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Last Updated: 04/18/2025

LAFCU VISA Business Platinum

in Business Credit Cards from LAFCU

Last Updated: 04/18/2025

LAFCU VISA Business Platinum logo
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Highlights

Purchase APR (Fixed APR)

Up to 18%(Verified 06/21/2024)

Balance Transfer APR (Fixed APR)

Up to 18%(Verified 06/21/2024)

Annual Fee

$50

Credit Score Range

600 - 850

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LAFCU VISA Business Platinum Review

This is a rewards card issued by LAFCU. If you're wondering whether LAFCU VISA Business Platinum is the right card for you, read on.

Key Takeaways

  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of up to 1% every time you make a transaction outside the U.S.
  • Poor credit accepted. This card will consider people who have poor credit.

Pros & Cons of LAFCU VISA Business Platinum

What are the relevant APRs?

It has a fixed purchase APR of up to 18%. The card has a fixed balance transfer APR of up to 18%. The card has a fixed cash advance APR of up to 18%.

Does it have an introductory APR offer?

This business card does not offer an introductory rate on new purchases.

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 $25 .
  • A returned payment fee of up to $20.

Does it charge a foreign transaction fee?

This business card charges a foreign transaction fee of 1%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $20. 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.

Does it offer a cash back or rewards program?

Yes, LAFCU VISA Business Platinum 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.

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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.

LAFCU VISA Business Platinum logo

Message from LAFCU VISA Business Platinum

LAFCU's VISA Business Credit Card is designed to meet the needs of small business, in and out of the office, while earning rewards on every purchase. Low rates, balance transfer options, and the ability to use it at a variety of places worldwide are just a few of the many benefits. You can also enjoy enhanced security to protect you from fraud with online card activation, text alerts, and more.

Contact

Headquarters

P.O. Box 26188
Lansing, MI 48909
Visit Site

Hours of Operation

Sunday
12:00AM - 12:00AM
Monday
6:00AM - 2:00AM
Tuesday
6:00AM - 2:00AM
Wednesday
6:00AM - 2:00AM
Thursday
6:00AM - 2:00AM
Friday
6:00AM - 2:00AM
Saturday
6:00AM - 9:00AM

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