Vancity launches new enviro™ Visa Business card with $0 annual fee

Monday, November 1, 2021, Territories of Musqueam, Squamish and Tsleil-Waututh Nations/Vancouver B.C. —Vancity today launched a new enviro™ Visa Business credit card for its business members. The card features $0 annual fee, $0 annual fee for additional cardholders, and generous rewards for purchases on office supplies and transit.

Vancity enviro™ Visa Business card breakdown*

• $0 annual Fee
• $0 annual fee for additional cardholders
• Up to 10 cardholders per account
• 19.5% interest
• Extended warranty insurance
• Purchase security insurance

Vancity enviro™ Visa Business card rewards

• 0.5 points per $1 spent
• 1 point per $1 Spent on office supplies
• 2.5 points per $1 spent on public transit, ferries, buses, taxi, rail and parking
• Earn additional 1,000 bonus points with a minimum spend of $1,000 per statement cycle

The enviro™ Visa Business card also offers cardholders access to Visa Spend Clarity, a powerful tool that provides businesses with enhanced and customizable expense reporting and robust employee card controls. Every year, 5% of all Vancity enviro Visa card profits go to support the Vancity enviroFund Program , which invests in local, innovative organizations that support lighter living initiatives. Vancity recently launched a Planet-Wise Business Guide for Climate Action to help businesses respond to the climate crisis by taking actions that reduce, or avoid generating, greenhouse gas emissions.

“Our business members are looking for credit cards that provide value on multiple levels,” said Darryl Gant, Vice President, Solutions. “With the new enviro™ Visa Business card, we’re delivering value with zero annual fees and rewards to support their operations so they can focus on serving their customers and expanding their businesses.”

Use your Vancity enviro Visa rewards to

• Redeem points for cash back including paying the Visa bill
• Support your favourite charities
• Purchase gift cards
• Book travel with no blackout periods, booking fees, minimum stays or overnight requirements, and use points to pay for any travel-related taxes. Earn double points when booking travel through the Vancity Rewards program

About Vancity

Vancity is a values-based financial co-operative serving the needs of its more than 550,000 member-owners and their communities, with offices and 55 branches located in Metro Vancouver, the Fraser Valley, Victoria, Squamish and Alert Bay, within the territories of the Coast Salish and Kwakwaka’wakw people. With $30.5 billion in assets plus assets under administration, Vancity is Canada’s largest community credit union. Vancity uses its assets to help improve the financial well-being of its members while at the same time helping to develop healthy communities that are socially, economically and environmentally sustainable.

For more information, visit https://www.vancity.com/CreditCards/