Revenued Business Card Review 2023

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

The Revenued Business Card - Product Name Only is a no-annual-fee business card that will consider approving you according to your business income (instead of your credit score). It's great for those with low credit scores — but it will do no good in helping you build credit, as the card won't show up on your personal credit report.

The card has a large bonus and a flat 3% return rate everywhere — but take caution before you apply. This card's mandatory "factor rate" fees can be a deal breaker.

Revenued Business Card Review: Is It the Best Credit Card for You?

The Revenued Business Card - Product Name Only has a handful of characteristics that (for better or worse) make it unique within the credit card world. This card competes with credit cards, but it's actually not one itself. It gives you a flex line of sorts for a portion of your future revenue.

Most notably, the card is similar to the X1 Card - Editorial Name Only in that it prioritizes your income instead of your credit score when deciding if you're a good candidate. This means that, so long as your business revenue is respectable, you could be eligible for the Revenued Business Card - Product Name Only even if your credit score isn't great. Your credit will not receive a hard inquiry when you apply.

This is an excellent card feature — those with a lower credit score often have difficulty being approved for small-business credit cards from other banks. If you're desperate for business funding and your credit is in a state that prevents you from opening a proper small business card, you might give this a look (though we recommend you consider it a last resort — we'll explain why).

This card earns 3% cash back on all purchases. However, this card also comes with some serious deterrents:

• Your business will need to gross a minimum of $10,000 per month to qualify
• You'll need a business bank account with a minimum average daily balance of $1,000 per day
• Sole proprietors don't qualify
• Your company must have been operating for at least six months

In other words, it's not good for those who have a moderately profitable side gig.

Now for the worst part: Though you won't be charged an annual fee, the Revenued Business Card - Product Name Only incurs unavoidable interest charges. You'll pay up to 49% in fees on the charges you make. That's the tradeoff you'll have to endure for such a relaxed application approval process.

If you've got a credit score above 700, we suggest you apply for other small-business cards, such as the Ink Business Cash® Credit Card - Annual Fee-annual-fee Ink Business Cash® Credit Card - Editorial Name Only. It comes with solid earning rates and an enormous welcome offer of Ink Business Cash® Credit Card - Intro Bonus. Plus, you're guaranteed to pay no interest if you pay off your bill in full each month.

Let's examine the Revenued Business Card - Product Name Only more closely to see if this is a card you should consider.

We're focused here on the rewards and perks that come with each card. These cards won't be worth it if you're paying interest or late fees. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

Revenued Business Card Rewards

Welcome bonus

The Revenued Business Card - Product Name Only comes with a welcome bonus of Revenued Business Card - Intro Bonus. For a no annual fee credit card, that's near the top of the market.

How to earn rewards

For those with a less-than-stellar credit score, finding a small business card that earns any meaningful amount of rewards is nearly impossible. The Revenued Business Card - Product Name Only bucks this trend.

To boot, you'll earn a flat 3% cash back on all purchases. That's well above average for a no-annual-fee cash-back credit card (though, as we'll see later, it's not quite as good as it sounds for most cardholders).

How to use rewards

The rewards you earn with the Revenued Business Card - Product Name Only are straight cash. It's simple to redeem, because you can use it for anything. There are no complicated strategies to learn, as is sometimes the case in the world of travel rewards. If you want to use it to lower your card balance, for rent, or any other of life's trivial expenses, it's easy to do.

Cash back collects in your account and can be redeemed once you've earned at least $10. It'll direct deposit into the bank account you've linked to your card.

Revenued Business Card Benefits and Features

This card doesn't promote a long list of features. Its appeal lies almost exclusively in the fact that it can be opened by those with bad credit.

Flexible credit line

The amount of money you're able to spend (called your Flex Line) on the Revenued Business Card - Product Name Only changes according to factors such as your income, business account savings, debt, etc. You can be approved for up to $100,000.

'Factor rate' fees instead of APR

Hear me out. Depending on your situation, this can be a benefit.

The Revenued Business Card - Product Name Only charges you based on "factor rate" instead of interest for a hanging balance. We'll show you how to calculate these below, but just know that you could be charged between 10% and 50% of your total bill — no matter how quickly you pay off your balance. That's a nightmarish thought for anyone who pays their credit card balance each month and never has to worry about interest fees.

However, if you plan to make a purchase that you can't pay off in the near future, factor rates could actually work in your favor — provided you receive a rate closer to 10%. Here's why.

Most rewards credit cards have interest rates exceeding 20%. That means:

• If you were to spend $1,000 on a card that enforces a 20% APR, you could pay off your card in 18 months by making $65 monthly payments. You'd be charged $166 in fees.
• If you were to spend $1,000 on the Revenued Business Card - Product Name Only with a factor rate of 10%, an 18-month payoff plan would result in just $100 in fees.

If you're the kind of company that will pay things off quickly, the Revenued Business Card - Product Name Only is probably not for you.

Revenued Business Card Annual Fee and Other Costs

The Revenued Business Card - Product Name Only charges a Revenued Business Card - Annual Fee annual fee. It also does not have any monthly fees. The card does not charge foreign transaction fees — but that's because you can only use it domestically.

This card doesn't charge interest for your balance, but instead a factor rate. Factor rates tend to be between 1.1 and 1.5. Every time you use your card, you will be subject to whatever factor rate Revenued has given you.

To determine how much you'll pay in fees, simply multiply your payment amount by your factor rate. For example, if you spend $2,000 and your factor rate is 1.1, you're guaranteed to pay $2,200 — that's $200 in fees ($2,000 x 1.1). When you make a purchase, you will immediately owe whatever percentage your factor rate dictates.

The 3% cash back does its part to mitigate these fees slightly — but just know that you're never going to come out ahead.

How the Revenued Business Card Compares

Revenued Business Card vs other no-annual-fee cash-back business cards

Revenued Business card vs other business cards for lower credit scores

Revenued Business Card Frequently Asked Questions

Is the Revenued Business Card a credit card?

Interestingly, the Revenued Business Card is a hybrid flexible spending line and prepaid card. It provides a flex line to you in return for a fee based on your projected future revenue. Your credit habits are reported to Dun & Bradstreet, a company that feeds your information to the Small Business Financial Exchange (which manufactures a business credit score for you).

What credit score do you need to be approved for the Revenued Business Card?

You don't even need a credit score to be approved for the Revenued Business Card. Revenued looks at your business income when deciding to approve you — not your credit.

Who is eligible for the Revenued Business card?

If you own a business (not a sole proprietorship) that grosses at least $10,000 per month, you may qualify for this card. However, you'll also need to have been in business for at least six months. You'll also need a business bank account with an average minimum daily balance of at least $1,000 — and you must never have more than three days of negative bank balance.

Methodology: How we reviewed the Revenued Business Card

We've compared the Revenued Business Card against other similar no-annual-fee small business cards. Weighing the card's welcome bonus and easier-than-usual application process with its mandatory (and potentially sky-high) interest rates, we've pegged the Revenued Business Card at a modest 3 out of 5 stars.