First Citizens Business Visa Rewards: The Premier Business Credit Card

The First Citizens Business Visa Rewards is an exceptional credit card specifically designed for business owners who seek to maximize their spending power while enjoying a robust rewards program. Issued by First Citizens Bank, this card not only provides flexibility but also a wealth of benefits that can help businesses thrive.

Card Type

The First Citizens Business Visa Rewards is a business credit card that falls under the category of rewards cards. Its ideal for small business owners looking to earn rewards on everyday business expenses such as local purchases, travel, and business development costs.

Annual Fee

One of the most attractive features of this card is that it comes with no annual fee. This allows businesses to fully enjoy the rewards without worrying about additional yearly costs, making it an appealing option for budget-conscious operations.

Rewards Program

The rewards program is a significant selling point for the First Citizens Business Visa Rewards. Cardholders earn 3 points for every dollar spent on qualifying purchases in popular bonus categories like travel, dining, and office supplies. For all other purchases, cardholders earn 1 point per dollar spent. Points can be easily redeemed for a variety of options including cashback, gift cards, or travel purchases, providing the flexibility to choose what best fits the businesss needs.

Sign-Up Bonus

New cardholders can take advantage of a generous sign-up bonus. By spending $2,500 in the first 90 days of account opening, cardholders can earn an additional 25,000 bonus points. This substantial bonus can be a great boost to initial rewards, especially for businesses with significant expenses during their start-up phase.

APR (Annual Percentage Rate)

The First Citizens Business Visa Rewards boasts a competitive regular APR of 15.99% – 24.99%, depending on the creditworthiness of the applicant. Currently, there is no introductory 0% APR offer; however, the rates are relatively low compared to other business credit cards, making it a cost-effective choice for ongoing purchases.

Foreign Transaction Fees

For businesses that operate internationally, the First Citizens Business Visa Rewards is advantageous as it has no foreign transaction fees. This allows cardholders to use their card abroad without incurring additional costs, facilitating seamless travel and business transactions overseas.

Balance Transfer Options

While the card does not feature specific introductory balance transfer offers, it allows balance transfers with a standard annual percentage rate that is competitive within the industry. Business owners should assess their options if looking to consolidate existing credit card debt.

Additional Fees

Aside from the standard interest rates, the First Citizens Business Visa Rewards includes some additional fees that cardholders should consider. These include:

• Late Payment Fee: Up to $39
• Cash Advance Fee: Either $10 or 3% of the amount (whichever is greater)

Card Benefits and Perks

This card is equipped with a variety of benefits and perks that can enhance the business travel experience. Notable features include:

• Access to travel accident insurance
• Concierge services to help with travel planning and reservations
• Rental car insurance to cover damages or theft

Customer Protections and Insurance

The First Citizens Business Visa Rewards provides essential customer protections, which include:

• Fraud liability protection to shield against unauthorized transactions
• Purchase protection on eligible items for a specific duration after purchase

Eligibility and Credit Score Requirements

To qualify for the First Citizens Business Visa Rewards, applicants generally need a credit score within the range of 670 to 850. Aside from credit score considerations, applicants may also be evaluated based on business revenue, industry type, and overall financial stability.

Introductory Offers

Currently, there are no specific introductory offers like 0% APR for existing balances. However, prospective customers should keep an eye out for promotional campaigns that may provide new incentives as they arise.

Special Features or Unique Selling Points

The First Citizens Business Visa Rewards stands out for its simplicity and robust rewards structure. Another unique feature is the card’s flexibility in reward redemption and robust customer service offerings, including personalized assistance for business travel and purchase planning.

How to Apply

Applying for the First Citizens Business Visa Rewards is simple and straightforward. Interested business owners can UpCube.net for insightful resources.