A Flexbase Credit Card Review And Introduction

As a business owner, you know how inflation and supply chain disruptions have impacted cash flow cycles. Flexbase offers a credit card that can help you optimize your cash flow. But, is Flexbase worth it? Can it really help your business grow? Read this quick guide to Flexbase credit card reviews to decide for yourself.

Who is Flexbase?

Flexbase is an innovative financial technology company based in Miami, Florida. Flexbase empowers businesses to do more with their cash flow with a radical approach to business credit cards: giving them significantly more time to pay for their purchases without interest. Since Flexbase isn't a traditional bank, they have the freedom to provide cutting-edge, business-friendly tools to their customers through a finance super app. Flexbase has built many smart technologies like customizable cards, spending limits, and fraud detection into the Flex Card.

How Does Flexbase Work?

Any Flexbase credit card review must start with the core features of the card, which are extensive.

For starters, the Flexbase credit card offers a unique sixty day, 0% interest feature allowing businesses to stretch their working capital out over a longer time frame, especially in comparison to other cards like American Express or Chase. This allows you to buy supplies or services needed to operate, but pay for them over two full months, without accruing interest.

In independent Flexbase credit card reviews, business owners reported that the sixty day interest-free period helped them grow faster than their regular cash flows would permit. They avoided the drain of credit card payments while waiting for their customers to pay.

The second core tenet of the Flexbase credit card is the suite of smart tools built-in to the app. These tools include:

• Free cards for employees with customizable spending limits
• Receipt upload with memo functionality, allowing you to easily track spending by project
• Accounting integrations that make tax time easier for driven business owners

In addition to these business-first features, the card has no annual fee, something business owners love.

Flexbase Credit Card Review - Pros

As a card geared towards owners of growing businesses, the Flexbase Credit card hits the mark in several areas.

Credit Card Limits

Any Flexbase credit card review has to point out the generous credit limits available. These limits can be as much as ten times higher than other business cards. In addition, Flexbase calculates your credit limit based on your business revenues, not your credit score. This can be a true lifesaver for owners with stellar businesses, but poor credit.

Flexbase also offers the chance for your credit limit to increase as your revenues grow, making it ideally suited to businesses that grow rapidly.

How Does Flexbase Work At Tax Time?

Smart-expense tracking and Quickbooks integrations make tax time easier. Digitization of receipts means you no longer have to save shoeboxes of receipts and drag them to your accountant. Instead, Flexbase helps you get your taxes out of the way so you can get back to growing your business.

0% Interest For 60 Days

Of course, most Flexbase credit card reviews are going to highlight the unique sixty day billing cycle for purchases. Customers use this money-saving feature to manage and optimize cash flow. The fact that this is a permanent feature, not an introductory rate, puts the Flex Card on the short list of pro-business credit cards.

Flexbase Credit Card Review - Cons

The most notable potential negative for this business credit card is the lack of reward points or miles. Clearly, most people are used to earning rewards for using their credit cards. Yes, these are nice. But, if you’re pouring your life into a growing business, do points or rewards help you scale faster? Do they extend your cash flow, allowing you to take on more projects, increasing your bottom line?

So, if you’re asking yourself, is Flexbase worth it, you can’t forget the 0% interest rate for sixty days feature. Taking advantage of this means you can avoid paying interest rates of 28% or higher. This feature alone could save you tens of thousands of dollars in interest each year. These savings could outweigh any points or rewards from other cards.

Flexbase Credit Card Review - Final Take

The Flex Card, from Flexbase, is a precision cash flow management tool for owners of growing businesses. The higher credit limits and generous sixty day interest-free period can help you do more business even while you’re waiting to be paid by your customers. All that, and there’s no annual fee, either.

If having sixty days to pay for your capital goods and services sounds good to you, apply for the Flex Card today with a simple application that won’t impact your credit score.