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  McCoy Federal Credit Union Visa Business Platinum
McCoy Federal Credit Union Visa Business Platinum
in Business Credit Cards from McCoy Federal Credit Union
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McCoy Federal Credit Union Visa Business Platinum

Unaffiliated
in Business Credit Cards from McCoy Federal Credit Union
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Highlights
Purchase APR  (Variable APR) Starting at 9.50
Balance Transfer APR  (Variable APR) Starting at 9.50
Credit Score Range 600 - 850
Annual Fee $0

McCoy Federal Credit Union Visa Business Platinum Review

Key Takeaways

  • No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1.5% 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, 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 600.

Pros & Cons of McCoy Federal Credit Union Visa Business Platinum

The Good The Bad
  • Potentially lower than average purchase APRs.
  • No annual fee.
  • Multiple business credit card perks.
  • Offers auto rental collision damage waiver.
  • Extended warranty on purchases.
  • Travel accident and travel assistance insurance.
  • Considers applicants with fair credit.
  • Cardholders can earn rewards on purchases everywhere McCoy Federal Credit Union Visa Business Platinum is accepted.
  • McCoy Federal Credit Union Visa Business Platinum reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 1.5%.

McCoy Federal Credit Union Visa Business Platinum FAQ

Who is McCoy Federal Credit Union Visa Business Platinum designed for?

This is a credit card issued by McCoy Federal Credit Union.

This business card is designed for small businesses with fair credit. The minimum credit score to apply is 600.

This business card has a credit limit of up to 5000.

What are the relevant APRs?

This business credit card has a variable purchase APR starting at 9.50% . The card has a variable balance transfer APR starting at 9.50% .

It also has a variable cash advance APR starting at 9.50% .

The good news is this business card does not charge a penalty APR if you are late on a payment.

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.

McCoy Federal Credit Union Visa Business Platinum Rates & Terms
Purchase APR Starting at 9.50%
Balance Transfer APR Starting at 9.50%
Cash Advance APR Starting at 9.50%
Penalty APR 0%

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 $25.
  • A returned payment fee of up to $25.
  • There is no overlimit fee

Does it charge a foreign transaction fee?

This business card charges a foreign transaction fee of 1.5%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $30. 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.

McCoy Federal Credit Union Visa Business Platinum Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 1.5%
Balance Transfer Fee 0%
Minimum Balance Transfer Fee $0
Returned Payment Fee up to $25
Late Payment Fee up to $25

Does it offer a cash back or rewards program?

Yes, McCoy Federal Credit Union 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.

What are the benefits?

This business credit card provides the following benefits:

  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Extended Warranty Protection
  • 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 (407) 855-5452.

What is the support contact email?

The support contact email for this business credit card is mccoy@mccoyfcu.org.

Does McCoy Federal Credit Union Visa Business Platinum report your account activity to credit bureaus?

Yes, McCoy Federal Credit Union Visa Business Platinum 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 McCoy Federal Credit Union .
  • 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.
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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.

Message From McCoy Federal Credit Union Visa Business Platinum

Imagine a VISA Business Credit Card with a great rate, NO hidden fees, generous credit limit plus earns rewards on every dollar spent! Visa Business Platinum Credit Card: Credit limits from $5,000 to $75,000. Rates as low as 9.50% APR. Rewards! - earn 1 reward point for every dollar. FREE Visa Alerts. Plus FREE Visa Benefits including: World-wide Automatic Travel Accident Insurance. Baggage Delay Insurance. Car Rental Collision Damage Waiver. Warranty Manager Service. Travel & Emergency Assistance Service.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 6:00am - 2:00am
  • Tuesday 6:00am - 2:00am
  • Wednesday 6:00am - 2:00am
  • Thursday 6:00am - 2:00am
  • Friday 6:00am - 3:00am
  • Saturday Closed

Other Services by McCoy Federal Credit Union

Feature Breakdown

Annual Fee $0
Cash Advance Fee (%) Starting at 3
Cash Advance Fee Minimum 10
Foreign Currency Transaction Fee 1.5
Late Fee Amount Up to 25
Minimum Cash Advance Fee ($) Starting at 10
Minimum Interest Charge 0
No Annual Fee
No Interest Grace Period for Late Payment 21 days
Over-Limit Fee 0
Returned Payment Fee Up to 25
Customer Type Business
Minimum Age 18
Credit Score Range 600 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Extended Warranty Protection
  • Emergency Support
  • Travel Accident Insurance
  • Travel Assistance
Rewards Categories
  • Every Purchase
APR Type Variable APR
Balance Computation Average Daily Balance (including new purchases)
Cash Advance APR (Variable APR) Starting at 9.50
Credit Limit 5,000 - 75,000
Penalty APR (Variable APR) 0
Purchase APR (Variable APR) Starting at 9.50
Balance Transfer Fee % 0
Balance Transfer Fee % After Intro Period 0
Balance Transfer Fee Minimum 0
Balance Transfer APR (Variable APR) Starting at 9.50
Card Network Visa
Card Type
  • Rewards
  • Low Interest

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