BILL Divvy Corporate Credit Card Reviews: Is It Right for Your Business?

It can be hard to choose the right credit card for your business. You’ll find cards listed that do not have an annual fee, those that waive the foreign transaction fee, and a host of rewards card options.

There are BILL Divvy Corporate Card reviews all over the internet. Most of them are in agreement when it comes to the verdict, but they all get there a different way. Is a BILL Divvy Corporate Card right for your business? 

What is BILL Spend & Expense?

First and foremost, BILL Spend & Expense (formerly known as Divvy) is an expense management system. Divvy was recently acquired by BILL as a result of the increasing number of customers that were looking for help with money management. 

The platform is designed to help businesses manage their finances by integrating with accounting systems and helping them control spending in a streamlined manner. 

In reality, it’s not meant to be a funding mechanism. The business card is just a means to an end. It’s a centralized way to manage spending.

It is not meant to be a business funding option on its own, but rather, a tool for business owners to use for more effective and efficient money management. They offer a lot of great features that allow business owners to control spending, manage expenses, and even handle accounts payable.

The system allows you to see transactions in real time and send funds in seconds via mobile or desktop. You can also issue cards to employees (virtual or physical cards) and give them direct access to funds with a spending limit you set. 

This not only cuts down on expense reports, but also helps with budget management. That is the main purpose of the card. The system currently integrates with Quickbooks Online, Oracle Netsuite, and Sage Intacct. Integration with Xero and Quickbooks Desktop is expected soon. 

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How much does a BILL Divvy Corporate Card cost?

It’s free. There are no hidden fees or contracts. They make money every time users spend money on a BILL Divvy Corporate Card. Each time, the merchant pays a fee to Visa, as well as the issuing bank. That fee is shared with BILL Spend & Expense. 

This is in stark contrast to some other similar systems, which may offer free cards but charge a fee for the money management system. Furthermore, since the card is a charge card that must be paid off monthly, there is no interest. That makes using the BILL Divvy Corporate Card 100% free. 

Pros of the BILL Divvy Corporate Card:

Other than being free, other pros include the following.

Streamline Money Management

BILL Spend & Expense allows business owners to manage spending, expenses, and accounts payable all in one place. The system allows you to see transactions in real time, and send funds in seconds via mobile or desktop.

Budgeting is made easy due to the fact that BILL Spend & Expense’s budgeting software syncs automatically with employee credit cards. This allows business owners to stop overspending at the source. There’s no need to constantly remind and nag. Just stop it before it happens. You can even see spending in real-time by team, project, department, or individual budget.

This makes budgeting for the year, quarter, or month much easier. However, it makes sticking to the budget easier as well. Traditionally, spend is tracked after the fact as receipts are turned in. With the ability to set control on the front end and see and approve spend in real-time, sticking to the budget is made easier as well. 

Manage Spending with Ease

The ability to issue cards to employees, either virtual or physical cards, makes spend tracking easy. Administrators give card holders direct access to funds with a spending limit they set.

Expense report tracking becomes nothing more than a tap on the screen, and managing the budget is just as easy. That is the main purpose of a BILL Divvy Corporate Card. 

One of the biggest time saving features is the automation of expense reports. Each time a card is used, you are notified in real time. The employee can capture receipt information directly into the systems, and it only takes a few taps to approve the expense, or not. 

Set up automated rules that ensure expenses are categorized and synched seamlessly each month. That’s one of many reasons why BILL has made it on our Best Virtual Credit Cards article.

Transactions are automatically sent to your accounting system, and a big part of the month end closing process is already done. If you have bad credit and would like to start building it, you can also check out our Credit Cards for Bad Credit [No Deposit Needed] article.

Software Integrations

The system currently integrates with Quickbooks Online, Oracle Netsuite, and Sage Intacct. Integration with Xero and Quickbooks Desktop is coming soon. 

These integrations are vital, and they are the crux of how BILL Spend & Expense does all it claims. If your accounting software is not compatible, you lose a huge amount of the benefit and functionality that comes from the automated synching of transactions with accounting systems. 

BILL Spend & Expense also now offers an integration with Slack as well. Businesses can create and manage BILL Spend & Expense fund requests within Slack for maximum efficiency. The ability to simply send a Slack message with a request is a major time saver. 

New software integrations are coming, but being aware of what is currently offered versus what your business uses will ensure you get all of the functionality BILL Spend & Expense has to offer. 

Payment Services 

With BILL Spend & Expense, you can skip manual data processing, check cutting, and envelope licking. You have the option instead to send BILL Spend & Expense a list of the invoices to be paid, and it’s handled from there. 

Paying with BILL Spend & Expense helps you earn rewards, and you can create vendor-specific virtual cards. This allows you to set limits to prevent vendors from charging more than what was agreed upon. The savings from this feature alone is valuable. 

You can relax knowing that there will not be a charge that is more than you expect without you knowing about it on the front end. It’s much easier to correct this type of issue before the funds have been paid. 

In addition, you can see the real-time status of your virtual card payments by vendor. You’ll be able to keep track of who has been paid and who hasn’t easily. If a vendor questions a payment, the information will be easy to access, and you can handle things in stride. 

Business Credit Building

BILL Spend & Expense has more than one way of underwriting, so if you do not qualify with traditional underwriting, they can look at other factors for approval. There is really no elaboration on what these may be. But, often it is monthly income, time in business, and the like. 

One major benefit of this card is that they report positive payment history to both the Small Business Finance Exchange (SBFE) and Dun & Bradstreet. That means this card does help you build your business credit score. 

Since only 7% of companies that offer credit to businesses actually report positive history, this is big. One of the hardest things about building business credit, in the beginning, is finding accounts that will report positive history. Most only report missed payments. 

It’s important to note that one account reporting is not enough. You need a lot more than that before you have a business credit score at all, let alone a good one. It’s a challenge, but BILL Spend & Expense is definitely one way to get at least one account reporting. You can also check out our The Best Business Cards with EIN Only or Startup Business Credit Cards with No Credit articles for more information on building business credit.

Cons of the BILL Divvy Corporate Card

The online reviews for the BILL Divvy Corporate Card offer a mixed bag. The negative reviews and complaints are mostly from those looking for a business credit card.

Those looking for money management services seem to be pleased. Here are some of the more common complaints.

Unclear or Hard to Find Information

It seems they are not clear on a lot of things, or at least, they do not make the information easy to find, relating to how the card works and rewards.

For example, there was a complaint that this is a charge card rather than a credit card. With a charge card, the balance must be paid in full each month.

This would explain why there is no interest rate information as is typical with any other credit card. There is no interest because the card carries no balance. 

It took a lot of digging to confirm that the BILL Divvy Corporate Card is a charge card. It pulls against a line of credit. 

It is not a credit card, and therefore you cannot carry a balance. This information was definitely not easy to find on the website. Muddying the water further is the fact that they refer to the card as a credit card multiple times. 

Restrictions on Rewards Earning

Another noted that card rewards are not earned unless you use at least 30% of the credit line.

I could not find verification of this. That doesn’t mean it isn’t true, but it certainly is not information on the front end. If rewards are important to you, be aware of this possibility.

While not making this or any information clear is a definite drawback, the minimum usage for rewards, if it is true, will not affect you if you stay over 30% of the credit line. While some businesses will not, many businesses will likely hit that threshold. 

It might be wise to review the potential rewards and consider how important they really are.

Bad Better Business Bureau Rating

They have an F rating at BBB.org. It’s hard to tell how bad this really is, as people are much more likely to report negative experiences to the Better Business Bureau.

Any negative report is going to bring the grade down very quickly. Reading through the complaints, it is clear that many of them are a result of users not really understanding the system. Some others are a result of not reading the fine print. 

It’s important to note, the company did respond to the complaints and worked to make them right if they were in the wrong. They responded to each one with their side if it was different, an explanation if warranted, and a noted attempt to make right any actual wrong that may have occurred. 

BILL Divvy Corporate Card Features

BILL Spend & Expense offers a host of features that are nice to have in a small business credit card.

Alternative Underwriting

They know each company is unique. As a result, BILL Spend & Expense offers various ways of underwriting in an effort to offer each business a credit line that fits their specific needs.

Employee Cards

A card for each employee allows business owners to empower employees with a BILL Divvy Corporate Card of their own. Each card is linked to spend controls set by the owner of the business.

Software Integration

They offer powerful software for desktops and an app with a 4.7 star-rating as of 1/23/23.

These integrations mean that neither you nor your employees have to change the way you do business.

Rewards and Offers

With BILL Spend & Expense, you can earn points and get offers from partners like FedEx, Amazon, Costco, and more.

BILL Divvy Corporate Card rewards allow customers to earn reward points when they spend using a Divvy card.

There are a number of redemption options including cash, statement credit, travel reimbursement, and a number of gift card options.

BILL Divvy Corporate Card reward points may be earned by all spenders, but they can only be redeemed by an account admin. They are only earned on eligible purchases as well, so be sure to read the fine print for those.

Partner Offers Include:

• Google Ads: Get $150 off
• Fedex Office: $15 off any print order
• Costco: $50 off becoming a new member
• MileIQ: 20% off an annual subscription
• Verizon Wireless: Get $50 off your new phone
• Lyft: $10 off your first ride
• TSheets: 20% discount on first three months
• Carta: 20% discount on first year subscription & waived implementation fees
• Adobe CC: $20 off Creative Cloud – all apps
• Avis Car Rental: Up to $25 off plus get a free single upgrade
• Vistaprint: $10 off and free shipping on first order of $50 or more
• Deskpass: 30-day free trial & 20% off the first year at over 600 coworking spaces.
• Gusto: 25% off first year subscription
• Uber Eats: $5 off your first 3 orders
• Grubhub: $12 off purchase of $15 or more 
• BambooHR: $200 account credit
• Enterprise Rent-A-Car: Up to $25 off plus get a free single upgrade
• Notion: If you’re a startup, apply to get going with $500 in credit for Notion. 

Is BILL Spend & Expense Safe?

It seems to be. They use an advanced third-party platform to monitor transactions in real-time. This helps prevent fraud effectively and efficiently.

Of course, nothing is 100% full proof. This is a new company, and it appears to be making its way well among the new-ish niche of expense management options. 

They offer what appears to be smooth integration with common accounting systems and there aren’t any complaints of glitches in this area that are widely reported. 

Just be sure to take precautions on your end as well. BILL Spend & Expense seems to have a good handle on security, but it is your business. No one will protect it like you. 

That means keeping an eye on things daily. Be on the lookout for anything that doesn’t seem right, and if you do notice something, report it to BILL Spend & Expense immediately. 

Our Verdict

In the end, this is a great tool for managing business financing. One major reason for this is that they can help you build credit for your business. If you are looking for a way to make managing business funds easier, BILL Spend & Expense is a good choice.

If you mainly need a business credit card, you may be better off with something else. It isn’t really even a corporate credit card since you cannot carry a balance.

Of course, if you need another account reporting to your business credit, you can check out our other options as well.

Just remember, you definitely need more than one account reporting to build strong business credit.

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Also Read:

• 5 Startup Business Credit Cards with No Credit
• 5 Secured Business Credit Cards That Report to D&B
• Ramp vs Brex: Which Is Better?
• Business Credit Cards vs. Personal Credit Cards
• The 8 Best Business Cards with EIN Only