Last Updated: 04/18/2025
Citizens Bank Business Platinum Mastercard
Unaffiliated
in Business Credit Cards from Citizens Bank
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Business Credit Cards
Filter & compare all your options in one place.
Highlights
Purchase APR (Variable APR)
8.24% - 19.24%(Verified 06/21/2024)
Disclaimer popup with additional information
Balance Transfer APR (Variable APR)
8.24% - 19.24%(Verified 06/21/2024)
Disclaimer popup with additional information
Annual Fee
$0
Credit Score Range
600 - 850
Citizens Bank Business Platinum Mastercard Review
This is a secured credit card card issued by Citizens Bank. If you're wondering whether Citizens Bank Business Platinum Mastercard is the right card for you, read on.
Key Takeaways
- 0% Intro APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for 7 months, which is shorter than the average 0% APR period of 12 months.
- 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for 7 months.
- APRs: Citizens Bank Business Platinum Mastercard has a variable regular purchase APR that ranges from 8.24% up to 19.24%.
- No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card , but you don't have to pay an annual fee for the privilege.
- Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of up to 3% every time you make a transaction outside the U.S.
- Secured card. This card requires a refundable deposit before you can use the account. Deposits are returned upon account closure after settling outstanding balances. These cards can help people with poor credit or little credit history build their credit.
- Multiple business credit card benefits. Includes generous credit card perks, such as emergency support, identity theft protection, purchase security, travel accident insurance, and fraud protection.
- Poor credit accepted. This card will consider people who have poor credit.
Pros & Cons of Citizens 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 8.24% up to 19.24% . The card has a variable balance transfer APR that ranges from 8.24% up to 19.24% .
It also has a variable cash advance APR of 23.49%. Note that late payments are subject to an APR of 27.24% 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?
Yes, this business card offers an introductory APR rate on balance transfers of 0% for a period of 7 months from account opening.
This business card does offer an introductory APR rate on new purchases of 0% for a period of 7 months.
| Purchase APR | 8.24% - 19.24% |
| Balance Transfer APR | 8.24% - 19.24% |
| Cash Advance APR | 23.49% |
| Penalty APR | 27.24% |
What fees does it charge?
The following fees apply to this business credit card:
- There is no annual fee.
- A late payment penalty of $39 .
- A returned payment fee of $20.
Does it charge a foreign transaction fee?
This business card charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. 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.
| Fees | Amount |
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% |
| Returned Payment Fee | $20 |
| Late Payment Fee | $39 |
Does it offer a cash back or rewards program?
No, it does not offer a cash back rewards program.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rewards Type | No Rewards | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.