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  Pen Air FCU Business Mastercard Credit Card
Pen Air FCU Business Mastercard Credit Card
in Business Credit Cards from Pen Air Federal Credit Union
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Pen Air FCU Business Mastercard Credit Card

Unaffiliated
in Business Credit Cards from Pen Air Federal Credit Union
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Highlights
Purchase APR 8.9%
Balance Transfer APR 8.9%
Credit Score Range 650 - 850
Annual Fee $0

Pen Air FCU Business Mastercard Credit Card Review

Key Takeaways
  • Competitive APRs. Pen Air FCU Business Mastercard Credit Card has a variable purchase APR of 8.9%
  • 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.
  • Fair or better credit required. You will have good approval odds if your credit score is above 650.
Pros & Cons of Pen Air Federal Credit Union business credit card
The Good The Bad
  • Potentially lower than average purchase APRs.
  • No annual fee.
  • Pen Air FCU Business Mastercard Credit Card reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • You don't earn rewards on every purchase.
Pen Air Federal Credit Union business credit card FAQ

Who is Pen Air Federal Credit Union business credit card designed for?

This is a credit card issued by Pen Air Federal Credit Union. 

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

What are the relevant APRs?

This business credit card has a variable purchase APR of 8.9%. The card has a variable balance transfer APR of 8.9% .

It also has a variable cash advance APR of 8.9%.

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.

Pen Air Federal Credit Union business credit card Rates & Terms
Purchase APR 8.9%
Balance Transfer APR 8.9%
Cash Advance APR 8.9%

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 $29.
  • A returned payment fee of up to $29.
  • An overlimit fee of $29.
Pen Air Federal Credit Union business credit card Fees
Fees Amount
Annual Fee $0
Balance Transfer Fee 0%
Minimum Balance Transfer Fee $0
Returned Payment Fee up to $29
Late Payment Fee up to $29

Does it offer a cash back rewards program?

No, it does not offer a cash back rewards program. This business card offers rewards to small business owners that use the card to make purchases in the following bonus categories:

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 support contact email?

The support contact email for this business credit card is marketing@penair.org.

Does Pen Air FCU Business Mastercard Credit Card report your account activity to credit bureaus?

Yes, Pen Air FCU Business Mastercard Credit Card reports your account activity to the following credit reporting agencies:

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 Pen Air Federal 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 Pen Air Federal Credit Union

It’s anything but business as usual with Pen Air’s Mastercard Business Card®. A variable rate credit card that earns CU Rewards® points at a rate of one point per dollar.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:00am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 5:00pm
  • Saturday Closed

Other Services by Pen Air Federal Credit Union

Feature Breakdown

Annual Fee $0
Cash Advance Fee (%) Up to 3%
Cash Advance Fee Minimum $5
Late Fee Amount Up to $29
Minimum Cash Advance Fee ($) Starting at $5
Over-Limit Fee $29
Returned Payment Fee Up to $29
Minimum Age 18
Credit Score Range 650 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Identity Theft Protection
  • Fraud Liability
  • Concierge
Rewards Categories
  • Every Purchase
Balance Computation “average daily balance” for each Transaction Type
Cash Advance APR 8.9%
Purchase APR 8.9%
Balance Transfer Fee % 0%
Balance Transfer Fee Minimum $0
Balance Transfer APR 8.9%
Card Network Mastercard
Card Type
  • Rewards
  • Balance Transfer

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