Members First Credit Union Business VISA Platinum

Unaffiliated

in Business Credit Cards from Members First Credit Union

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Highlights
Purchase APR (Fixed APR)	9.9% - 16.9%
Balance Transfer APR (Fixed APR)	9.9% - 16.9%
Credit Score Range	600 - 850
Annual Fee	$0

Members First Credit Union Business VISA Platinum Review

Key Takeaways

Competitive APRs. Members First Credit Union Business VISA Platinum has a fixed purchase APR that ranges from 9.9% up to 16.9%.
No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, 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 2% every time you make a transaction outside the U.S.
Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Members First Credit Union Business VISA Platinum

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Considers applicants with fair or poor credit. Members First Credit Union Business VISA Platinum reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 2%. You don't earn rewards on every purchase. Does not include many credit card benefits.

Members First Credit Union Business VISA Platinum FAQ

Who is Members First Credit Union Business VISA Platinum designed for?

This is a credit card issued by Members First Credit Union.

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

What are the relevant APRs?

This business credit card has a fixed purchase APR that ranges from 9.9% up to 16.9%. The card has a fixed balance transfer APR that ranges from 9.9% up to 16.9%.

It also has a fixed cash advance APR that ranges from 9.9% up to 16.9%.

Does it have an introductory APR offer?

No, this business card does not come with an introductory APR offer for balance transfers.

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

Members First Credit Union Business VISA Platinum Rates & Terms
Purchase APR	9.9% - 16.9%
Balance Transfer APR	9.9% - 16.9%
Cash Advance APR	9.9% - 16.9%

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.

Does it charge a foreign transaction fee?

This business card charges a foreign transaction fee of 2%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $40. 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.

Members First Credit Union Business VISA Platinum Fees
Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	2%
Balance Transfer Fee	0%
Minimum Balance Transfer Fee	$0
Returned Payment Fee	$25
Late Payment Fee	$25

Does it offer a cash back rewards program?

No, it does not offer a cash back rewards program.

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 is the support contact email?

The support contact email for this business credit card is mail@mfcu.net.

Does Members First Credit Union Business VISA Platinum report your account activity to credit bureaus?

Yes, Members First Credit Union Business VISA 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 Members First 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.

View Members First Credit Union Business VISA Platinum's published terms & conditions.

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