How to Use a Cashback Virtual Card with Little or No Credit

Are you a new business owner with no credit, but still want the convenience of using a credit card to pay your vendors and handle everyday expenses? Or maybe you’ve gone through difficult times and your credit score isn’t where you want it to be.

With virtual cards, you can get all the benefits of credit cards without having to meet a certain credit minimum to apply. During a virtual card transaction, the money comes straight from your bank account so there is no need to deal with credit options. As an added bonus, you even earn rebates with each payment.

Sound too good to be true? It isn’t. Not ready to give up paying your vendors with checks? You should be. If you’re still not convinced, here are a few reasons that might change your mind:

1. You don’t need a credit history.

If you’re reading this far, you likely have encountered difficulties applying for a small business credit card because of your low or nonexistent credit score. Stop putting necessary changes and improvements to your business on hold because you are busy trying to improve your credit score.

Virtual cards don’t require any credit checks or minimums because they have nothing to do with credit. Though you pay vendors with a 16-digit card number, this single-use, virtual card is connected to your bank account, not a credit account.

2. Benefits from cash back rewards

Much like cashback consumer credit cards, virtual cards offer rebates on qualifying transactions. Every time you pay vendors or suppliers with virtual cards, you earn cash. Essentially, the more you use them, the more money you can get. Who said credit cards are the only way to earn cash back?

3. Pay vendors faster.

How many times have you heard from vendors, inquiring about when their next check will arrive? Maybe you’ve begged the post office to expedite certain payments or worried over checks that were lost in the mail. Or maybe you simply wish accounts payable was more efficient.

With virtual cards, you never have to worry about paying vendors on time again. With a single, digital transaction, your vendors will use the 16-digit number to deposit their funds directly from your account to theirs – all from the comfort of their laptop or tablet.

4. Eliminate costly checks.

In the current technologically-driven environment, sending out checks to vendors seems like a thing of the past. Not only do you have to deal with costly fees, but more and more businesses and consumers expect electronic payment options. After all, when is the last time you went to a cash-only restaurant or store?

Eliminate any problems associated with check payments with virtual cards. You’ll pay vendors faster, cut overhead costs, and reduce stress along the way. It might sound too good to be true, but it definitely isn’t.

It’s time to make the switch to virtual cards. To learn more about how to start using virtual cards at your small business, contact the team at Paybaks today.

Sign up by April 26th and receive 12-months of gold tier (.65% rebate) for free!

Use Promo Code: APRIL

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There are many amazing people building innovative companies in Atlanta. Our goal is to inspire you by telling their stories. We hope you’ll enjoy these take aways from Atlanta’s most unique entrepreneurs.

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(770) 919-5848

Paybaks.com | [email protected] | 5725 Buford Highway NE Suite 213 Atlanta, GA 30340

Back to Top

COMMITTED TO OUr community

There are many amazing people building innovative companies in Atlanta. Our goal is to inspire you by telling their stories. We hope you’ll enjoy these take aways from Atlanta’s most unique entrepreneurs.

See Spotlights

make money with us

let us help you

[email protected]

(770) 919-5848

5725 Buford Highway NE Suite 213 Atlanta, GA 30340

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