why we offer multiple ways to get in touch with us. You can reach our customer service team via phone, email, or live chat. Our representatives are available 24/7 to assist you with any questions or issues you may have.

Educational Resources

To help you make the most of your Univest Business Credit Card, we provide a variety of educational resources. These include:

• Online tutorials and webinars
• Detailed FAQs
• Step-by-step guides

These resources are designed to help you understand all the features and benefits of your card, as well as how to use them effectively.

Managing Your Account Online

Managing your Univest Business Credit Card account is simple and convenient with our online portal. You can:

• View your account balance and transaction history
• Make payments and set up automatic payments
• Download statements and reports

Our online tools give you the flexibility to manage your account anytime, anywhere.

With Univest, you have all the support and resources you need to manage your business finances effectively.

Comparing Univest Business Credit Card with Other Options

Univest vs. Competitors

When comparing the Univest Business Credit Card to other options, it's important to consider the unique features and benefits it offers. One standout feature is the 0% intro APR on purchases and balance transfers for 20 billing cycles. After that, the APR ranges from 11.99% to 20.99%, which is competitive in the market.

Here's a quick comparison of some key features:

Choosing the Right Card for Your Business

Selecting the right credit card for your business depends on your specific needs. If you value a long 0% intro APR period, the Univest card is a strong contender. Additionally, the absence of an annual fee makes it an attractive option for small businesses looking to minimize costs.

Consider the following when making your decision:

1. Introductory Offers: How long is the 0% APR period?
2. Regular APR: What is the ongoing interest rate after the intro period?
3. Fees: Are there any annual fees or hidden charges?
4. Rewards and Benefits: What kind of rewards or cash back can you earn?

Long-term Benefits Analysis

In the long run, the Univest Business Credit Card offers several advantages. The 0% intro APR can help you manage cash flow and reduce interest costs. Moreover, the card's rewards program allows you to earn points on everyday business expenses, which can be redeemed for travel, merchandise, or statement credits.

Choosing the right business credit card can significantly impact your financial health. It's essential to weigh the pros and cons of each option and select the one that aligns best with your business goals.

In summary, the Univest Business Credit Card stands out for its competitive APR, no annual fee, and robust rewards program. By carefully evaluating your business needs and comparing different options, you can make an informed decision that supports your financial objectives.

When it comes to choosing the right business credit card, it's important to compare all your options. Our website makes it easy to see how the Univest Business Credit Card stacks up against other cards. Visit us today to find the best card for your needs and take control of your finances.

Conclusion

The Univest Business Credit Card is a powerful tool for managing your business expenses. With benefits like a 0% introductory APR, zero fraud liability, and free employee cards, it offers both savings and security. Whether you need to make large purchases, manage unexpected costs, or keep track of employee spending, this card has you covered. Plus, the option to split payments into affordable monthly installments makes it even more convenient. For businesses looking to optimize their financial management, the Univest Business Credit Card is a smart choice.

Frequently Asked Questions

What are the key benefits of the Univest Business Credit Card?

The Univest Business Credit Card offers 0% intro APR on purchases and balance transfers for the first 20 billing cycles. It also provides free employee cards, zero fraud liability, and online reporting tools to help manage expenses.

Who is eligible to apply for the Univest Business Credit Card?

Eligibility for the Univest Business Credit Card typically requires you to own a business and have a good credit score. Specific requirements may vary, so it's best to check with Univest for detailed criteria.

How can I apply for the Univest Business Credit Card?

You can apply for the Univest Business Credit Card by visiting your nearest local retail branch or applying online through the Univest website.

What is the ExtendPay Plan?

The ExtendPay Plan allows you to split purchases into smaller, affordable payments with no interest—just a low, fixed monthly fee. New cardmembers get a $0 fee offer on ExtendPay plans opened in the first 60 days.

Are there any annual fees for the Univest Business Credit Card?

No, the Univest Business Credit Card does not have any annual fees, making it a cost-effective choice for managing your business expenses.

What should I do if I suspect fraud on my Univest Business Credit Card?

If you suspect any unauthorized transactions, you should immediately notify Elan Financial Services, the card issuer, to take advantage of the zero fraud liability benefit.