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  Midflorida Credit Union Business Visa Platinum Card
Midflorida Credit Union Business Visa Platinum Card Unaffiliated

Midflorida Credit Union Business Visa Platinum Card

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Highlights
Purchase APR  (Variable APR) 10.49% - 18%
(Verified 08/04/2023)
Balance Transfer APR  (Variable APR) 10.49% - 18%
(Verified 08/04/2023)
Annual Fee $0
Credit Score Range 600 - 850

Midflorida Credit Union Business Visa Platinum Card Review

This is a card issued by Midflorida Credit Union. If you're wondering whether Midflorida Credit Union business credit card is the right card for you, read on.

Key Takeaways

  • Competitive APRs. Midflorida Credit Union Business Visa Platinum Card has a variable purchase APR that ranges from 10.49% up to 18%.
  • 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.
  • Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Midflorida Credit Union business credit card

The Good The Bad
  • Potentially lower than average purchase APRs.
  • No annual fee.
  • Considers applicants with fair credit.
  • Midflorida Credit Union Business Visa Platinum Card reports to multiple credit bureaus.
  • 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.

What are the relevant APRs?

This business credit card has a variable purchase APR that ranges from 10.49% up to 18%. The card has a variable balance transfer APR that ranges from 10.49% up to 18%.

It also has a variable cash advance APR that ranges from 10.49% up to 18%. Note that late payments are subject to an APR of 17.99% 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 it have an introductory APR offer?

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

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

Midflorida Credit Union business credit card Rates & Terms
Purchase APR 10.49% - 18%
Balance Transfer APR 10.49% - 18%
Cash Advance APR 10.49% - 18%
Penalty APR 17.99%

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 $10.
  • A returned payment fee of up to $25.
  • There is no overlimit fee

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.

Midflorida Credit Union business credit card Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 1%
Returned Payment Fee up to $25
Late Payment Fee up to $10

Does it offer a cash back or rewards program?

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

What are the benefits?

This business credit card provides the following benefits:

  • Fraud Liability
  • Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (866) 913-3733.

What is the support contact email?

The support contact email for this business credit card is midfloridacreditunionamp@livenation.com.

Does Midflorida Credit Union Business Visa Platinum Card report your account activity to credit bureaus?

Yes, Midflorida Credit Union Business Visa Platinum 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?

  • Visit the Midflorida Credit Union Business Visa Platinum Card website.
  • 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 Midflorida Credit Union business credit card

When you work hard, you want a credit card that works hard too. With the Visa Platinum, you'll be able to keep your business expenses organized and stretch your cash flow. You can use it to pay bills, cover large expenses and or take a cash advance.  Plus, you'll pay a lower interest rate and no annual fee. No annual fee. Competitive interest rates. Unlimited number of authorized cardholders at no extra cost. Mobile Wallet with Google Pay, Apple Pay and Samsung Pay. Transaction alerts. Automated Fraud Alerts to notify you of suspicious activity.

Other Business Credit Cards by Midflorida Credit Union

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Feature Breakdown

Annual Fee $0
Cash Advance Fee (%) Starting at 2%
Cash Advance Fee Minimum $20
Foreign Currency Transaction Fee 1%
Late Fee Amount Up to $10
Minimum Cash Advance Fee ($) Starting at $20
Minimum Interest Charge $0
No Annual Fee
No Interest Grace Period for Late Payment 21 days
Over-Limit Fee $0
Returned Payment Fee Up to $25
Customer Type Business
Minimum Age 18
Credit Score Range 600 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Fraud Liability
Rewards Type No Rewards
APR Type Variable APR
Balance Computation Average daily balance (including new purchases).
Cash Advance APR (Variable APR) 10.49% - 18%
Penalty APR (Variable APR) 17.99%
Purchase APR (Variable APR) 10.49% - 18%
(Verified 08/04/2023)
Balance Transfer APR (Variable APR) 10.49% - 18%
(Verified 08/04/2023)
Card Network Visa
Card Type
  • Low Interest

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