Premium Rewards Business Visa Pricing Information
Interest Rates |
Interest Charges |
|---|---|
Purchase Annual Percentage Rate (APR) |
0% introductory APR for the first 9 months following account opening. After that, your APR will be 18.74% to 27.74% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.D |
Balance Transfer APR |
0% introductory APR for the first 9 months following account opening. After that, your APR will be 18.74% to 27.74% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.D |
Cash Advances APR |
27.74%. This APR will vary with the market based on the Prime Rate.D |
Penalty APR and When It Applies |
29.74%. This APR will vary with the market based on the Prime Rate.D The Penalty APR may be applied if your account becomes 60 days delinquent. How Long Will the Penalty APR Apply? If the Penalty APR is applied, it will remain in effect until your account has maintained a non-delinquent status for three consecutive billing cycles. |
Paying Interest |
Your due date will be a minimum of 25 days after the close of each billing cycle. We will not charge you interest on purchases and balance transfers if you pay your entire balance by the due date each month. We will begin charging interest on cash advances on the transaction date. |
Minimum Interest Charge |
If you are charged interest, the charge will be no less than $1.00. |
Type of Fee |
Fee |
|---|---|
Annual Fee |
$0 for the first year, then $95. |
Balance Transfer Transaction Fee |
Either $5 or 3% of the amount of each transfer, whichever is greater. |
Cash Advance Transaction Fee |
Either $5 or 4% of the amount of each cash advance, whichever is greater. |
Foreign Transaction Fee |
None |
Late Payment Penalty Fee |
$39 for any payment past due 10 days or more. |
Over-the-Credit-Limit Penalty Fee |
$39 |
Return Payment Penalty Fee |
$39 |
How We Will Calculate Your Balance: We use the average daily balance method (including new transactions).
Prime Rate: Variable APRs are based on the 8.00% Prime Rate as of September 30, 2024.
This information was accurate as of September 2024 and is subject to change after that date. You can contact us to learn what may have changed by calling 800-763-0356.
