Small Business News

Visa Relaunches Small Business Rewards Platform SavingsEdge

by Kyle BurbankJun 13, 2024

Small business owners with Visa business cards can once again earn rewards via SavingsEdge.

About the relaunched program:

Visa has officially relaunched its SavingsEdge platform following a short hiatus. The updated tool includes some enhanced features, new offerings, and more. These changes are meant to “support smarter spending and saving.”

According to Visa, the new SavingsEdge includes hundreds of new merchant offerings. This includes Instant Coupons and Cashback Offers in such categories as travel, dining, business services, electronics, and more. Cardholders will also now get real-time notifications when a qualifying transaction earns cashback. Similarly, using a cashback tracker, cardholders can easily view their savings.

Looking on SavingsEdge, some current Cashback Offers include 2% back on Expedia, 2% back in-store at Petco, 2.5% back on Target.com, 1.5% back on Apple online purchases, and more. Additionally, featured Instant Coupon deals include 10% off annual plans for SignNow, 30% off business plans for Keeper Security, up to 40% off monthly Premium WeTransfer plans, etc.

Because of this update to the platform, business cardholders who had previously linked their cards to SavingsEdge prior to May 17th, 2024 will need to relink them to the new platform. This can be done by providing an email address as well as the card number. New users will also be required to enter their name and create an account by entering a password. Visa SavingsEdge is currently available to those with Visa Business Debit, Credit, or eligible Prepaid cards.

What they’re saying:

Announcing the relaunched site, Visa SVP and North America Head of Visa Commercial Solutions Veronica Fernandez said, “Owning a small business can present challenges, and businesses need every advantage they can get, no matter the economic climate. We know it’s important for business owners to save on products and services they need to run their business smoothly.” Fernandez continued “Visa SavingsEdge has delivered value to cardholders and issuers for years. Through this investment, we’re unlocking even more ways to save for Visa Small Business cardholders.”

My thoughts:

Although I’d heard about SavingsEdge previously, I had never signed up for myself (mainly because I forgot that I had a qualifying card). However, looking at the new version, it simultaneously seems easier to use and more generic overall. That said, there are some fairly attractive deals to be found. Plus, since these are card-linked offers, they should stack with cashback portals like Rakuten. So, if you’re a business owner with a business Visa debit or credit card, be sure to give the updated SavingsEdge service a shot.

Author

Kyle Burbank

Head Writer ~ Fioney

Kyle is the head writer for Fioney. He is a personal finance nerd, constantly looking for new apps and services to test and incorporate into his own financial game plan. In addition to his role at Fioney, he's written for other publications including Born2Invest, Lifehack, and Laughing Place, as well as his own site Money@30. He also creates personal finance and travel-related videos for Fioney's YouTube channel, which has garnered more than 2 million views. Currently, Kyle resides in Springfield, Missouri with his wife of 10 years. Together, they enjoy traveling (including visiting Disney Parks around the world), dining, and playing with their dog Rigby.

Citi to Become Exclusive Issuer of American Airlines Credit Cards

by Kyle BurbankDec 5, 2024

American Airlines and Citi have reached a new agreement for their co-branded rewards credit card partnership — which will also push a different issuer out of the picture. About the new agreement: Today, Citi and American Airlines revealed that they've signed a deal to extend their co-branded partnership. The new agreement is for 10 years and comes after 37 years of the two companies working together. As part of the...

woman standing in front of Small Business Saturday sign

Small Business News

2024 Small Business Saturday Spending Totals $22 Billion

by Kyle BurbankDec 4, 2024

The results from the 15th annual Small Business Saturday are in. About Small Business Saturday 2024 spending: With Small Business Saturday taking place on November 30th, the impact of this year's event is now being seen. According to figures from American Express — the credit card issuer that founded Small Business Saturday in 2010 — consumers in the United States are projected to have spent $22 billion at independent shops and...

AMEX Gold card moving to an AMEX Green card

Credit Card Reviews

Why I Downgraded From the Amex Gold Card to Amex Green Card

by Kyle BurbankDec 3, 2024

This week, I did something I'd never actually done before: I canceled a credit card. Well, technically, I did a product change — but that's close enough. That's right, I made good on my threat to ditch the Amex Gold Card after the recent update and, instead, will now be an Amex Green Card customer for the first time. So, why did I decide to make this change, what was the...