
City National Bank offers a range of credit cards for both business and personal use, designed to meet the unique needs of their customers.
The bank's business credit cards provide rewards and benefits tailored to entrepreneurs and small business owners, with features like cash back and travel points.
One of the benefits of City National Bank's credit cards is the ability to earn rewards that can be redeemed for cash, gift cards, or travel.
Their credit cards also offer purchase protection, travel insurance, and concierge services to help business owners manage their expenses and make the most of their rewards.
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Making Payments
Making payments with City National Bank credit card is easy and convenient. You can make a payment from the City National Bank App or from a web browser.
To make a payment from the app, select the Credit Card Account you'd like to pay from the Account Summary. Press the Pay button to proceed.
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You can choose the amount of your payment: Minimum Payment, Statement Balance, Current Balance, or Other Amount. Your payment cannot be more than the outstanding card balance.
To choose the Pay From account, eligible City National Bank accounts will automatically show. If you want to add an external bank account, select the +Add link at the top right.
You can also choose the date you'd like the payment sent and submit it by sliding the control to the right.
Alternatively, you can make a payment from a web browser by signing in to City National Online and selecting the Pay Now option on the Account Summary page.
To make a payment from a web browser, choose the amount: Current Balance, Statement Balance, Minimum Payment Due, or Custom Amount. Your payment cannot be more than the outstanding card balance.
You can also add an external bank account by selecting the Add/Edit Account option.
Finally, select a payment date and then select Make A Payment to complete the transaction.
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City National Bank Partnerships
City National Bank has partnered with fintech startup Extend to launch a virtual Visa commercial credit card solution. This solution allows clients to generate true virtual cards on demand that can be added to Google Pay and Apple Pay mobile wallets.
City National is the first issuer in the U.S. to launch this competitive solution with Extend. This partnership enables City National's commercial card clients to send virtual credit cards to employees, contractors, and vendors with enhanced digital capabilities.
With this new virtual Visa card capability, clients can give employees, contractors, and vendors distinct spending limits and expiration dates, giving companies more control over how corporate cards are used. This allows for more oversight and control over corporate card usage.
City National's entertainment clients have benefited greatly from this partnership, as they can now make contactless payments on set, increasing safety by removing the need for petty cash. This is especially beneficial during the pandemic when clients have resumed production.
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Virtual Corporate Cards
City National Bank has partnered with Extend to offer virtual corporate cards to its clients. This innovative solution allows businesses to issue virtual credit cards to employees, contractors, and vendors with ease.
With virtual corporate cards, companies can have more control over their corporate cards, including setting spending limits and expiration dates. This feature is especially useful for account holders who want to conduct quick, one-off transactions.
City National's virtual Visa commercial credit card solution can generate true virtual cards on demand, which can be easily added to Google Pay and Apple Pay mobile wallets for simplified and secure contactless payments. This capability is a huge industry first, as it brings virtual cards to the point of sale.
Virtual corporate cards can be used just like plastic cards, eliminating the need for petty cash and increasing safety, especially in industries like entertainment where cash handling is a concern. City National banks more than 75% of business managers who manage the wealth of actors, directors, writers, musicians, athletes, producers, and other firms in the entertainment business.
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The virtual cards can be canceled with minimal effort if needed, making it easier to manage corporate card usage. This feature is particularly useful for account holders who want to conduct quick, one-off transactions, such as those involving vendors working with film crews.
City National is the first issuer in the U.S. to launch this competitive solution, making it a leader in the industry. The partnership with Extend has enabled the bank to offer a cutting-edge payment solution that is both efficient and secure.
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Sources
- https://www.cnb.com/personal-banking/online-banking/support/credit-card-payment-how-to.html
- https://www.cnb.com/personal-banking/lending/credit-cards.html
- https://www.commercialpaymentsinternational.com/news/city-national-bank-joins-with-extend-to-launch-commercial-card-solutions/
- https://globalfintechseries.com/news/city-national-bank-joins-with-extend-to-launch-credit-card-solution/
- https://www.pymnts.com/news/b2b-payments/2021/city-national-bank-extend-team-virtual-corporate-cards/
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