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  Exchange Bank and Trust Visa® Business Card

Exchange Bank and Trust Visa® Business Card

in Business Credit Cards from Exchange Bank and Trust

Unaffiliated

Exchange Bank and Trust Visa® Business Card

Unaffiliated

in Business Credit Cards from Exchange Bank and Trust

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Highlights
Purchase APR  (Fixed APR) 10.17%
Balance Transfer APR  (Fixed APR) 10.17%
Credit Score Range 650 - 850
Annual Fee $29

Exchange Bank and Trust Visa® Business Card Review

Key Takeaways
  • Competitive APRs. Exchange Bank and Trust Visa® Business Card has a fixed purchase APR of 10.17%
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
  • Multiple business credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, identity theft protection, purchase protection, travel accident insurance, travel assistance, and fraud protection.
  • Fair or better credit required. You will have good approval odds if your credit score is above 650.
Pros & Cons of Exchange Bank and Trust Visa® Business 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 and travel assistance insurance.
  • Cardholders can earn rewards on purchases everywhere Exchange Bank and Trust Visa® Business Card is accepted.
  • Exchange Bank and Trust Visa® Business Card reports to multiple credit bureaus.
  • Charges an annual fee of $29
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 3%.
Exchange Bank and Trust Visa® Business Card FAQ

Who is Exchange Bank and Trust Visa® Business Card designed for?

This is a credit card issued by Exchange Bank and Trust. 

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 10.17%. The card has a fixed balance transfer APR of 10.17% .

It also has a fixed cash advance APR of 21%. Note that late payments are subject to an APR of 21% 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 credit card does not offer an introductory rate on new purchases.

Exchange Bank and Trust Visa® Business Card Rates & Terms
Purchase APR 10.17%
Balance Transfer APR 10.17%
Cash Advance APR 21%
Penalty APR 21%

What fees does it charge?

The following fees apply to this business credit card:

  • An annual fee of $29.
  • A late payment penalty of up to $29.
  • A returned payment fee of up to $29.
  • An overlimit fee of $29.

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.

Exchange Bank and Trust Visa® Business Card Fees
Fees Amount
Annual Fee $29
Foreign Transaction Fee 3%
Returned Payment Fee up to $29
Late Payment Fee up to $29

Does it offer a cash back rewards program?

This 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.

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
  • Emergency Support
  • Extended Warranty Protection
  • Fraud Liability
  • Travel Accident Insurance
  • Travel Assistance
  • Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (913) 367-6000.

What is the support contact email?

The support contact email for this business credit card is ibank@myexchangebank.com.

Does Exchange Bank and Trust Visa® Business Card report your account activity to credit bureaus?

Yes, Exchange Bank and Trust Visa® Business 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 Exchange Bank and Trust .
  • 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.
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.

Message From Exchange Bank and Trust Visa® Business Card

Individual cards with company and employee name. Assign the credit limit you need for each card. Standard - Each employee receives statement. Central Bill - One statement for business administrator. $29 per card. Annual fees can be waived with $5,000 in annual spending per card or when you sign up for AutoPay!

Feature Breakdown

No Interest Grace Period for Late Payment 25 days
Annual Fee $29
Cash Advance Fee (%) 3%
Cash Advance Fee Minimum $10
Foreign Currency Transaction Fee 3%
Late Fee Amount Up to $29
Minimum Cash Advance Fee ($) $10
Over-Limit Fee $29
Returned Payment Fee Up to $29
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
  • Emergency Support
  • Fraud Liability
  • Travel Accident Insurance
  • Travel Assistance
Rewards Categories
  • Every Purchase
Balance Computation Average daily balance (including new transactions).
Cash Advance APR (Fixed APR) 21%
Penalty APR (Fixed APR) 21%
Purchase APR (Fixed APR) 10.17%
Balance Transfer APR (Fixed APR) 10.17%
Card Network Visa
Card Type
  • Rewards

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