BBVA Secured Visa Business Credit Card Review [2024]: Build Credit And Earn Rewards

Note: PNC has acquired BBVA and rebranded most of BBVA's credit card products. PNC does not offer a secured business credit card. To find a business credit card that suits your needs, consider our list of the best business credit cards.

Establishing credit is a difficult feat for many new businesses, but the BBVA Secured Visa Business Credit Card can make this challenging task a little easier. With this secured credit card, you put down a security deposit from your BBVA savings account that acts as your credit limit.

Although many secured credit cards don’t offer extra perks, the BBVA Secured Visa Business Credit Card comes with some helpful travel and purchase benefits and rewards on qualifying purchases. Here’s a closer look at this secured business credit card from BBVA.

Build Credit as a Business Owner

BBVA Secured Visa Business Credit Card

3.5

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

BBVA Secured Visa Business Credit Card

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Current Offer

Zero liability on unauthorized charges

Annual Fee

$40 (waived first year)

Rewards Rate

1.5X points on all qualified purchases

Benefits and Drawbacks

Benefits

• Secured by a savings account
• Free employee cards
• No annual fee for first year

Drawbacks

• Minimum deposit of $500 required
• No sign-up bonus

Card Details

• Zero liability on unauthorized charges
• 1.5X points on all qualified purchases

Who should get the BBVA Secured Visa Business Credit Card?

The BBVA Secured Visa Business Credit Card is for business owners who want to build credit by using a secured credit card. As you make purchases with a secured card and pay them off responsibly, your payment history is reported to the credit bureaus. Over time, your credit could start to improve, opening up more opportunities for you and your business.

The BBVA Secured Visa Business Credit Card might also be an excellent card for business owners who want to earn rewards for their business purchases. Every dollar spent on all qualified purchase using your BBVA Secured business card earns 1.5X points. It’s unusual for a secured credit card to offer rewards, so this sets the BBVA Secured Visa Business Card apart from similar cards.

If your business already has an established credit history, you may be better off with another card. The best business credit cards earn bonus points in categories that make sense for your business and come with a wide variety of travel and additional card perks.

Card basics

BBVA Secured Visa Business Credit Card benefits and perks

• Affordable annual fee: Many business rewards credit cards come with high annual fees, but the BBVA Secured Visa Business card’s annual fee is $40 (waived first year).
• Free employee cards: You can add employee cards to your account for free.
• Visa liability waiver: You are protected against card misuse by terminated employees up to $100,000.
• Car rental coverage: Rental cars paid for with your BBVA Secured Business card are covered with auto collision, damage, and loss insurance.
• Travel perks: Your BBVA business card gives you access to valuable travel benefits such as travel and emergency assistance and travel accident insurance coverage up to $500,000.

Drawbacks to the BBVA Secured Visa Business Credit Card

• Limited access: The BBVA Secured Visa Business card is available only for residents of seven states — Alabama, Florida, Texas, Arizona, Colorado, California, and New Mexico.
• Bank account requirement: To qualify for this BBVA business card, you need to open (and keep open) a BBVA savings account as a collateral account to secure the credit card. The minimum deposit to open an account is $500, and you can make additional deposits in $100 increments.
• In-person application: Unfortunately, applying for this small business credit card requires an in-person visit to a local BBVA branch.

Earning and redeeming BBVA Rewards

Best ways to earn

There’s only one way to earn rewards with the BBVA Secured Visa Business Credit Card, and that’s by using the card for all of your business purchases. You can 1.5X points on all qualified purchases, and you’re automatically enrolled in the BBVA Rewards program when you open an account.

You can maximize your rewards by providing your employees with cards, which are available at no charge. Business owners can set spending limits on employee cards, with each purchase itemized on monthly statements to simplify expense tracking. Employees can earn points from their spending at the same rate as the primary cardholder.

Maximizing your redemptions

There are only two options when redeeming BBVA Rewards points. You can redeem your points for statement credits or gift cards with participating merchants. Points are worth 1 cent each, and the minimum redemption is 2,500 points for both redemption options.

You have the option to redeem your BBVA points through the rewards website, accessed through your online account or the BBVA mobile banking app. You can also call the BBVA Rewards redemption center at 844-285-8383 when you’re ready to redeem your points.

As you’re saving up points to redeem, it’s important to remember that your BBVA points can expire if they are unused. Rewards points expire 36 months after they are earned.

BBVA Secured Visa Business Credit Card FAQs

Other cards to consider

Since PNC acquired BBVA, most BBVA credit cards have been rebranded. However, PNC doesn't offer a secured business card. You can explore our list of the best credit cards for bad credit to check out more options. However, keep in mind that the list doesn't focus on business credit cards. 

If you have good credit or excellent credit, you might be better off applying for a different card for your business expenses. The Ink Business Unlimited^® Credit Card is more widely available than the BBVA Secured Visa Business Credit Card, and this credit card offers a generous sign-up bonus: Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. You’ll earn unlimited 1.5% cash back on every purchase and other perks, including flexible redemptions and free employee cards, all for a $0 annual fee.

Another popular rewards credit card among business owners is the Capital One Spark Cash Plus. Not only does the card offer 2% cash back on every purchase, every day; plus 5% cash back on hotels and rental cars booked through Capital One Travel, but it also comes with a $1200 one-time bonus when you spend $30,000 in the first 3 months of account opening. It can be a great choice for travelers, with no foreign transaction fees and roadside assistance. You can also request free cards for employees like you can with the BBVA cards.

Build Credit as a Business Owner

BBVA Secured Visa Business Credit Card

3.5

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

BBVA Secured Visa Business Credit Card

3.5

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

Why We Like It

Zero liability on unauthorized charges

See how these cards compare:

Ink Business Unlimited® Credit Card

• Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
• Unlimited 1.5% cash back on every purchase
• Intro APR on purchases
• No annual fee

Capital One Spark Cash Plus

• Earn $1,200 after spending $30,000 in the first 3 months
• 2% unlimited cash back on every purchase, every day
• Charge card with no preset spending limits
• $150 cash bonus every year you spend $150,000 or more