This credit card rewards you for shopping at women-owned businesses By Megan Cerullo The pandemic s toll on working women
A new credit card designed to uplift women financially rewards cardholders with a monthly 3%
refund on purchases made at more than 1 million women-owned or women-led businesses. The Mastercard credit card, called the Card by Seneca Women, a media and events company dedicated to advancing women and girls economically, launches this Spring. Applications for the card opened earlier this month.
The idea behind the card, created in partnership with credit company Deserve, is to harness some of the benefits of spending to helping women economically. Female entrepreneurs in particular face myriad hurdles: They have historically had a harder time accessing markets and placing their products on consumers radars than men.