Laurentian Bank Visa Business Cashback credit card
Optimize your expenses!
Laurentian Bank Visa* Business1 and Business Performance1 cards offer advantages well beyond those of a regular credit facility. Featuring one of the longest payment terms in the industry, these business cards allow you to keep close tabs of company expenses while simplifying your accounting and cutting down on operating costs.
Big or small, your company will get every penny’s worth from the Visa Business credit cards!
Unparalleled control of your business expenses!
- One of the longest payment terms in the industry.
Benefit from 28-day payment terms from the date your Account Statement is mailed. - Yearly management report and consolidated monthly statement.
Easily monitor your expenses, manage cash flows and control expenses. Receive a detailed report sorted by purchase category. - One single account for one or multiple cards, depending on company needs
Split the account’s overall credit limit between several Laurentian Bank Visa Business credit cards.
For added flexibility, you can group Visa Business and Visa Business Performance cards under a single account.
Take a look at the examples below :
| SELF-EMPLOYED WORKER |
TYPE OF CARD
|
| Overall credit limit $5,000 | Visa Business Card |
| COMPANY Overall credit limit for the account $25,000 |
TYPE OF CARD
|
| President Individual limit $17,000 |
Visa Business Performance Card |
| Vice President Individual limit $6,000 |
Visa Business Performance Card |
| Sales Representative Individual limit $2,000 |
Visa Business Card |
Top-notch coverage
Automatic insurance coverage offered to Visa Business and Visa Business Performance cardholders
- Auto Rental Collision/Loss Damage Insurance2
For more details, refer to the summary of the insurance product and to the insurance certificate. - Purchase Insurance and Extended Warranty3
For more details, refer to the summary of the insurance product and to the insurance certificate. - Travel Insurance4: Hospital, Medical and Paramedical, Trip Cancellation, Delayed Baggage, Public Transport Vehicle Accident
For more details, refer to the summary of the insurance product and to the insurance certificate.
Very profitable
- Cashback up to 1.25% on the Visa Business Performance card
A very generous cashback program:- Basic 0.75% cashback as of the first dollar charged to the account.
- Additional cashback of 0.50% on the monthly volume of purchases exceeding $3,000.
- The cashback is credited monthly to the account.
| EXAMPLES | ||||
|---|---|---|---|---|
|
Average monthly purchases |
$2,000
|
$5,000
|
$10,000
|
$20,000
|
| Basic 0.75% cashback as of the first dollar charged to the account5 (annual total) |
$180
|
$450
|
$900
|
$1,800
|
|
Annual 0.50% cashback on the monthly volume of purchases exceeding $3,000. |
$0
|
$120
|
$420
|
$1,020
|
|
Total annual cashback |
$180
|
$570
|
$1,320
|
$2,820
|
| FEATURES OF THE LAURENTIAN BANK Visa BUSINESS CARDS | ||
|---|---|---|
|
Visa Business
|
Visa Business Performance
|
|
| 28 days: one of the longest payment terms in the industry |
x
|
x
|
| Yearly management report, sorted by purchase category and by card |
x
|
x
|
| Insurance: Public Transport Vehicle Accident Auto Rental Collision/Loss Damage Purchase Insurance and Extended Warranty |
x
|
x
|
| Travel insurance: Hospital, Medical and Paramedical Trip Cancellation Delayed Baggage |
-
|
x
|
| Up to 1.25%5 on purchases |
-
|
x
|
| Credit card's documentation |
|---|
Apply today for a Laurentian Bank Visa Business card!
Contact your branch advisor, your Account Manager, or dial 1-877-522-3863 (Toll free) for more information.
*Trademark of Visa Int., used under license.
Legal notice
1. Annual interest rate of 19.99%. Each Visa Business card is subject to an annual fee of $20.
Annual fees are $110 for the principal Visa Business Performance card and $50 for every additional card. Annual fees are non-refundable.
2. Auto Rental Collision: Underwritten by Chubb Insurance Company of Canada. Some conditions apply. For more details, refer to the summary of the insurance product and the insurance certificate.
3. Purchase Insurance and Extended Warranty: Issued by the Industrial Alliance Pacific General Insurance Corporation and Canassurance Insurance Company. 90-day purchase insurance warranty against theft or accidental damage for items purchased using your card, and extension of the manufacturer’s warranty up to a maximum of one year. Subject to the conditions applicable to each item. Some conditions apply. For more details, refer to the summary of the insurance product and the insurance certificate..
4. Travel Insurance: Issued by Canassurance Insurance Company for the Public Transportation Vehicle Accident Insurance benefit, and by Industrial Alliance, Insurance and Financial Services Inc. and Canassurance Insurance Company for the other benefits. Only persons aged 75 years and under are eligible to this hospital, medical and paramedical care and services insurance coverage. Maximum 31 days for cardholders 65 years of age or under and 15 days for cardholders over 65 years of age for the hospital, medical and paramedical care and services insurance coverage. Some conditions apply. For more details, refer to the summary of the insurance product and the insurance certificate.
5. Credited monthly to the Visa Business account. Certain conditions apply. For details call 1-877-522-3863 (Toll free)
