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| Company Visa |
The Barclaycard Company Visa card is the perfect solution when those company expenses have to be incurred while away on business. There is no more need for petty cash! Manage your company expenses better with Company Barclaycard.
Features / charges:
- Company turnover of > Kshs 10M per annum
- Joining fees of Kshs 4000 per card
- Tiered annual fees per card (depending on number of cards issued to the company)
- 1-3 cards = Kshs 3000, 4-9 cards = Kshs 2400, over 9 cards = Kshs 1800.
- The limit approved for a company can be distributed among different cardholders approved by the company.
What are the benefits of the Company Barclaycard?
- It offers a safe and flexible way to control business spending.
- It is more convenient and cheaper than writing business cheques and eliminates the need for petty cash.
- It is International, issued under the Visa sign and accepted in over 30million outlets worldwide.
- It leads to improved cash flow for the company as payments are consolidated and settled in one monthly payment.
- The company is always in control as it sets the overall company credit limit and sets an appropriate credit limit for each of its nominated cardholders.
- Monthly individual statements offer a breakdown of the cardholders spend for confirmation before payment by the account department.
- A monthly summary showing the total Company outstanding is mailed to the designated contact person in the Company.
Joining Criteria
To qualify for a Barclaycard, you need to:-
- Be aged over 18 yrs
- Earn a regular monthly income
- Own a bank account for over 6 months
- You do not have to bank with Barclays with exceptions of Prestige Barclaycard
- Must be a resident of Kenya
Requirements For Company VISA
- A guarantee in form of a fixed deposit equivalent to required card limit.
- A guarantee from Banker.
- Copy of IDs for company directors (new)
- Filled application form
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