F&M Bank Business Cash Preferred Card

F&M Bank Business Cash Preferred Card Review

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers.
• Competitive APRs. F&M Bank Business Cash Preferred Card has a variable purchase APR that ranges from 16.99% up to 25.99%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. F&M Bank Business Cash Preferred 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.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
• Good or better credit required. You will have low approval odds if your credit score is below 670.

Pros & Cons of F&M Bank Business Cash Preferred Card

F&M Bank Business Cash Preferred Card FAQ

Who is F&M Bank Business Cash Preferred Card designed for?

This is a credit card issued by F&M Bank.

This business card is designed for small business owners with good credit. The minimum credit score to apply is 670.

What are the relevant APRs?

This business credit card has a variable purchase APR that ranges from 16.99% up to 25.99%. The card has a variable balance transfer APR that ranges from 16.99% up to 25.99%.

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.

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 offer a cash back or rewards program?

No, it does not offer a cash back rewards program. The rewards program allows you to earn cash with every purchase you make.

What are the benefits?

This business credit card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Fraud Liability

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 rcs@fmb.com.

How to apply?

• Visit the F&M 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.