Visa just announced that it is introducing Visa SavingsEdge, a new automatic savings program for small business credit card holders. Under the free program, members will receive automatic discounts when they use their enrolled Visa Business credit and check cards at participating merchants. Savings will appear as an account credit on their monthly statement. The program is no doubt an answer to similar small business programs already offered by other networks, such as American Express’ Open Savings and the MasterCard Easy Savings program.

Current offers include discounts from Alamo (4%), CompUSA (3%), National Car Rental (4%), TigerDirect.com (3%), and UPS (5%) with plans to continue to add more merchant partners. The Visa SavingsEdge program is currently available to Visa Business cardholders with cards issued by Chase, Bank of America, PNC Bank, Wachovia and Wells Fargo. To enroll your Visa business card, visit www.visasavingsedge.com.