SuperMoney
  FirstBank Puerto Rico Beyond Business Mastercard

FirstBank Puerto Rico Beyond Business Mastercard

in Business Credit Cards from FirstBank Puerto Rico

Unaffiliated

FirstBank Puerto Rico Beyond Business Mastercard

Unaffiliated

in Business Credit Cards from FirstBank Puerto Rico

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend FirstBank Puerto Rico Beyond Business Mastercard to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Purchase APR  (Variable APR) 13.25% - 23.25%
Balance Transfer APR  (Variable APR) 13.25% - 23.25%
Credit Score Range 650 - 850
Annual Fee $50

FirstBank Puerto Rico Beyond Business Mastercard Review

Key Takeaways
  • Signup bonus. Offers a signup bonus of 5000 points after spending $1,000 that can be redeemed for travel, gifts, or other perks.
  • Competitive APRs. FirstBank Puerto Rico Beyond Business Mastercard has a variable purchase APR that ranges from 13.25% up to 23.25%.
  • Annual fee waived the first year. FirstBank Puerto Rico Beyond Business Mastercard gives you the chance to have the card for a year without paying the $50 annual fee.
  • 2% Balance transfer fee. FirstBank Puerto Rico Beyond Business Mastercard charges a fee of 2% on balance transfers. For example, a balance of $1,000 could cost $20 in transfer fees. The minimum fee is $2.
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1.4% every time you make a transaction outside the U.S.
  • Multiple business credit card benefits. Includes generous credit card perks, such as rental insurance, 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 FirstBank Puerto Rico Beyond Business Mastercard
The Good The Bad
  • Potentially lower than average purchase APRs.
  • Has an introductory APR rate on balance transfers of 1.99%.
  • Annual fee waived during the first year.
  • Multiple business credit card perks.
  • Offers auto rental collision damage waiver.
  • Travel accident insurance.
  • Cardholders can earn rewards on purchases everywhere FirstBank Puerto Rico Beyond Business Mastercard is accepted.
  • FirstBank Puerto Rico Beyond Business Mastercard reports to multiple credit bureaus.
  • Charges an annual fee of $50
  • Charges a foreign transaction fee of 1.4%.
  • Rewards bonus rate of only 1.25% on most everyday purchases. Terms apply*.
  • Charges a 2% balance transfer fee.
FirstBank Puerto Rico Beyond Business Mastercard FAQ

Who is FirstBank Puerto Rico Beyond Business Mastercard designed for?

This is a credit card issued by FirstBank Puerto Rico. 

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 13.25% up to 23.25%. The card has a variable balance transfer APR that ranges from 13.25% up to 23.25%.

It also has a variable cash advance APR that ranges from 21.75% up to 26.75%. Note that late payments are subject to an APR of 29.99% 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?

Yes, this business card offers an introductory APR rate on balance transfers of 1.99% for a period of 6 months from account opening.

This business card does offer an introductory APR rate on new purchases of 1.99% for a period of 6 months.

FirstBank Puerto Rico Beyond Business Mastercard Rates & Terms
Purchase APR 13.25% - 23.25%
Balance Transfer APR 13.25% - 23.25%
Cash Advance APR 21.75% - 26.75%
Penalty APR 29.99%

What fees does it charge?

The following fees apply to this business credit card:

  • An annual fee of $50.
  • A late payment penalty of up to $35.
  • A returned payment fee of up to $15.

Does it charge a foreign transaction fee?

This business card charges a foreign transaction fee of 1.4%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $28. 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.

FirstBank Puerto Rico Beyond Business Mastercard Fees
Fees Amount
Annual Fee $50
Foreign Transaction Fee 1.4%
Balance Transfer Fee 2%
Minimum Balance Transfer Fee $2
Returned Payment Fee up to $15
Late Payment Fee up to $35

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.

However, it does include a 5000 points signup bonus after you spend $1000 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.

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
  • Fraud Liability
  • Travel Accident Insurance
  • Reports to major credit bureaus

What is the support contact email?

The support contact email for this business credit card is customercare@1firstbank.com.

Does FirstBank Puerto Rico Beyond Business Mastercard report your account activity to credit bureaus?

Yes, FirstBank Puerto Rico Beyond Business 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 FirstBank Puerto Rico .
  • 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 FirstBank Puerto Rico Beyond Business Mastercard

Earn rewards for every transaction you make while controlling your expenses. Free Rewards Program and other benefits for your business.

Feature Breakdown

Introductory Rate 1.99%
Purchase Intro APR Period (Variable APR) 6 months
No Annual Fee First Year
No Interest Grace Period for Late Payment 25 days
Annual Fee $50
Cash Advance Fee (%) 2%
Cash Advance Fee Minimum $2
Foreign Currency Transaction Fee 1.4%
Late Fee Amount Up to $35
Minimum Cash Advance Fee ($) $10
Minimum Interest Charge $1.50
Returned Payment Fee Up to $15
Customer Type Personal
Minimum Age 18
Credit Score Range 650 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Purchase Protection
  • Fraud Liability
  • Travel Accident Insurance
Rewards Categories
  • Every Purchase
Signup Bonus (points) 5,000
Balance Computation Average daily balance (including new purchases).
Cash Advance APR (Variable APR) 21.75% - 26.75%
Penalty APR (Variable APR) 29.99%
Purchase APR (Variable APR) 13.25% - 23.25%
Balance Transfer Fee % 2%
Balance Transfer Fee Minimum $2
Balance Transfer Intro APR Period (Variable APR) 6 months
Balance Transfer Introductory APR (Variable APR) 1.99%
Balance Transfer APR (Variable APR) 13.25% - 23.25%
Card Network Mastercard
Card Type
  • Rewards

Be the first to rate

 

Would you recommend FirstBank Puerto Rico Beyond Business Mastercard 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