Top Prepaid Business Cards Perfect for Startup Entrepreneurs

As the landscape of financial tools evolves, prepaid business cards have become a vital resource for entrepreneurs. Differing from standard debit or credit cards, these prepaid options are tailored specifically for business needs, especially supporting small enterprises with limited initial credit. They offer a streamlined way to manage expenses across teams or staff, allowing owners to load any desired amount. Additionally, prepaid cards often cost less than traditional methods like checks or cash transactions, making them a cost-effective choice for growing businesses.

Key benefits include expense management and cost savings, making prepaid business cards a strategic tool for startups and small firms.

Here are two leading prepaid business cards ideal for entrepreneurs:

Netspend - The Netspend Small Business Prepaid Mastercard® provides features like up to 10 subaccounts after verification, with a maximum balance of $25,000. Employees have spending limits of $5,000 daily. The card can be issued within 7-10 days, with no annual fee. Funds can be loaded via cheque, ACH, or direct deposit at over 130,000 locations, typically within 2-3 days. Subaccounts cost $1.95/month, while the main account is $10/month. It offers rebates on eligible purchases through Mastercard Easy Savings, which requires coupons or codes.

Bento - Bento provides a prepaid Mastercard with a free 60-day trial, requiring only 5 minutes to set up with no fees. It also offers two additional free cards, allowing for increased spending capacity up to $25,000. These cards can function as employee, project, or expense cards, providing flexibility. A key feature is the interactive dashboard, offering an overview of activity, and seamless integration with QuickBooks for automated bookkeeping and reporting, simplifying expense management for small businesses.