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  Meritrust Credit Union Business Rewards

Meritrust Credit Union Business Rewards

in Business Credit Cards from Meritrust Credit Union

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Meritrust Credit Union Business Rewards

Unaffiliated

in Business Credit Cards from Meritrust Credit Union

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Highlights
Purchase APR  (Variable APR) 12.99% - 18%
Balance Transfer APR  (Variable APR) 12.99% - 18%
Credit Score Range 650 - 850
Annual Fee $0

Meritrust Credit Union Business Rewards Review

Key Takeaways
  • Competitive APRs. Meritrust Credit Union Business Rewards has a variable purchase APR that ranges from 12.99% up to 18%.
  • 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.
  • No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
  • Fair or better credit required. You will have good approval odds if your credit score is above 650.
Pros & Cons of Meritrust Credit Union Business Rewards
The Good The Bad
  • Lower than average purchase APRs.
  • No annual fee.
  • No foreign transaction fee.
  • Cardholders can earn rewards on purchases everywhere Meritrust Credit Union Business Rewards is accepted.
  • Meritrust Credit Union Business Rewards reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Does not include many credit card benefits.
Meritrust Credit Union Business Rewards FAQ

Who is Meritrust Credit Union Business Rewards designed for?

This is a credit card issued by Meritrust Credit Union. 

This business card is designed for small businesses with fair credit. The minimum credit score to apply is 650.

This business card has a credit limit of up to 500.

What are the relevant APRs?

This business credit card has a variable purchase APR that ranges from 12.99% up to 18%. The card has a variable balance transfer APR that ranges from 12.99% up to 18%.

It also has a variable cash advance APR that ranges from 12.99% up to 18%. Note that late payments are subject to an APR of 18% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

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.

Meritrust Credit Union Business Rewards Rates & Terms
Purchase APR 12.99% - 18%
Balance Transfer APR 12.99% - 18%
Cash Advance APR 12.99% - 18%
Penalty APR 18%

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 $28.
  • A returned payment fee of up to $28.
  • An overlimit fee of $28.

Does it charge a foreign transaction fee?

This business credit card does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

Meritrust Credit Union Business Rewards Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 0%
Balance Transfer Fee 0%
Minimum Balance Transfer Fee $0
Returned Payment Fee up to $28
Late Payment Fee up to $28

Does it offer a cash back rewards program?

This business credit card 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.

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 customer service phone number?

The customer service number for this business card is (316) 683-1423.

What is the support contact email?

The support contact email for this business credit card is memberservices@meritrustcu.org.

Does Meritrust Credit Union Business Rewards report your account activity to credit bureaus?

Yes, Meritrust Credit Union Business Rewards 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 Meritrust 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 Meritrust Credit Union Business Rewards

Introducing Meritrust's Business Rewards Credit Card, your perfect companion for preparing for the next step of your growing business and providing you with cash-back rewards along the way. Earn 1.5 rewards points for every dollar you spend. Redeem your points for cash back in the form of a deposit right to your Meritrust business savings account, a credit to your business credit card statement or a gift card to a major retailer or restaurant.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 58:00pm - 21:00pm
  • Tuesday 58:00pm - 21:00pm
  • Wednesday 58:00pm - 21:00pm
  • Thursday 58:00pm - 21:00pm
  • Friday 58:00pm - 21:00pm
  • Saturday Closed

Other Services by Meritrust Credit Union

Feature Breakdown

Annual Fee $0
Foreign Currency Transaction Fee 0%
Minimum Interest Charge $0
No Annual Fee
No Foreign Transaction Fee
Cash Advance Fee (%) 3%
Cash Advance Fee Minimum $8
Late Fee Amount Up to $28
Minimum Cash Advance Fee ($) $8 - $35
Over-Limit Fee $28
Returned Payment Fee Up to $28
Customer Type Business
Minimum Age 18
Credit Score Range 650 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Rewards Categories
  • Every Purchase
Balance Computation Average daily balance (including new purchases)
Cash Advance APR (Variable APR) 12.99% - 18%
Credit Limit $500 - $50,000
Penalty APR (Variable APR) 18%
Purchase APR (Variable APR) 12.99% - 18%
Balance Transfer Fee % 0%
Balance Transfer Fee % After Intro Period Starting at 0%
Balance Transfer Fee Minimum $0
Balance Transfer APR (Variable APR) 12.99% - 18%
Card Network Visa
Card Type
  • Rewards

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