Virtual Cards
Improve cash flow and efficiency for your Accelerator Card
Save time and costs using instant-issue virtual cards with custom spend controls for any use case, automate expense management reporting and reconciliation, and earn cash rebates on business card spend.1
Stay on budget with precise controls
Manage who, how, when and where virtual cards can be used to reduce overspend and unexpected or out-of-policy transactions. Each virtual card number can be configured with individual limits, merchant restrictions and expiration dates for full spend controls at the transaction level.
Extend runway with cost-efficient strategies
Shift vendor payables and subscriptions to virtual corporate cards that cost less than checks and wires, and hold money longer with same-day payments. This approach supports accounts payable automation and reduces processing costs.
83% of financial specialists believe virtual cards enhance their financial position by increasing working capital.2
Streamline expense reporting
Replace manual reports and reimbursements with virtual cards and our AI-powered mobile app to submit expenses and receipts that automates expense reporting.
Simplify reconciliation
Gain detailed, real-time reporting for faster, easier reconciliation, budgeting and audit trails.
“We can issue a virtual card in under 60 seconds, so it’s very easy to enable our people on the fly to do what they do best.”
VP of Finance | Omnidian
Simplify virtual card management as you scale
Manage via web or mobile
Manage virtual cards via an intuitive web portal, ideal for on-demand purchasing, travel and payables.
Automate A/P with batch files
Integrate with your ERP and automate reconciliation by linking invoices to virtual card payments.
Scale up with reliable APIs
Access developer-friendly, highly configurable capabilities, ideal for high-volume needs.
Ready to talk with our team?
Virtual Card FAQs
A virtual card is a payment card that uses a unique, digitally-generated card number to protect the actual card account. When issued from a spend management platform (like SVB's), virtual cards can be customized to control spending limits, expiration dates, expense categories and spending policies for any user or use case.
A digital card is a digital version of your physical card that you can store in a mobile wallet to make more secure, tokenized payments. Each virtual card uses a unique, digitally-generated card number and is issued for specific use cases such as business travel, SaaS subscriptions, and procurement, with custom limits to control spending.
Yes. With SVB's AI-powered spend management platform, you can issue unlimited virtual cards with custom limits and expense policies for any user, vendor or use case. Virtual cards also enable you to auto-enforce policies by pushing alerts to cardholders, and you can modify or revoke virtual cards on the fly.
With SVB's spend management platform, Accelerator Card clients can issue virtual travel cards for individuals or groups. You can customize budget, categories, and merchant codes and set timeframe to support general travel needs or a single business trip. Virtual cards give you real-time visibility, reduce need for reimbursements, and enable employees to submit expenses via mobile app to automate expense reporting and reconciliation.
1 SVB Cash Rebate earnings are based on net business purchases (minus returns/credits) with the SVB Cash Rebate Program for Cards. SVB virtual cards can earn rebates at the rate determined by the client relationship.
For complete details about the SVB Accelerator Card, including applicable fees and terms and conditions of the Card, please see the SVB Accelerator Card Terms and Conditions. All credit products and loans are subject to underwriting, credit, and collateral approval. All information contained herein is for informational and reference purposes only and no guarantee is expressed or implied. Rates, terms, programs and underwriting policies are subject to change without notice. This is not a commitment to lend. Certain terms, conditions, exclusions, and limitations apply, including a limit on cash advance capabilities.
2 RPMG Virtual Card Benchmark Survey, 2022.
The term virtual card number (VCN) is synonymous with industry terminology such as virtual card, virtual account, v-card, single-use accounts, enterprise application platform (EAP), and e-payables.
Mastercard is a registered trademark of Mastercard International Incorporated and is an independent third party and not affiliated with Silicon Valley Bank, a division of First Citizens Bank & Trust Company. The Contactless Symbol and Contactless Indicator are trademarks owned by and used with permission of EMVCo, LLC. EMVCo, LLC is an independent third party and not affiliated with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company.
All non-SVB named companies listed throughout this document are independent third parties and are not affiliated with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company.