Ink Business Cash® Card
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Verve Credit Card
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8.9MyCreditCardLab Score
MyCreditCardLab Score 8.9We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score. |
6.7MyCreditCardLab Score
MyCreditCardLab Score 6.7We've meticulously evaluated this card using MyCreditCardLab's exclusive credit card rating system. Our assessment considered various cardholder needs, ultimately assigning a rating based on the need with the highest score, currently at "." Our rating scale ranges from 1 to 10, with 10 representing the best possible score. |
| ANNUAL FEE | |
| $0 | ONE-TIME $0 |
| INTRO APR | |
| 0% intro APR on Purchases for 12 months, and then the ongoing APR of 18.49%-24.49% Variable APR. | N/A |
| REGULAR APR | |
| 18.49% - 24.49% Variable | 29.99% - 35.9% Variable APR |
| PROS | |
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| CONS | |
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| WELCOME BONUS | |
| Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening | No Welcome offer available |
| REWARDS | |
Ink Business Cash® Card Rewards stand out as a highly versatile credit currency, offering a myriad of redemption options to suit your preferences. You can utilize your rewards in a variety of ways, including:
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Verve Credit Card Rewards program provides exceptional flexibility in credit currency. Redeem your earnings across a wide range of options, including:
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| BENEFITS | |
| Introductory APR - The Ink Business Cash® card typically offers an introductory 0% APR on purchases. It lasts for the first 12 months from account opening. it's helpfull for new businesses. This can help businesses make large purchases. They can pay them off over time without paying interest. Generous Cash Back Rewards - 5% cash back - Office internet, cable, and phone services. 2% cash back - gas stations and restaurants. 1% cash back - all other purchases with no limit Employee Cards at No Additional Cost - If you have multiple employees who will require additional cards issued, Business owners can issue employee cards for free. They can use the cards to easily manage and track employee spending. They can also earn rewards on their purchases. Remember, the 5% cash back category is capped at $25,000 per year across the account. It's not per authorized cardholder. Purchase Protection and Extended Warranty - The card provides purchase protection and covers new purchases against damage or theft for up to 120 days. It extends the time of the U.S. manufacturer's warranty by a year. This is for eligible warranties of 3 years or less. | Build Credit - To build good credit, you must use credit responsibly. You also need a credit line increase. Payment history and credit use make up two-thirds of a person’s FICO credit score. The FICO model is the most popular one among lenders. To build a good credit score, pay at least the Verve Mastercard's minimum each month. Also, keep credit use below 30% of the credit limit. Credit limit - Based on your credit limit of $300, your initial available credit will be $225 (or $195 if you choose to have an additional card). Account access - Free online account access - 24/7, Monthly reporting to the three major credit bureaus. |
| CASH ADVANCE FEE / APR | |
| Either $15 or 5% of the amount of each transfer, whichever is greater | 29.99% - 35.90% variable, plus a fee of either $10 or 5% of the amount of each transaction, whichever is greater |
| BALANCE TRANSFER FEE | |
| APR: 18.49% to 24.49% Variable, Fee: Either $5 or 5% of the amount of each transfer, whichever is greater | Balance transfer not available |
| RECOMMENDED CREDIT SCORE | |
| 690 - 850 (Fair - Exceptional) | 400 - 629 (Very Poor - Poor) |
| FOREIGN TRANSACTION FEE | |
| 3% | 3% |
| BEST FOR | |
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| More Details | More Details |
Ink Business Cash® vs. Verve Credit
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