New York, NY, June 17, 2019 – UBS today announced that UBS Bank USA launched three new business credit cards with Visa for existing UBS clients, all designed to help entrepreneurs build on their success.
“Our research indicates business owners have a diverse set of needs when it comes to credit cards. Some seek out convenience, access, travel rewards, and premium service, while others are bottom-line focused and are looking for the simplicity of a cash back product,” says Fred Jubitz, Head of UBS Card Program at UBS Global Wealth Management. “That’s why UBS has expanded their offering to include three new credit cards that are designed to deliver a best-in-class experience with distinctively personalized UBS services.”
With the help of Visa, the largest small business payment network in the world, UBS clients will be able to utilize Visa products, services and programs that will enable them to be more competitive today and in the future. The cards, offered by UBS Bank USA, provide exclusive benefits, rewards and services:
- UBS Visa Infinite Business card is the first Infinite branded business card in the US and is built to meet the high standards of business executives. The credit card, offered at a $550 annual fee, is designed for frequent travelers who want access to special perks and upgrades.
- UBS Visa Signature Business card is a no-annual fee rewards card that delivers flexible rewards, travel and purchase protections, and cash management. This credit card is built for business owners who want the value of an airline rewards card—without being tied to specific airlines or hotels.
- UBS Cash Rewards Visa Business card is available for a $150 annual fee and is built for clients who are focused on their bottom line and prefer the simplicity of cash back to cover future expenses or deposited into their UBS wealth management account. Clients can earn reward points through everyday eligible business expenses.
For more information on each of the cards visit ubs.com/uscards.
“Business owners are one of the biggest sources of wealth creation and at UBS we are focused on offering all the capabilities for business owners to achieve their full wealth potential,” says Filippo Ilardi, Client Strategy Officer USA and Head of the CSO Center of Excellence, WM Americas at UBS Global Wealth Management. “The UBS Visa business credit cards offer customizable financial tools and effective cash flow and expense management to help clients manage their expenses the way they want – with full control.”
“Business owners have an incredible responsibility to their business, customers and employees and Visa is committed to delivering services, products and programs to help them thrive and grow,” said David Simon, global head of small and medium enterprises, Visa. ”The robust offerings that the UBS Visa business credit cards offer, empower businesses to grow and innovate in unique ways.”
The program is available to UBS Global Wealth Management clients in the US as of June 14, 2019 and will primarily be offered by its 6,790 UBS Financial Advisors.
Notes to Editors
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.
UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
About UBS Global Wealth Management
As the world's largest wealth manager, UBS Global Wealth Management provides comprehensive advice, solutions and services to wealthy families and individuals around the world. Clients who work with UBS benefit from a fully integrated set of wealth management capabilities and expertise, including wealth planning, investment management, capital markets, banking, lending and institutional and corporate financial advice.
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