Synovus Business Travel Rewards Visa® Credit Card

Our review of the Synovus Business Travel Rewards Visa® Credit Card

Running a business can be a daunting prospect and, as business owners know well, it involves spending a lot of money. The Synovus Business Travel Rewards Visa® Credit Card puts your money to work for you by pairing a lucrative travel-centric rewards program with great Visa® perks and benefits. Designed to reward business-related travel spending (and to make traveling for work more rewarding), this business credit card gives business owners the power to decide how they earn their rewards and makes spending, saving, and earning rewards easy.

How to Earn Rewards with the Synovus Business Travel Rewards Visa® Credit Card

Owning and operating a business has never been so rewarding, as many business credit cards now offer fruitful rewards programs. The Business Travel Rewards Visa from Synovus is no different. Rewards points can be earned at one of three different rates, broken down below:

• 5X on Travel: Travel can be a big part of the cost of operating a business, depending on your field. Making travel purchases to meet with investors, present at a conference or attend a trade show can be a rewarding experience – and with this card will earn 5X points per dollar spent. Points are earned for booking airfare, overnight hotel stays, car rentals – and even vacation packages – by using the Synovus business credit card. Points are accrued at the 5X rate on up to $5,000 in net spend each year. If you spend more than $5,000, you’ll earn points at the base rate until the beginning of the next fiscal year.
• 3X on a Category of Your Choice: Business owners can select a spending category that best suits their needs, for which they’ll earn 3X points for every dollar spent. Points can be earned at this rate on up to $3,000 in net spending each quarter on a Dynamic Earn category chosen by the cardholder. If you find that you cater meals to the office regularly, you can elect to earn extra points in the dining category; select retail if you make a lot of office-related purchases at stores like Office Depot® or make a lot of shipments through FedEx®. The flexibility to choose which category earns bonus points is a rarity among business credit cards, so be sure to take full advantage of this and plan ahead to maximize your business-related rewards.
• 1X on All Other Eligible Purchases: Cardholders earn 1 point for each dollar spent on all eligible business purchases made with their card, with no cap or limit to how many points can be earned. Additionally, cardholders who have spent more than $5,000 on travel each year, or $3,000 on a category they choose each month, will still earn points on purchases made in either category. Those purchases will continue to earn points at a rate of 1 point per dollar.

How to Redeem Rewards Points

Points earned with the Synovus Business Travel Rewards Visa® Credit Card are redeemable both online and by phone. Cardholders can either log into their My Purchase Perks account or call the bank at 1-888-SYNOVUS (1-888-796-6887) to redeem their points balance towards a variety of great rewards, including:

• Travel: Cardholder points can be redeemed for travel in the form of airline tickets, hotel stays, and car rentals, or exchanged for the equivalent amount in the form of a travel gift card.
• Merchandise: Points can be converted into merchandise from top retailers. Choose from jewelry, handbags and luggage, electronics, baby and kids’ toys, and much more.
• Gift Cards: Gift cards to many of popular brands and retailers are available through the My Purchase Perks program.
• Cash Back: Points can also be redeemed towards cash-back rewards.

Save Money with the Synovus Business Travel Rewards Visa® Credit Card

Although the Synovus Travel Rewards Visa® Credit Card does have an annual fee of $50 per year, new cardholders will save thanks to an introductory bonus that waives the annual fee for the first year.

Additional savings can be found with Synovus’s generous introductory APR. Cardholders can save money thanks to an interest rate of 0% for all purchases for six months.

Synovus Bank Perks

Synovus Bank has included several useful perks and benefits to make life easier for business owners. Enroll in Cardview® to get quick and easy access to your credit card account. Manage account activity, review the date and amount of each recent transaction, or make your monthly payment – it’s simple, and intuitive.

Visa Benefits

The Synovus Business Travel Rewards Credit Card is accompanied by a suite of sweet travel-related protections from Visa. These Visa benefits are meant to make traveling for business easier; rest assured that you’ll be covered even if the unexpected happens.

Should You Apply for the Synovus Business Travel Rewards Visa® Credit Card from Synovus Bank?

If you’re looking for a travel rewards card that suits your business needs while simultaneously helping you save money and earn great rewards, the Synovus Business Travel Rewards Visa® could be a good fit. There are many competitive (and comparable) business cards on the market, however, so this may boil down to personal preference.