
Berkshire Bank Business Rewards Visa Signature® Card
Not enough votes for recommendation
Would you recommend Berkshire Bank Business Rewards Visa Signature® Card to your friends?
Purchase APR (Variable APR) | 15.99% - 20.99% |
Balance Transfer APR (Variable APR) | 15.99% - 20.99% |
Credit Score Range | 650 - 850 |
Annual Fee | $0 - $95 |
Berkshire Bank Business Rewards Visa Signature® Card Review
This is a rewards card issued by Berkshire Bank. If you're wondering whether Berkshire Bank business credit card is the right card for you, read on.
Key Takeaways
- Signup bonus. Offers a signup bonus of 20000 points after spending $500 that can be redeemed for travel, gifts, or other perks.
- Competitive APRs. Berkshire Bank Business Rewards Visa Signature® Card has a variable purchase APR that ranges from 15.99% up to 20.99%.
- Rewards program. This credit card offers rewards on your purchases, but you will have to pay an annual fee of up to $95 for the privilege.
- Annual fee waived the first year. Berkshire Bank Business Rewards Visa Signature® Card gives you the chance to have the card for a year without paying the $0 annual fee.
- 3% Balance transfer fee. Berkshire Bank Business Rewards Visa Signature® Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
- No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
- Fair or better credit required. You will have good approval odds if your credit score is above 650.
Pros & Cons of Berkshire Bank business credit card
The Good | The Bad |
---|---|
|
|
What are the relevant APRs?
This business credit card has a variable purchase APR that ranges from 15.99% up to 20.99%. The card has a variable balance transfer APR that ranges from 15.99% up to 20.99%.
It also has a variable cash advance APR of 23.99%. Note that late payments are subject to an APR of 28.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.
Does it have an introductory APR offer?
No, this business card does not come with an introductory APR offer for balance transfers.
This business card does not offer an introductory rate on new purchases.Purchase APR | 15.99% - 20.99% |
Balance Transfer APR | 15.99% - 20.99% |
Cash Advance APR | 23.99% |
Penalty APR | 28.99% |
What fees does it charge?
The following fees apply to this business credit card:
- There is no annual fee.
- A late payment penalty of up to $39.
- A returned payment fee of up to $35.
- An overlimit fee of $39.
Does it charge a foreign transaction fee?
This business credit card does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.
Fees | Amount |
---|---|
Annual Fee | $0 |
Foreign Transaction Fee | 0% |
Balance Transfer Fee | 3% |
Minimum Balance Transfer Fee | $5 |
Returned Payment Fee | $35 |
Late Payment Fee | $19 to $39 |
Does it offer a cash back or rewards program?
Yes, Berkshire Bank business credit card offers a rewards program to its customers. This business card offers rewards to small business owners that use the card to make purchases in the following bonus categories:
- Every Purchase
Does it have a sign up bonus?
This business credit card doesn't offer a cash signup bonus.
However, it does include a 20000 points signup bonus after you spend $500 that can be redeemed for travel, gifts, or other perks.
Does it offer an annual loyalty bonus?
This business card doesn't offer a cash loyalty bonus.
What are the benefits?
This business credit card provides the following benefits:
- Fraud Liability
- Reports to major credit bureaus
What is the customer service phone number?
The customer service number for this business card is (800) 773-5601.
What is the support contact email?
The support contact email for this business credit card is websupport@berkshirebank.com.
Does Berkshire Bank Business Rewards Visa Signature® Card report your account activity to credit bureaus?
Yes, Berkshire Bank Business Rewards Visa Signature® Card 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 Berkshire 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.
Message From Berkshire Bank business credit card
Contact
- Headquarters
-
P.O. Box 9201
Old Bethpage, NY 11804 USA - (800) 773-5601
- Visit Site
- Email Support
Other Services by Berkshire Bank
Feature Breakdown
Annual Fee | $0 - $95 |
Cash Advance Fee (%) | Up to 4% |
Cash Advance Fee Minimum | $10 |
Foreign Currency Transaction Fee | 0% |
Late Fee Amount | $19 - $39 |
Minimum Cash Advance Fee ($) | Starting at $10 |
Minimum Interest Charge | $2 |
No Annual Fee First Year | |
No Foreign Transaction Fee | |
No Interest Grace Period for Late Payment | 24 days |
Over-Limit Fee | $39 |
Returned Payment Fee | $35 |
Be the first to rate
Would you recommend Berkshire Bank Business Rewards Visa Signature® Card to your friends?
Berkshire Bank Business Credit Cards
- American Express® National Bank Credit Card
- BB&T Spectrum Travel Rewards Business Visa
- Bremer Bank Visa Signature Business Company Card
- Bridge City Bank Business Real Rewards Card
- Coast Central CU Business Visa Credit Card
- F&M Bank Smart Business Rewards Card
- First Bank & Trust Co. Business Cash Preferred Card
- Navy Federal Credit Union Business Credit Card
- Nevada State Bank Cash Business Visa Card
- Oregon Community CU Visa Credit Card
- Premier Members CU Business Visa Credit Card
- The Revenued Business Card Visa® Commercial Card