The Bank Freedom MasterCard Prepaid Expense Card allows you to manage and control your employee's business related purchases in real-time. Put the strength of the MasterCard brand in the hands of your employees and your business. Bank Freedom Expense Cards are reloadable and all of your employees can receive a Bank Freedom Prepaid Expense Card with Guaranteed Approval.
The Bank Freedom MasterCard Prepaid Expense Card is an expense management solution that can be given to and approved for use for every employee in your company. Bank Freedom Expense Cards provide expense management, security, and convenience.
The Bank Freedom MasterCard Prepaid Expense Card gives businesses direct access of all purchases through our Cardholder Website. Below are a few of our many features:
- Account Specialist Team: Your company will be assigned an Account Specialist that will work with you in understanding the never ending benefits of our Bank Freedom Expense Cards Program. An Account Specialist will be familiar with your account and can provide on- going training and support to better assist you with managing expenses and employee spending. No customer request is a bad request, your Account Specialist will do everything possible to make special accomodations for your business.
- No Monthly Maintenance Fee: Unlike other debit & prepaid cards, there is never a monthly fee for your Bank Freedom Expense Cards. Monthly fees make it costly to a business for non-usage of an employees expense cards. With our No Maintenance Fee pricing, you don’t have to worry about incurring monthly fees for the months your business doesn’t have a need to use a Bank Freedom Expense Cards.
- Flexible Funding Options: You can deposit into your Virtual Funding Account with either a Wire Transfer or ACH deposit from your business checking account. We’re flexible to make sure you find ease in getting funding established and provide assistance with communicating with your Financial Institution in making deposits.
- PIN or No PIN Access: We understand that many businesses don’t want to give employees a PIN to get cash back or ATM access, that is why we give you the option to give some or all of your employees a Bank Freedom Expense Cards with a PIN. When you order cards, you get the ability to request a PIN for the cards you would like to have cash access for emergency funds.
- Premium Customer Service: Unlike most Financial Institutions, we believe that every cardholder should have the ability to speak to a live agent 24 hours a day, 7 days a week. In addition to your Account Specialist, you can rest assured that your employees will be able to get the support they need when they need to make purchases outside of standard business hours.
- FDIC Insured through The Bancorp Bank; Member FDIC: All Bank Freedom MasterCard Prepaid Expense Cards deposits are FDIC insured through The Bancorp Bank after cardholder information has been verified. All cards are backed by the MasterCard Zero Liability* policy against lost, stolen, or unauthorized purchases.
Guaranteed Approval for All Employees – With validated identification of each employee. No credit or background checks necessary.
Administrative Privileges and Funds Transfers – Transfer balance to fund or remove funds from Bank Freedom Expense Cards in real-time. If an employee has remaining funds, you have the ability to transfer the funds back to the expense account or to aggregate the additional remaining funds into another employee card.
No NSF or Overdraft Fees – Bank Freedom Expense Cards have no NSF or overdraft fees. As a result, no card account can be closed or shutdown due to lack of funds. When the funds are depleted, the card transactions are declined. Say good bye to ridiculous fees!
Online Protection – Use the Bank Freedom Expense Cards for any business expense. Quit giving your business checking account information to merchants and use the Bank Freedom MasterCard Prepaid Expense Card as the primary payment for all telephone, retail and online expense purchases.
No Business Debt – The Bank Freedom MasterCard Prepaid Expense Card is prepaid. The Expense Cards will never affect your credit, no interest or late payments.
Security – With the usage of Bank Freedom's security protection, you can remain at ease that we understand the importance of card safety and security. Through our Fraud Mitigation Tools and Compliance Department, we are consistently evaluating transactions that may be deemed as being fraudulent. The Bancorp Bank is a Member of the Federal Deposit Insurance Corporation. Each card is protected with MasterCard Zero Liability* policy against lost, stolen, or unauthorized purchases.
Relinquish yourself from the risks of issuing credit to qualifying employees or cash reimbursements to employees without credit for their ongoing business expenses. The Bank Freedom MasterCard Prepaid Expense Card provides expense management, security, and convenience.