SuperMoney
  First Bank & Trust Co. Smart Business Rewards Card
First Bank & Trust Co. Smart Business Rewards Card Unaffiliated

First Bank & Trust Co. Smart Business Rewards Card

Unaffiliated
Not enough votes for recommendation

Not enough votes for recommendation

Explore a similar product
Try this top product in Business Credit Cards.
Spark 2X Miles
Spark 2X Miles 8 reviews
Highlights
Purchase APR  (Variable APR) 18.99% - 23.99%
(Verified 10/25/2022)
Balance Transfer APR  (Variable APR) 18.99% - 23.99%
(Verified 10/25/2022)
Credit Score Range 650 - 840
Annual Fee $0 - $95

First Bank & Trust Co. Smart Business Rewards Card Review

Key Takeaways

  • High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 18.99% up to 23.99%.
  • 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. First Bank & Trust Co. Smart Business Rewards Card gives you the chance to have the card for a year without paying the $0 annual fee.
  • 3% Balance transfer fee. First Bank & Trust Co. Smart Business Rewards 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 First Bank & Trust Business Rewards Card

The Good The Bad
  • Annual fee waived during the first year.
  • No foreign transaction fee.
  • Cardholders can earn rewards on their purchases.
  • First Bank & Trust Co. Smart Business Rewards Card reports to multiple credit bureaus.
  • Higher than average purchase APRs.
  • Does not offer a signup bonus.
  • Charges a 3% balance transfer fee.
  • Does not include many credit card benefits.

First Bank & Trust Business Rewards Card FAQ

Who is First Bank & Trust Business Rewards Card designed for?

This is a credit card issued by First Bank & Trust Co..

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 variable purchase APR that ranges from 18.99% up to 23.99%. The card has a variable balance transfer APR that ranges from 18.99% up to 23.99%.

It also has a variable cash advance APR of 28.99%. Note that late payments are subject to an APR of 30.24% 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?

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.

First Bank & Trust Business Rewards Card Rates & Terms
Purchase APR 18.99% - 23.99%
Balance Transfer APR 18.99% - 23.99%
Cash Advance APR 28.99%
Penalty APR 30.24%

What fees does it charge?

The following fees apply to this business credit card:

  • There is no annual fee.
  • A late payment penalty of 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.

First Bank & Trust Business Rewards Card Fees
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, First Bank & Trust Business Rewards 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:

  • Advertising Services
  • Airfare
  • Amazon.com
  • Car Rentals
  • Internet, Cable and Phone Services
  • Drug Stores
  • Education
  • Every Purchase
  • Furniture
  • Gas stations
  • Groceries
  • Gyms
  • Home Improvement
  • Hotels
  • Insurance
  • Office Supply Stores
  • Restaurants
  • Retail
  • Shipping
  • Software, Hardware, Cloud
  • Utilities
  • Warehouse Clubs

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.

What is the customer service phone number?

The customer service number for this business card is .

What is the support contact email?

The support contact email for this business credit card is info@fb247.com.

Does First Bank & Trust Co. Smart Business Rewards Card report your account activity to credit bureaus?

Yes, First Bank & Trust Co. Smart Business Rewards 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 First Bank & Trust Co. .
  • 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.

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Annual Fee $0 - $95
Cash Advance Fee (%) 4%
Cash Advance Fee Minimum $10
Foreign Currency Transaction Fee 0%
Late Fee Amount $19 - $39
Minimum Cash Advance Fee ($) $10
Minimum Interest Charge $1
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
Customer Type Business
Minimum Age 18
Credit Score Range 650 - 840
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Bonus Rewards $200 bonus. Earn 20,000 bonus rewards points when you spend $500 in the first 90 days of account opening.
Rewards Categories
  • 1x - 2x Points on Every Purchase
APR Type Variable APR
Balance Computation average daily balance (including new purchases).
Cash Advance APR (Variable APR) 28.99%
Penalty APR (Variable APR) 30.24%
Purchase APR (Variable APR) 18.99% - 23.99%
(Verified 10/25/2022)
Balance Transfer Fee % 3%
Balance Transfer Fee Minimum $5
Balance Transfer APR (Variable APR) 18.99% - 23.99%
(Verified 10/25/2022)
Card Network Visa
Card Type
  • Rewards

Be the first to rate

 

Would you recommend First Bank & Trust Co. Smart Business Rewards Card to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Business Credit Cards

First Bank & Trust Co. Business Credit Cards

Loading...