Payment Transfer Program
Decide on a specific amount
( $50,$75,$100,other), you would like debited from your business bank account
The transfer can be applied weekly, Bi-Monthly, or monthly ( Minimum weekly transfer amount is $50.
The transfer will be applied toward the remaining balance on the card for that week. If you do not have a balance, it will be applied as a CREDIT toward your new business credit card thus increasing your spending limit
Credit Limit $500
Weekly Transfer $100
You go to the store to buy a computer monitor for $200.00 on your new card. You now have a balance of $200.00 you will have a remaining unsecured spending ability of $300. The upcoming weekly transfer of $100.00 will go toward the $200.00 balance, leaving you a remaining balance $100.00 on your card. If not used, the weekly transfer the following week will bring the balance to $0.00
If you DO NOT have a balance
Your Credit limit will remain at $500.00; the weekly Transfer of $100.00 will increase your spending limit to $600.00 and increase weekly if not used $600, $700, $800,etc… This is for the life of the card
Merchant Savings Solution Program
We offer a robust solution for business owners that accepts card payment from their customers.
The Merchant Saving solution program is designed to help our business owners.
*Build Business Credit
* Earn cashback to accept your customer’s card payments
* Increase your revolving spending capabilities
The program is straightforward. You decide on a specific % you would like to have applied from your credit card batch totals to apply to your business credit card. The funds applied to your card will pay toward any balance if there is one or increasing your spending limit by having the funds apply to your card.
IT LIKE HAVING A BUSINESS BANK ACCOUNT EXCEPT ITS HELPING YOU BUILD CREDIT
See the example below.
If you process $1,000.00 and choose a 10% split, $900 will go into your bank account, and $100.00 will get applied to your card.
Another example is if your average ticket sale is $60.00 and you choose a 10% split; $54.00 will go into your business bank account, and $6.00 will apply to your new business credit card
To Qualify, you need an active Business account along with your Tax Id #, a Minimum personal FICO score of 300+ the balance on your Business Card.
Yes, There is a $99 application fee to get started.
FULL REFUND IF DENIED
That’s how confident we are you will be approved.
No. However, 5 Star Processing offers additional perks such as rate discounts on merchant service processing if you have one of our 5 Star Processing Business Credit Cards
$75.00 ( Recommended )
There is a $6.95 monthly fee charged to your new credit card.
As you accept credit cards, a portion of your settlements are being applied to any outstanding balance on your credit card. As your balance is paid, there should be no finance charges or carrying costs
The approval process generally takes less than one business day.
Yes. Move cash from world mastercard to your bank account instantly for a 3% fee
Yes. You can add as many cards as you would like and you have complete control over spending limits and authorization amounts through your business management portal
Dun & Bradstreet
*As a reminder, its important to register your new Tax ID number with D & B, which can be done after you get your card