SuperMoney
  MidFirst Bank Business Secured Card

MidFirst Bank Business Secured Card

in Business Credit Cards from MidFirst Bank

Unaffiliated

MidFirst Bank Business Secured Card

Unaffiliated

in Business Credit Cards from MidFirst Bank

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend MidFirst Bank Business Secured Card to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Purchase APR  (Fixed APR) Starting at 17.99
Balance Transfer APR  (Fixed APR) Starting at 17.99
Credit Score Range 500 - 850
Annual Fee Starting at 35

MidFirst Bank Business Secured Card Review

MidFirst Bank Business Secured Card FAQ

Who is MidFirst Bank Business Secured Card designed for?

MidFirst Bank Business Secured Card is a secured credit card credit card issued by MidFirst Bank. 

Secured cards are credit cards that require a refundable deposit before you qualify for a line of credit. These cards are often used to build the credit of consumers with with poor credit or little credit history.

This card is designed for businesses who have bad credit. The minimum credit score to apply is 500.

This card has a credit limit of up to 1000.

What are the relevant APRs for MidFirst Bank Business Secured Card?

MidFirst Bank Business Secured Card has a fixed purchase APR starting at 17.99% . The card has a fixed balance transfer APR starting at 17.99% .

It also has a fixed cash advance APR starting at 24.99% . Note that late payments are subject to an APR of 24.99% 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 MidFirst Bank Business Secured Card have an introductory APR offer?

No, MidFirst Bank Business Secured Card does not come with an introductory APR offer for balance transfers.

This card does offer an introductory APR rate on new purchases of 17.99%

MidFirst Bank Business Secured Card Rates & Terms
Purchase APR Starting at 17.99%
Balance Transfer APR Starting at 17.99%
Cash Advance APR Starting at 24.99%
Penalty APR 24.99%

What are the MidFirst Bank Business Secured Card fees?

The following fees apply to MidFirst Bank Business Secured Card:

  • An annual fee of $35.
  • A late payment penalty of up to $35.
  • A returned payment fee of up to $35.

Does MidFirst Bank Business Secured Card have a foreign transaction fee?

MidFirst Bank Business Secured Card charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.

MidFirst Bank Business Secured Card Fees
Fees Amount
Annual Fee $35
Foreign Transaction Fee 3%
Balance Transfer Fee 3%
Minimum Balance Transfer Fee $10
Returned Payment Fee up to $35
Late Payment Fee up to $35

Is there a MidFirst Bank Business Secured Card cash back or rewards program?

No, MidFirst Bank Business Secured Card does not offer a rewards program.

What are the MidFirst Bank Business Secured Card benefits?

MidFirst Bank Business Secured Card provides the following benefits:

  • Fraud Liability
  • Reports to major credit bureaus

Does MidFirst Bank Business Secured Card report your account activity to credit bureaus?

Yes, MidFirst Bank Business Secured Card 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 for MidFirst Bank Business Secured Card

  • Visit the MidFirst Bank .
  • 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.

Contact

Hours of Operation

  • Sunday 12:00pm - 4:00pm
  • Monday 7:00am - 9:00pm
  • Tuesday 7:00am - 9:00pm
  • Wednesday 7:00am - 9:00pm
  • Thursday 7:00am - 9:00pm
  • Friday 7:00am - 9:00pm
  • Saturday 8:00am - 6:00pm

Other Services by MidFirst Bank

Icon for Business Credit Cards
View all business credit cards offered by MidFirst Bank

Feature Breakdown

Introductory Rate 17.99
No Interest Grace Period for Late Payment 25 days
Annual Fee Starting at 35
Cash Advance Fee (%) Starting at 5
Cash Advance Fee Minimum 10
Foreign Currency Transaction Fee 3
Late Fee Amount Up to 35
Minimum Cash Advance Fee ($) Starting at 10
Returned Payment Fee Up to 35
Customer Type Business
Minimum Age 18
Credit Score Range 500 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Fraud Liability
Rewards Type No Rewards
Balance Computation Average Daily Balance
Cash Advance APR (Fixed APR) Starting at 24.99
Credit Limit 1,000 - 50,000
Penalty APR (Fixed APR) 24.99
Purchase APR (Fixed APR) Starting at 17.99
Balance Transfer Fee % 3
Balance Transfer Fee % After Intro Period Starting at 3
Balance Transfer Fee Minimum 10
Balance Transfer APR (Fixed APR) Starting at 17.99
Card Network Visa
Card Type
  • Secured

Be the first to rate

 

Would you recommend MidFirst Bank Business Secured Card to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Business Credit Cards

MidFirst Bank Business Credit Cards

Loading...