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  Michigan First Credit Union Business Visa

Michigan First Credit Union Business Visa

in Business Credit Cards from Michigan First Credit Union

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Michigan First Credit Union Business Visa

Unaffiliated

in Business Credit Cards from Michigan First Credit Union

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Highlights
Purchase APR  (Variable APR) N/A
Balance Transfer APR  (Variable APR) N/A
Credit Score Range 670 - 850
Annual Fee $0

Michigan First Credit Union Business Visa Review

Key Takeaways
  • 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 1% every time you make a transaction outside the U.S.
  • Good or better credit required. You will have low approval odds if your credit score is below 670.
Pros & Cons of Michigan First Credit Union Business Visa
The Good The Bad
  • No annual fee.
  • Michigan First Credit Union Business Visa reports to multiple credit bureaus.
  • Requires good to excellent credit.
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • Charges a foreign transaction fee of 1%.
  • You don't earn rewards on every purchase.
  • Does not include many credit card benefits.
Michigan First Credit Union Business Visa FAQ

Who is Michigan First Credit Union Business Visa designed for?

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

This business card is designed for small business owners with good credit. The minimum credit score to apply is 670.

What are the relevant APRs?

Does it have an introductory APR offer?

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

Michigan First Credit Union Business Visa Rates & Terms

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 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.

Michigan First Credit Union Business Visa Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 1%
Returned Payment Fee $25
Late Payment Fee up to $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 are the benefits?

This business credit card provides the following benefits:

  • Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (800) 644-3828.

What is the support contact email?

The support contact email for this business credit card is help@michiganfirst.com.

Does Michigan First Credit Union Business Visa report your account activity to credit bureaus?

Yes, Michigan First Credit Union Business Visa 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 Michigan 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.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
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 Michigan First Credit Union Business Visa

There are many financial responsibilities that come with running a business. Whether it’s an urgent company expense or a recurring payment, our Visa® Business Credit Card allows you to handle financial matters with ease. Apply today* for a competitive interest rate and no annual fee.

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Other Services by Michigan First Credit Union

Feature Breakdown

Annual Fee $0
Minimum Interest Charge $0
No Annual Fee
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee (%) 3%
Cash Advance Fee Minimum $10
Foreign Currency Transaction Fee 1%
Late Fee Amount Up to $25
Minimum Cash Advance Fee ($) $10
Returned Payment Fee $25
Customer Type Business
Minimum Age 18
Credit Score Range 670 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits Purchase Protection
Rewards Type No Rewards
Balance Computation Average daily balance
Card Network Visa
Card Type
  • Low Interest

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