4 Reasons Why the First Bank Mastercard Business Credit Card is Good for Business
Running a business is no easy task, and managing your finances should be simple and efficient. That’s why First Bank offers its Mastercard Business Card with Rewards—a credit card designed to help business owners streamline expenses, extend their cash flow, and earn valuable rewards.
Whether you’re looking for a secure and flexible way to manage employee spending or you want to take advantage of generous rewards and protections, the First Bank Mastercard Business Credit Card is an excellent tool for growing businesses in North and South Carolina. In this blog post, we’ll break down the key benefits of the First Bank Business Credit Card and how it can benefit your business.
1. Earn Rewards on Every Purchase
With the First Bank Mastercard Business Card, every dollar you spend works harder for your business. You’ll earn 1.25 points for every $1 spent on qualified purchases, allowing you to rack up rewards while covering day-to-day expenses. These points can be redeemed for a variety of perks, from gift cards to discounts at the pump. Through the First Bank One Rewards Program, you have multiple ways to save and stretch your budget:
- Fill up for less: Redeem points at participating gas stations and save $0.50 per gallon, up to 20 gallons.
- Pay with points: Use your points for discounts at participating merchants, making purchases more affordable.
- Gift your points: Share your rewards with friends, family, or colleagues through point gifting.
With these versatile rewards options, your everyday business expenses can turn into valuable savings. Use our Rewards Calculator to see how many points you could earn with One Rewards.
2. Streamline Your Expense Management
One of the top priorities for any business owner is keeping finances organized. The First Bank Mastercard Business Card simplifies this with SpendTrack, an online credit card management platform. SpendTrack allows you to issue and manage employee cards, monitor spending, and optimize operations with ease—all from a mobile app or through online banking.
SpendTrack offers key features that will enhance how you manage your business expenses:
- Real-time transaction tracking: Gain total transparency over employee purchases with instant updates.
- Detailed expense insights: Make informed decisions with insights into spending trends, merchant usage, and credit limits.
- Secure card controls: Easily turn off lost or stolen cards and set spending limits to prevent unauthorized purchases.
With SpendTrack, you’ll be empowered to take control of your finances while keeping your focus on growing your business.
3. Extend Your Cash Flow with a Generous Introductory Offer
Managing cash flow is crucial, especially for small and medium-sized businesses. The First Bank Mastercard Business Card gives you more breathing room with an introductory 0% APR for the first 9 months on both purchases and balance transfers. After the introductory period, a variable APR currently between 16.90% – 26.90% applies.
Additionally, the card extends your cash cycle by 26 days, giving you extra time to settle your balances without stress. With no annual fee and no balance transfer fee, this card is perfect for businesses looking to consolidate expenses and free up cash.
4. Enhanced Security Features for Peace of Mind
Security is a top concern for businesses, and First Bank has you covered. The Mastercard Business Card offers a range of advanced security features to protect your finances:
- Zero liability for fraudulent purchases: You won’t be responsible for any unauthorized charges on your card.
- Chip and contactless payment options: These secure payment technologies help safeguard against fraud.
- Customizable text alerts and controls: Stay in the know with fraud alerts and set controls on spending to ensure your account is always protected.
By prioritizing security, First Bank ensures that you can confidently use your business credit card without worrying about unauthorized charges or breaches.
Conclusion
The First Bank Mastercard Business Card with Rewards is designed to meet the unique needs of business owners across North and South Carolina. Whether you need a reliable way to manage expenses, earn valuable rewards, or protect your finances with robust security features, this card offers everything your business needs to thrive.
Take advantage of the 0% introductory APR, no annual fee, and powerful rewards program to boost your business today. To learn more or apply, visit First Bank Business Credit Card.
