Business credit cards

Our business credit cards come with all kinds of rewards. Depending on the card you choose, you can redeem points for:

• Cash – Get cash back as an account credit or a deposit into your chequing or savings account (if you have a Cash Back card).

• Merchandise – Take your pick of 60,000+ items, ranging from electronics and sporting goods to kitchen tools and more.

• Gift cards — Select gift cards to a variety of stores and restaurants. It’s like having a global marketplace at your fingertips.

• Travel – Fly worldwide on more than 100 airlines, book a stay in one of 80,000+ hotel locations, take a cruise, get pro and college sports tickets, go whitewater rafting, visit a spa, or enjoy fine dining. The list goes on and on.

• Charity donations – Give back with an electronic gift card from CanadaHelps.org that supports 86,000 local and national charities across Canada. 

When you’ve found the credit card you want, you can simply apply online using its online application form:

For help applying, you can also call Collabria’s 24/7 Cardholder Service at 1-855-341-4643 or email info@collabriafinancial.com.

A balance transfer credit card lets you move high interest debt from one or more credit cards over to a single (typically lower rate) card. Why do this? Transferring your balance can have several benefits:

• Save on interest – because the new credit card typically has a lower rate, you’ll likely save money on interest charges.

• Pay down debt faster – with less interest charged, more of your monthly payments can go towards reducing your credit card balance.

• Simplify payments – by consolidating your debt to a single card, you won’t have to keep track of multiple balances and payment dates.

Yes, you can consolidate other balances onto your Gulf & Fraser credit card.

To make a balance transfer, simply call Collabria’s 24/7 Cardholder Service at 1-855-341-4643. Make sure you have the billing and account information handy for the balances that you want to transfer.

Getting a credit card can be a great way to build credit and earn rewards. But how do you do it? Let’s break down how to get a credit card in simple steps:

1. Check your credit report – before applying for a credit card, review your credit report to ensure its accurate and in good shape. You can get a free copy from both the major credit bureaus (Equifax and TransUnion) once a year.

2. Understand your credit score – know your credit score, as it plays a big role in your credit card approval. Generally, higher credit scores lead to better credit card options.

3. Research credit cards – explore different credit card options to find one that suits your needs. There are various types – rewards cards, low-interest cards, secured cards (for building or rebuilding credit), and more.

4. Apply for a card – once you've chosen a card, you can apply online, by phone, or email. Be prepared to provide information like your name, address, Social Insurance Number (SIN), income, and employment details.

5. Wait for approval – the credit card issuer will review your application and credit history to determine whether to approve or decline your application.

6. Review the terms – if you're approved, carefully review the credit card agreement. This includes the interest rate (APR), credit limit, fees, and any rewards or benefits you get with the card.

7. Activate your card – once your card arrives in the mail, activate it by following the instructions provided.

You’ve now got your card! Just make sure to use it responsibly to build a good credit score for your business.

This is a great question. There isn’t a hard and fast rule on how many credit cards you or your business should have. It plays a role in determining your credit score but not as much as other factors, like your payment history (how reliable you are at making payments on time).

That means the right number of cards to have really depends on your financial situation and spending habits. But it’s typically a good idea to have at least one. This ensures you have access to money when you need it and benefit from any perks the card offers.

When you receive your Gulf & Fraser credit card, you can activate it by calling the number on the sticker affixed to the front. Once your card is activated and you’ve received your PIN, you can begin using your card.