According to their faq, they appear to be a Fintech and the verbiage is that you have to link your business account for real time monitoring. But they do not mention trusted third parties like Plaid to do it.
Reference: https://www.revenued.com/faq/
Additional bullet point:
Q) Who Is Eligible for the Revenued Business Card?
To qualify for the card, a business must:
- Operate in the United States.
- Not be a start-up. It must have been in business for six or more months.
- Have a business bank account — no personal accounts.
- Have a bank account that has not gone negative for more than three days in a month.
Added bullet point:
5. Card and Card Account Terms
5.1 About Your Card. The Card is a commercial prepaid debit card issued by the Bank. The Card can only be used for business purposes only and may not be used for personal, family or household purposes. The Card is not a credit card. The Card is not a gift card. The Card remains the property of the Bank and must be returned upon our request. To the extent permitted by applicable law, Bank may cancel, repossess, or revoke the Card at any time without prior notice. The Card cannot be redeemed for cash. The Card is not for resale and may not be transferred or assigned.
Reference: https://www.revenued.com/revenued-cardholder-agreement/
@Xanthos472 wrote:Found this one while digging around, does anyone any DP's? $500 SUB on $5K spend and 3% everywhere. Website claims SP only, limits based on revenue. Looks like it requires a business bank account, I couldn't find anything excluding Sole Prop. EDIT: Forgot to add, couldn't find anything about it reporting to personal.
I would be wary of getting involved with this. Here's an informative review of the card on bankrate.com:
https://www.bankrate.com/finance/credit-cards/reviews/revenued-business-card/
@kremonis wrote:
@Citylights18 wrote:3% isn't great rewards for a business debit card. I have a business bank account where they are offering 4% but you need 15 transactions a month. I am just not expensing my business bank account like that. I'm using the business bank account to pay off my business credit cards as revenues flow in. I have currently four 0% APR business cards open which I need to pay off.
Do you mind revealing the name of this bank with the 4% cash back business debit card?
They may or may not be referring to Bluevine. I see they have a business debit card with 4%cb, but its only for travel, gas, and restaurant purchase: https://www.bluevine.com/business-checking/debit-card
Not sure how common 4%cb business debit cards are.
If they meant 5%cb it's probably a credit union like CUOD with 5%cb after 15 transactions, up to $5 per month: https://www.cudenver.com/Spend/Checking-Accounts/Cashback-Rewards
There may be lots doing something like that with a high transaction requirement and low max cb cap per mo.