Unlimited Cashback on Card Spending - Business...

Why is “unlimited cashback” so sought after by businesses?

Currently, card spending has become a positive habit not only for individuals but also for large and small businesses. Not only that, card ownership will almost be a prerequisite for businesses when the draft Decree guiding the Law on Value Added Tax proposes that goods and services worth VND 5 million or more must have non-cash payment documents. The problem to be solved now is choosing which bank to open a card at to get the most benefit for the business's costs and cash flow management.

With the experience and capacity to accompany businesses over the years, VPBank understands what customers need in the changing era, which solutions are suitable for each operating model, therefore VPBank is ready to break down the limitations and barriers in increasing benefits for customers, the "unlimited refund" policy is proof.

Instead of limited and time-limited refund policies as usual in the market, VPBank has now decided to "play big" by offering unlimited refunds for credit and debit cards for businesses. Accordingly, it not only helps customers save maximum costs, earn "profits" of up to tens of millions of VND per month, but also enjoy priority and premium services.

Applying the card refund policy, a representative of a fashion manufacturing company in Hanoi said that every month the company uses VPBiz Standard card to pay for advertising expenses, the refunded amount is up to 50 million VND. In a year, the refunded amount is up to 600 million VND, this significant cost savings the company can use to spend and invest in other items.

Tips to maximize benefits from corporate cards

“Every penny saved is an opportunity to invest in the development of the business” - this motto has become more practical than ever in the current volatile economic period. Understanding that, VPBank does not offer a general policy but designs it appropriately for each group of business models, clearly showing that each card line will bring its own benefits.

Typically, with the VPBiz Standard credit card, businesses get an unlimited 1% refund on advertising spending and 0.1% on all other spending. This type of card is completely suitable for businesses that are promoting and doing business on online platforms.

With the premium VPBiz Platinum card line, cardholders can put aside worries on every business trip because there is now an unlimited 1% cashback policy for foreign currency spending transactions along with a series of privileges such as using airport lounges, Fasttrack services or golf courses...

Not only stopping with credit cards, the unlimited cashback policy for VPBiz Debit cards is also a breakthrough with a cashback rate of up to 0.5% for all spending areas, bringing maximum benefits to customers even with daily spending.

Thus, owning a pair of corporate debit and credit cards at the same time is the secret to earning more “profit” than owning just one card line. And it is essential that businesses need to update information on bank incentives for each type of card to allocate appropriate usage purposes, because that is the “golden key” to optimizing business cash flow.

More than just a payment tool, VPBank's corporate credit card is also a powerful assistant in mobilizing flexible capital with a limit of up to 3 billion VND, immediately meeting short-term business needs. The addition of a series of privileges has made VPBank's corporate card a symbol of class and professionalism, helping businesses affirm their position in the eyes of domestic and foreign partners.

“VPBank pioneered the implementation of an unlimited cashback policy to provide a superior cash flow management solution, helping businesses create a flexible, transparent and adaptable financial ecosystem to market movements... With a customer-centric orientation, VPBank is affirming its leading role in financial digital transformation, promoting cashless payments and enhancing the competitiveness of the Vietnamese business community,” shared a VPBank representative.

For more information, please visit: https://www.vpbank.com.vn/doanh-nghiep-vua-va-nho/dich-vu-the

Source: https://baodaknong.vn/hoan-tien-khong-gioi-han-khi-chi-tieu-bang-the-gioi-doanh-nghiep-bat-ngo-voi-chien-dich-choi-lon-nhat-thi-truong-cua-vpbank-252641.html