Truist Financial’s New Premium Visa Infinite Card
Truist Financial Corporation has just launched its Truist Business Premium Visa Infinite card, setting a new benchmark for small business credit solutions. This card is distinctly crafted for small enterprises that handle substantial annual expenditures. By launching this product, Truist distinguishes itself as the first super-regional bank to offer a Visa Business Infinite card, thereby increasing access to premium financial tools focused on simplicity, growth, and scalability.
Addressing Small Business Needs
Based in the Southeast, one of the most rapidly expanding economic regions in the United States, Truist is positioned perfectly to back entrepreneurs in a thriving marketplace. The launch reflects the bank's dedication to innovation and its deep commitment to relationship banking. It aligns with Truist’s strategy to modernize payment options, enhance digital tools, and establish stronger connections with business owners in strategic growth areas.
The new Visa Infinite card, obtainable solely through Truist branches and business banking teams, promises several benefits aimed at simplifying cash flow management for companies. Notable features include:
- - 2% unlimited cash back on all purchases
- - A 10% loyalty cash bonus when redeeming rewards into a Truist Business Deposit account
- - A $1,000 welcome bonus after spending $15,000 in eligible purchases within the first 90 days
- - Unsecured credit lines ranging from $15,000 to $100,000 for qualified applicants
- - No foreign transaction fees
- - Visa Infinite perks such as a 24/7 concierge service, trip delay coverage, and auto rental protection
Chris Ward, the Head of Enterprise Payments at Truist, emphasized, “This card is designed for business owners who want premium benefits without the hassle. It is built on the principles of simplicity, speed, and safety—delivering clear rewards, robust protection, and seamless integration with our clients' existing engagements. We aim to empower small businesses to grow with confidence and control, and this card is a pivotal step in that direction.”
Enhancing Operational Efficiency
Research shows that nearly 80% of small businesses utilize credit cards for operational expenses, with around half relying on cash-back rewards to reinvest in their operations. The Truist Business Premium Visa Infinite card emerges as a strategic answer for entrepreneurs aiming to maximize financial efficiency while easing cash flow management.
Denise Press, Head of Small Business, NA, Visa Commercial Solutions remarked, “Visa is thrilled to partner with Truist in offering a solution that meets the evolving needs of small businesses. This card embodies our shared vision of enabling smarter, more effective spend management and facilitating business growth.”
Conclusion
With a $299 annual fee, waived in the first year and potentially in subsequent years with qualifying spending, the Truist Business Premium Visa Infinite card stands to redefine how small businesses manage their finances. With an emphasis on exceptional customer service and relevant financial benefits, Truist is poised to assist countless entrepreneurs in navigating growth opportunities with newfound confidence.
For more information about this innovative offering, visit
Truist.com/BusinessPremium. The card is available subject to credit approval.
About Truist
Truist Financial Corporation is dedicated to enriching lives and building better communities. Headquartered in Charlotte, NC, it prides itself on being a key player in several high-growth markets in the U.S., offering an extensive array of products and services through its diverse banking and investment networks. Truist Bank is a proud member of the FDIC.