Published on April 10th, 2014 | by William Charles1
Visa Savings Edge Review – Why You Should Enroll With All Of Your Business Cards
Visa Savings Edge is another rewards program that is for Visa business cards. Rewards can be earned on top of your existing rewards program with your card issuer. With visa savings edge you earn anywhere from 1-20% cash back when you make a purchase with an enrolled Visa business card. Cash back that you earn appears as statement credit automatically on future statements.
How To Enroll
Step One – Find Out If You’re Eligible
Not all Visa Business cards are eligible for this program, but you can find out if your card is by entering the first six digits by clicking here and then clicking “Is Your Card Eligible?”.
Step Two – Enroll
Next you’ll need to fill out the enrollment form which asks for all of the standard information. Once complete you’ll receive an e-mail which you’ll need to confirm. You don’t need to fill out this form for every card you have, once you have an account you can add up to ten different cards.
As you’d imagine, most of the partners have some type of business offering but there are some you’d use for everyday expenses as well. The following companies are currently participating with the Visa Savings Edge program:
- ADT – 10%
- Auto Zone – 2%
- Bing Ads – 5%
- Buca di Beppo – 2%
- Chevron – 1%
- Coffee For Less – 5%
- Da Vinci – 5%
- Data.com – 15%
- From You Flowers – 8%
- Go Diva – 8%
- Health advocate – 15%
- iStock – 25%
- Microsoft Dynamics CRM Online – 5%
- My Express Freight – 10%
- Office Furniture – 5%
- Practical Ecommerce – 20%
- Red Robin – 1%
- Sears Parts Direct – 10%
- Standard Legal – 10%
- Staples 1%
- Texaco – 1%
- Umbra – 5%
- Wall Street Journal – Save $3
Why Does Visa Do This?
They do it for a few reasons, firstly their competition (AmEx with Open Savings & MasterCard With Easy Savings) both offer a similar way for businesses to save. Secondly they do it so they can accumulate data on businesses which they wouldn’t otherwise have access to. This data is extremely valuable and helps Visa target their existing and future product updates.
Retailers could join for a variety of reasons, the largest being that Visa most likely offers them a discounted processing rate (meaning it’s less expensive for them to accept ALL visa cards) which would make a significant difference to retailers bottom lines. They also do it as a way to get new customers into their doors that might not of otherwise given them a go.
If you have a Visa business card you’d be silly not to sign up for the Visa savings edge program. My favorite part of this is the fact it’s stack-able, this means I can use it with offer bonuses to double and triple dip and earn bigger and bigger rewards.
What do you think of Visa Savings Edge? What’s your favorite participating retailer? Let us know in the comments.
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