Divvy, $500 Bonus for New Business Account
Divvy offers a free-to-use expense management software and a Visa business card. You can use Divvy to automate expense reports, set budgets across teams, and get real-time insights into your company spend. Plus, earn flexible rewards. Divvy was recently acquired by Bill.com and is officially known as Divvy by Bill. Now there’s also a $500 bonus for new applicants, and it only requires $500 in spending. Check out the details below.
Offer
Get a $500 statement credit when you spend your first $500 on Divvy. Here’s how it works:
- open an account within 60 days of responding to this offer
- spend a minimum of $500 in Net Purchases on their Divvy business card within 45 days of account creation
- complete a balance payment of over $500 per the account payment terms.
BONUS PAGE
Divvy will apply the $500 incentive as a statement credit to your divvy account within 60 days of your first successful balance payment over $500.
Offer Terms
- Net Purchases exclude cash advances, credits, chargebacks, and Plastiq or Melio payments.
- This offer is available only to qualified individuals 18 years of age or over.
- Offer is available to US Residents who live within the borders of the United States.
- Applicants must submit an application using the designated Divvy landing page for either a prepaid card or a business charge card.
- This offer is only valid for applications submitted before 11:59 pm MST
12/31/223/31/236/30/23.
Features
- No annual or initiation fees
- Flexible rewards
- Free-to-use software platform
- Stable credit lines
- Automated expense management
- As many physical & virtual cards as you need
- Budgets with built-in spend controls
- Real-time transaction tracking
- Integrations with apps you use everyday
Eligibility
The Divvy credit application uses several different criteria to determine eligibility, which are included in the table below. While these are the main evaluation factors, each application is evaluated individually and “other factors may be considered”, Divvy says.
| Criteria | Eligibility Requirement |
| Annual Revenue | Varies; accounting integrations are used to verify annual revenue |
| Business History | Varies based on business performance |
| Cash Balances | Varies; typically balance must be greater than $20,000 in an active account |
| Credit Score | Credit score typically must be good to very good (applies to business and personal credit) |
| Location | Must be based in United States |
Divvy $500 Bonus: Guru’s Wrap-up
based on previous offers, Divvy could be a bit difficult with approvals for new business accounts. You might need to send in some extra documentation such as business certificate, bank statements, proof of address and other similar things. I applied on January 3rd, and my application is still under review as of January 8th.
If your business gets approved, then it should be an easy signup bonus. The Divvy account has no maintenance fees, and you just need to spend $500 to get this $500 bonus.
HT: DoC
