BILL Spend & Expense (Formerly Divvy) Review 2025

BILL Spend & Expense is one among many enterprise credit score suppliers that helps small and midsize companies faucet money after they want it most.

It goes a step additional with highly effective spend monitoring and expense administration instruments, too. It’s a powerful device that each rising enterprise ought to suppose critically about including.

Oh, and BILL (previously Divvy) is free for customers, making it all of the extra spectacular. I analyze enterprise financial institution accounts and small enterprise bank cards for a dwelling. Whereas I can’t say BILL is completely distinctive, the one-two-three punch of no charges, scalable enterprise credit score, and expansive cash administration instruments legitimately set it aside.

See what to anticipate from BILL and resolve whether or not it’s proper in your firm.

What Is BILL Spend & Expense?

BILL affords fundamental monetary companies to small and midsize companies. At its core is a versatile enterprise credit score line that may scale with your corporation. It additionally has enterprise budgeting and expense administration instruments that assist simplify even essentially the most complicated business funds.

BILL doesn’t cost customers any charges. It makes cash by way of card interchange charges, which come out of the online obtained by retailers you pay with BILL. You don’t pay any curiosity on the float since you entry your BILL enterprise credit score line by way of a company cost card that you will need to pay in full every assertion cycle. 

BILL’s most notable advantages embrace a customizable card rewards program with qualifying spend, a robust cell app, and seamless integrations with exterior accounting software program.

How BILL Spend & Expense Compares

BILL isn’t the world’s solely enterprise credit score answer, in fact. It competes in opposition to a number of small-business bank cards and mortgage suppliers, every with its personal strengths and weaknesses.

One in every of BILL’s better-known rivals is the Chase Ink Enterprise bank card household, which incorporates three names: Ink Enterprise Most popular, Ink Enterprise Money, and Ink Enterprise Limitless. See how BILL compares to Chase’s small-business bank card lineup.

What Units BILL Aside?

BILL stands out for a lot of causes, however these 4 particularly stand out to me as somebody who spends hours wading by way of monetary wonderful print each week.

• No Curiosity. The BILL Divvy Company Card is a cost card, not a bank card. Meaning you will need to repay your fees in full on the finish of every billing interval. Whereas this isn’t uncommon of enterprise credit score, it’s essential as a result of it means you’ll by no means pay curiosity on BILL attracts.
• No Month-to-month or Annual Charges Charges. BILL is considerably uncommon amongst enterprise credit score suppliers in its complete lack of month-to-month or annual charges to make use of the product. BILL makes cash on the again finish, by way of cuts of funds made to retailers.
• Acceptable for Companies With No Credit score Historical past. BILL affords a secured credit score line for companies that don’t qualify for unsecured strains. Sometimes, meaning new companies with no credit score historical past and companies with restricted or irregular income.
• Highly effective Monetary Software program Constructed Into the App. BILL has intensive budgeting and expense administration instruments that combine seamlessly with its credit score companies. It’s highly effective sufficient to interchange your present enterprise budgeting software program, for positive.

Key Options of BILL Spend & Expense

BILL has three core options: 

• A business credit score line (technically, a company cost card)
• Enterprise budgeting software program
• Expense administration software program

The software program is free for BILL customers, no matter enterprise measurement, although BILL clarifies that its options are meant for companies with fewer than 500 staff. BILL makes cash by way of card interchange charges, which means it takes a small slice of each transaction you make earlier than passing the funds alongside to the service provider.

Enterprise Credit score

The BILL Divvy Company Card is the versatile credit score line on the coronary heart of the BILL ecosystem. It knits the opposite two primary BILL options — budgeting and expense administration — collectively.

These are crucial elements of the BILL Divvy Company Card:

• Pay in Full. The BILL Divvy Company Card is a cost card, not a bank card. This implies you will need to pay your fees in full on the finish of the billing interval. This shouldn’t be an issue if your corporation has a gentle revenue, and it’s a blessing in disguise since you’ll by no means pay curiosity.
• Versatile Credit score Line. BILL is aware of your corporation is greater than a credit score rating. It considers income, progress potential, and different nontraditional components in underwriting, which may result in a better preliminary credit score line. And your credit score line can scale as your income will increase — you possibly can apply for a rise with only a few faucets within the app.
• As Many Digital Playing cards As You Want. BILL generates digital playing cards on demand everytime you want them. I personally love digital playing cards — they’re clutch for one-time and recurring bills the place you don’t need the seller to have entry to your actual card quantity.
• No Upfront Charges for Worker Playing cards. BILL doesn’t cost any upfront or setup charges for worker playing cards. Irrespective of how many individuals are in your staff, you possibly can hook every up with a person BILL Divvy Company Card. 
• Enforceable Budgets and Spend Controls. If you happen to’re nervous about giving newer staff a card of their very own, BILL has customizable spend controls that make it inconceivable for workers to overspend. I’d advocate setting spend limits based mostly on position and seniority.
• Common Credit score Reporting. BILL studies your credit score utilization and funds to the Small Enterprise Monetary Trade (SBFE), a nonprofit enterprise credit score reporting company. Use your card responsibly, and also you’ll construct enterprise credit score over time.
• Secured Credit score Strains If You Don’t Qualify for an Unsecured Line. The usual BILL credit score line is unsecured, similar to an everyday bank card. If you happen to don’t qualify as a consequence of a restricted enterprise credit score historical past or revenue, you possibly can pre-fund a secured BILL Divvy Company Card and nonetheless profit from the flexibleness of a credit score line.

The BILL Divvy Company Card has a versatile rewards program that earns as much as 7 factors per $1 spent (7x) on eligible purchases. It’s essential to draw at the very least 30% of your out there credit score to earn rewards in any given billing interval, and your precise earn charge depends upon your compensation frequency.

Right here’s how that appears:

You may redeem factors for journey purchases, present playing cards, assertion credit, or straight money again. You get essentially the most worth for journey redemptions — $0.01 per level — and about $0.005 per level for all different choices. So, for those who or your staff often journey for enterprise, Divvy is way more rewarding.

Spend Administration (Budgeting)

BILL’s budgeting device makes it simple to create a tactical monetary plan for your corporation. 

If your organization is small and its funds comparatively easy, you possibly can keep on with a single finances that covers the complete enterprise. In any other case, create a number of budgets for departments or groups, including or eradicating staff from every finances as wanted.

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Your BILL budgets hyperlink to your BILL Divvy Company worker playing cards. Because the finances proprietor, you possibly can require approval for each single worker card transaction or set preapprovals that permit small, routine transactions to undergo with out your say-so. However approval requests come straight to your BILL app, so it’s simple sufficient to approve a transaction with out interrupting what you’re doing. You may delegate this duty to staff leaders and division heads as your group grows.

The hidden energy of BILL’s budgeting device is its means to identify overspending in real-time earlier than it turns into a severe legal responsibility. And you’ll generate month-to-month studies that present a scientific, granular view of spending at a person, staff, division, and firm degree. That makes it a lot simpler to regulate budgets on the fly.

Expense Administration

BILL’s expense administration device is mainly your finances or budgets in motion. It automates a lot of the busy work of enterprise accounting, like categorizing bills.

BILL integrates with third-party accounting software program. So for those who use one other program to trace enterprise bills for tax or budgeting functions, you possibly can arrange your Divvy account to reflect what you may have there. That eliminates time-consuming duplicate entries and ensures your exterior accounting staff works off the identical info because the in-house people accountable for your organization budgets.

If you happen to don’t use your BILL credit score line for each enterprise expense — and also you most likely received’t, at the very least not at first — you should use BILL to trace what it calls “off-card” bills, too. That is actually essential in case your staff use private bank cards to pay for journey, meals, and different incidental bills — merely enter the reimbursement in Divvy to make sure it’s tracked together with all the pieces else.

Benefits of BILL Spend & Expense

BILL is a complete enterprise credit score and cash administration device. The truth that it’s completely free to make use of grabs headlines, however there’s much more for enterprise house owners to love about it.

• No Charges or Curiosity on BILL Credit score Strains. BILL Card credit score strains don’t cost charges or curiosity. This can be a massive benefit over pay-over-time enterprise bank cards that may cost curiosity at 20% APR or larger and sometimes cost annual charges north of $100.
• Limitless Digital Playing cards. There’s no restrict on the variety of digital playing cards you possibly can generate with BILL. Use them for recurring subscriptions, one-off funds, and another state of affairs the place you’d favor to maintain your actual card quantity secure.
• Seamless Integration With BILL Instruments and Exterior Accounting Platforms. Your BILL Divvy Company Card account integrates seamlessly with BILL’s budgeting and expense administration instruments. If you happen to use an exterior accounting platform, you possibly can hook it as much as BILL too. This can be a massive consider why customers surveyed by BILL stated it saved them 12 hours per 30 days on common.
• Versatile Spend Limits on Worker Playing cards. You’ve gotten the ultimate say over how a lot your staff spend (or don’t) on their worker playing cards. And you’ll approve or decline transactions with a number of faucets. If overspending is the norm for your corporation, possibly BILL is the reply.
• Versatile Rewards Program (As much as 7x Again). BILL has an unusually beneficiant rewards program that incentivizes you to repay purchases sooner. Repay weekly, and also you’ll earn as much as 7x on eligible purchases. That’s a 7% charge of return, which is best than most enterprise credit score suppliers.

Disadvantages of Invoice Spend & Expense

BILL isn’t excellent, although I feel it’s significantly better than the common enterprise credit score supplier (and positively higher than the common enterprise bank card). Right here’s the place it falls a bit brief.

• Can’t Carry a Steadiness From Month to Month. If your corporation money circulation can’t help repaying your BILL fees in full at the very least month-to-month, BILL isn’t for you. The downside, in fact, is that conventional enterprise bank cards cost curiosity at eye-watering charges.
• No Enterprise Financial institution Account. BILL doesn’t have a built-in checking account, only a versatile credit score line. You’ll must preserve your working capital elsewhere.

Is BILL Legit?

Sure, BILL is authentic. It acquired its begin as a budgeting and expense administration device for small and midsize companies, then expanded into enterprise credit score strains. Right this moment, it’s a robust enterprise finance package deal for firms that wish to get a deal with on their budgets and bills — and faucet a versatile credit score line as wanted.

In accordance with a survey, BILL has the potential to avoid wasting enterprise customers severe cash: over $10,000 per 30 days. BILL saves time, too, on the order of 12 hours per 30 days for energetic customers. And the overwhelming majority of BILL customers would advocate it to others.

Remaining Phrase

BILL affords a versatile credit score line with worker subaccounts (the BILL Divvy Company Card), plus highly effective budgeting and expense administration instruments. It integrates with third-party accounting software program. It delivers excellent rewards on eligible spend.

And it’s completely free for enterprise customers.

BILL seems like a very good deal, and in my educated opinion, it’s. It actually shines for small however rising firms with comparatively regular revenues, hawklike consideration to the underside line, and an aversion to forms and busy work. If that seems like your corporation, you’d be hard-pressed to discover a higher enterprise credit score accomplice.