Members First Credit Union (MI) Business Visa Platinum Review

• Competitive APRs. Members First Credit Union (MI) 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 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 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.

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

Who is Members First Credit Union (MI) Business Visa Platinum designed for?

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

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%.

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 offer a cash back rewards program?

This business credit card offers a rewards program to its customers.

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.

Does Members First Credit Union (MI) Business Visa Platinum report your account activity to credit bureaus?

Yes, Members First Credit Union (MI) 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 (MI) .
• 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.