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  Banner Bank Commercial Rewards Mastercard

Banner Bank Commercial Rewards Mastercard

in Business Credit Cards from Banner Bank

Unaffiliated

Banner Bank Commercial Rewards Mastercard

Unaffiliated

in Business Credit Cards from Banner Bank

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Highlights
Purchase APR  (Fixed APR) 11.99%
Balance Transfer APR  (Fixed APR) N/A
Credit Score Range 650 - 850
Annual Fee $10

Banner Bank Commercial Rewards Mastercard Review

Key Takeaways
  • Competitive APRs. Banner Bank Commercial Rewards Mastercard has a fixed purchase APR of 11.99%
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1.1% every time you make a transaction outside the U.S.
  • Multiple business credit card benefits. Includes generous credit card perks, such as rental insurance, extended warranty protection on purchases, identity theft protection, purchase protection, travel accident insurance, and fraud protection.
  • Fair or better credit required. You will have good approval odds if your credit score is above 650.
Pros & Cons of Banner Bank business credit card
The Good The Bad
  • Lower than average purchase APRs.
  • Multiple business credit card perks.
  • Offers auto rental collision damage waiver.
  • Extended warranty on purchases.
  • Identity Theft Protection.
  • Travel accident insurance.
  • Cardholders can earn rewards on purchases everywhere Banner Bank Commercial Rewards Mastercard is accepted.
  • Banner Bank Commercial Rewards Mastercard reports to multiple credit bureaus.
  • Charges an annual fee of $10
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 1.1%.
Banner Bank business credit card FAQ

Who is Banner Bank business credit card designed for?

This is a credit card issued by Banner Bank. 

This business card is designed for small businesses with fair credit. The minimum credit score to apply is 650.

What are the relevant APRs?

This business credit card has a fixed purchase APR of 11.99%.

It also has a fixed cash advance APR of 18%.

Does it have an introductory APR offer?

This business credit card does not offer an introductory rate on new purchases.

Banner Bank business credit card Rates & Terms
Purchase APR 11.99%
Cash Advance APR 18%

What fees does it charge?

The following fees apply to this business credit card:

  • An annual fee of $10.
  • A late payment penalty of up to $20.
  • An overlimit fee of $20.

Does it charge a foreign transaction fee?

This business card charges a foreign transaction fee of 1.1%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $22. If you travel abroad you may want to leave this business card at home and apply for one that doesn't charge a foreign transaction fee.

Banner Bank business credit card Fees
Fees Amount
Annual Fee $10
Foreign Transaction Fee 1.1%
Late Payment Fee $20

Does it offer a cash back rewards program?

This business credit card offers a rewards program to its customers. The rewards program allows you to earn cash with every purchase you make. This business card offers rewards to small business owners that use the card to make purchases in the following bonus categories:

  • Airfare
  • Car Rentals
  • Every Purchase
  • Home Improvement
  • Hotels
  • Insurance
  • Office Supply Stores
  • Restaurants
  • Retail

Does it have a sign up bonus?

This business credit card doesn't offer a cash signup bonus.

Does it offer an annual loyalty bonus?

This business card doesn't offer a cash loyalty bonus.

Can I get it with just an employer identification number (EIN)?

You can apply for this business credit card with your EIN number, but expect the credit card issuer to also require your Social Security number. This is because, as with most business cards, it requires you to personally guarantee the line of credit.

What are the benefits?

This business credit card provides the following benefits:

  • Auto Rental Collision Damage Waiver
  • Extended Warranty Protection
  • Fraud Liability
  • Travel Accident Insurance
  • Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (509) 527-3636.

What is the support contact email?

The support contact email for this business credit card is merchantservices@bannerbank.com.

Does Banner Bank Commercial Rewards Mastercard report your account activity to credit bureaus?

Yes, Banner Bank Commercial Rewards Mastercard reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply?

  • Visit the Banner Bank .
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.
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Message From Banner Bank Commercial Rewards Mastercard

With our Commercial Mastercard® TruRewards® option you can redeem rewards for travel, gift cards, cash back and more from your company's combined spending.

Feature Breakdown

Cash Advance Fee (%) 0%
Cash Advance Fee Minimum $0
Minimum Cash Advance Fee ($) $0
Minimum Interest Charge $0
No Interest Grace Period for Late Payment 25 days
Annual Fee $10
Foreign Currency Transaction Fee 1.1%
Late Fee Amount $20
Over-Limit Fee $20
Returned Payment Fee Starting at $15
Customer Type Business
Minimum Age 18
Credit Score Range 650 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Identity Theft Protection
  • Auto Rental Collision Damage Waiver
  • Extended Warranty Protection
  • Purchase Protection
  • Fraud Liability
  • Travel Accident Insurance
Rewards Rates
  • Travel
  • Airfare
  • Car Rentals
  • Retail
  • Home Improvement Purchases
  • Hotels
  • Office Supplies
  • Restaurants
  • Insurance
  • Every Purchase
  • Entertainment
Balance Computation Average daily balance (including new purchases)
Cash Advance APR (Fixed APR) 18%
Credit Limit Up to $25,000
Purchase APR (Fixed APR) 11.99%
Card Network Mastercard
Card Type
  • Rewards
  • Cashback
  • Travel

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