Is Divvy a credit card or charge card?
This is a charge card, which means you can't carry a balance on a Divvy card — you'll be required to pay the account in full each month. So, Divvy doesn't look at your credit score to qualify you. Instead, your spending limit is based on business bank deposits.
Does Divvy pull your credit?
Q: Will my business and personal credit be pulled after completing the application? A: Once the application is complete with the authorized signature, Divvy will perform a soft inquiry of the business AND the authorized signer's credit to determine the best credit limit for your business. We do not do a hard inquiry.
How do I use my Divvy card?
After you've received your physical card, you'll need to sign into the Divvy app from your phone to activate it. Once you've signed in, click on Activate Card. Then, enter the last 4 digits of your card number from your physical card to activate it.
Does Divvy run your credit?
A: Once the application is complete with the authorized signature, Divvy will perform a soft inquiry of the business AND the authorized signer's credit to determine the best credit limit for your business. We do not do a hard inquiry.
How long does Divvy credit take to approve?
We'll review your application and usually get back to you within 24-48 hours to let you know if you're approved to go home shopping.