BILL Divvy Corporate Card review: Exceptional account management tools and plenty of bonus points

BILL Divvy Corporate Card at a glance

Introducing a business card you may not be familiar with: The BILL Divvy Corporate Card is a business credit card that changes the way you earn rewards, offering extra points on purchases when you settle your bill on a weekly or semi-monthly basis. Even more impressive, this is a no-annual-fee credit card.

However, the bonus categories are limited, and there are few options for redeeming your points. Let’s assess whether this card aligns with your business needs. Card Rating*: ⭐⭐⭐

*Card rating reflects TPG’s editorial opinion and is not influenced by the card issuer.

The BILL Divvy Corporate Card is a business credit card, making it an ideal no-annual-fee choice for fast-growing companies and sole proprietors seeking better control over their business expenses.

This card is a great tool for businesses of any size, automating much of the administrative tasks that come with running a small business (we’ll go into more detail later). However, if you have a small payroll and limited need for employee credit lines, some of the card’s standout features might not be relevant to you.

If you’ve already tried most of the popular small-business credit cards and are looking for an alternative to offerings from Chase, Amex, Citi, and other major issuers, this card might be just what you need. Additionally, it won’t affect your Chase 5/24 status, as most small-business cards don’t show up on your personal credit report.

BILL specifies that this credit card is intended for individuals with "good to excellent" credit, so we suggest having a credit score of 670 or higher before applying.

Pros and cons of the BILL Divvy Corporate Card

BILL Divvy Corporate Card introductory offer

The downside is that the BILL Divvy Corporate Card currently does not offer any welcome bonus.

This puts it at a disadvantage when compared to many popular business cards, which typically offer enticing welcome bonuses.

BILL Divvy Corporate Card advantages

As you review these card benefits, consider two key points:

• By tracking every dollar spent, you're likely saving money.
• You're maximizing rewards by channeling nearly all your business expenses through BILL.

These are the goals that BILL aims to help your small business achieve, which other cards might not deliver. After attending a demo, I can confirm that this card offers a distinct advantage over other small-business options in these areas.

The BILL Divvy Corporate Card is also budget-friendly, with no annual fee, no extra charges for adding employee cards, and no cap on the number of employee cards you can issue.

The card's standout feature is how you can allocate your corporate card's credit line.

A common concern when adding an authorized user or employee to your primary credit card is giving them unrestricted access to your credit line. The budget feature eliminates this issue by allowing you to assign specific credit amounts for particular situations, only as much as you're comfortable with.

As the budget administrator, you get a clear, easy-to-understand dashboard that shows all your assigned budgets. The dashboard includes graphics illustrating the size of each budget, how much has been spent, and how much remains. You can also create an unlimited number of budgets.

For instance, you can set budgets for each employee to prevent them from exceeding your credit limit or accumulating unexpected costs. If an employee attends a conference, you can allocate a set amount to their card. Once the limit is reached, the card will be declined.

Additionally, employees can request a credit increase from the budget owner, who can approve the extra funds in real time if unexpected expenses arise.

You can also set a 'grace period,' which allows the card to remain active even if the cardholder slightly exceeds their credit limit.

BILL Divvy allows you to assign different access levels to each cardholder. If you need to provide someone with access to account details, you can do so without sharing your personal login credentials.

Even if you can't use your BILL Divvy Corporate Card for every purchase, you can still log any expense in BILL Divvy and reimburse yourself for out-of-pocket purchases through ACH transfers, free of charge.

How to earn rewards with the BILL Divvy Corporate Card

This is the section you've been waiting for. The BILL Divvy Corporate Card rewards you on all purchases, with particularly generous returns in certain categories.

One downside is that you won't earn rewards for reimbursements, which would have been a goldmine for points and miles enthusiasts.

In summary, the BILL Rewards strategy focuses on making more of your business expenses eligible for rewards compared to other small-business credit cards. Your rewards depend on two main factors:

• The bonus categories you spend in
• How frequently you settle your bill

Here’s what you’ll earn.

Earn up to 7 points per dollar at restaurants — all on a no-annual-fee card? That’s certainly impressive. Now, let’s see how to redeem these points and their actual value.

How to redeem points on the BILL Divvy Corporate Card

To redeem your points, you must use the BILL Rewards online platform.

Choose how many points you want to redeem and select your preferred redemption method:

• Travel
• Gift cards
• Cash back
• Statement credit

BILL Divvy Rewards are worth up to 1 cent per point. To redeem them, you'll need to accumulate at least 5,000 points during your first year of card membership, and your account must be at least one year old. Here’s how you can spend your points and the value of each option.

As you can see, points typically hold a value of about half a cent for most redemptions. If you’re using this card for cash back and paying your bill weekly, this equals:

• 3.6% back at restaurants (7 points per dollar)
• 2.6% back at hotels (5 points per dollar)

For a no-annual-fee card, that’s pretty solid. However, other earning categories with this card don’t perform as well.

If you choose to use your rewards for travel, your value per point will be much higher. However, you’ll be competing against a top-tier selection of travel cards that could potentially offer even greater rewards if you're savvy in maximizing their benefits.

Here's how to redeem your BILL Divvy Rewards points for travel:

• Make a travel purchase with the BILL Divvy Corporate Card
• Click on "Redeem Rewards" in your BILL dashboard
• Enter the number of points you wish to redeem in the rewards form
• Submit your request

BILL Divvy Rewards claims that your redemption request will be processed within 10 business days.

The process has both advantages and drawbacks. Booking directly with the travel provider is a plus, especially for those looking to use points for hotels, since it allows you to earn elite night credits, benefits, and hotel points that are typically only available when booking directly.

On the downside, you are required to use the BILL Divvy Corporate Card for travel bookings, which means you won’t earn additional rewards or benefit from built-in travel protections if you already have an airline or hotel credit card.

Which credit cards rival the BILL Divvy Corporate Card?

Several business cards could be better suited to your company's needs:

• If you want to customize your bonus categories: The American Express® Business Gold Card has a $375 annual fee (see rates and fees) but rewards you with four points per dollar on the two highest spending categories each billing cycle, up to $150,000 in combined purchases per year (then 1 point per dollar). Read our full review of the Amex Business Gold.
• If you prefer straightforward rewards: The Capital One Spark Miles for Business card offers 2 miles per dollar on every purchase. The first year has no annual fee, but after that, there is a $95 annual fee (see rates and fees). You can still transfer miles to Capital One partners, but additional benefits are limited. Check out our full review of the Capital One Spark Miles card.
• If you want to avoid an annual fee: The Ink Business Unlimited® Credit Card gives you 1.5% back on every purchase with no annual fee, plus basic benefits like purchase protection and the ability to add employee cards at no extra cost. See our full review of the Ink Business Unlimited.

For more choices, take a look at our guide to the top business credit cards.

Is the BILL Divvy Corporate Card a good investment?

If you're after a business card with no annual fee, a solid rewards structure, and tight control over employee spending, the BILL Divvy Corporate Card is a solid option. However, if you’re seeking more flexibility with your rewards, there are other cards out there that may better suit your business.

In conclusion

The BILL Divvy Corporate Card offers a number of unique benefits to the business credit card space.

You can customize employee access levels, enforce strict spending limits for each card, and even reimburse yourself for personal expenses to stay within your budget. Interestingly, you're rewarded based on how often you settle your balance. By paying weekly instead of monthly, you can earn up to times more points.

While the BILL Divvy Rewards program might not be the top choice for everyone, it could still be a strong motivator for many business owners to give it a try.