Credit Cards For Benefits
Credit Cards for Benefits – Skip cash and bank hassles; use your credit card for quick, easy payments.
Earn Rewards – Get cashback, travel perks, and discounts with every purchase.
Secure & Simple – Enjoy safe, trackable, and cashless payments anytime.
Zil Money is a financial technology company, not a bank. Zil Money offers banking services through partnership with FDIC member banks Silicon Valley Bank and Texas National Bank.
online business accounts
transaction volume
checks processed
Click Here to See Interactive Demo
Using Credit Cards to Save Money on Business Expenses
Cash Back Rewards
Earn Cash Back: Credit cards like the Capital One Spark Card offer 2% unlimited cash back, while the American Express Plum Card offers 1.5% unlimited cash back.
Offset Fees: Using a credit card with cash back can partially offset the 2.95% process fee, reducing the effective cost.
Tax Benefits
Tax-Deductible Fees: The 2.95% process fee can be filed as a tax-deductible business expense, offering some financial relief.
Additional Tax Breaks: Depending on the jurisdiction and tax codes, you may be eligible for additional tax breaks for using credit cards for business expenses.
Cash Flow Management
Cash Float Period: Credit cards often provide a 30 to 45-day payment window, allowing businesses to manage their cash flow better.
Utilize Funds: During this period, the funds can be invested in short-term opportunities or other revenue-generating activities.
Floating Revenue from Bank
Float Revenue – Cash Incentive Earnings: The funds in your bank account for 30 to 45 days could earn Cash incentive or be invested in short-term revenue-generating activities.
Capital Utilization:Â The cash float period allows you to strategically utilize your capital for other pressing needs or investment opportunities.
Detailed Example: Capital One Spark Card
- Process Fee: 2.95%
- Cash Back: 2%
- Tax Break: 0.06%
- Final Fee: 0.35%
- Additional Benefit: 30-45 days of cash flow management and float revenue.
Turn Spending into Rewards
With credit cards, every dollar spent turns into rewards—travel miles, hotel stays, shopping vouchers, and cashback. The more you spend, the more you earn, redefining the way you benefit from transactions.
Fund Payroll with Ease
Use your credit card to fund payroll and pay employees on time, even when cash flow is tight. Avoid delays and keep operations running smoothly while earning rewards on every transaction.
Pay Vendors with Credit Cards
Zil Money lets you pay vendors with your credit card, even if they don’t accept them directly. Choose how your vendors receive funds—via ACH, wire transfer, or virtual card—making payments hassle-free.
Why Zil Money!
A technology-first approach to payments and finance
Easy to Access
High Security
Easy Payment
Access Payments on Any Device
Manage your payments from any device with Zil Money’s cross-platform support. Whether on desktop or mobile, access your account and make transactions with ease.
FREQUENTLY ASKED QUESTIONS
How to pay someone with a credit card?
How to use credit card to transfer money?
Where credit can be used?
Bank Transfer vs Credit Card
Every Customer Review is a Story of Trust
15-Day Free Trial Available!
No credit card required.
Stay in the loop for the latest updates!