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  Pen Air Federal Credit Union Business Mastercard Credit Card

Pen Air Federal Credit Union Business Mastercard Credit Card

in Business Credit Cards from Pen Air Federal Credit Union

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Pen Air Federal Credit Union Business Mastercard Credit Card

Unaffiliated

in Business Credit Cards from Pen Air Federal Credit Union

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Highlights
Purchase APR  (Variable APR) 8.9%
Balance Transfer APR  (Variable APR) 8.9%
Credit Score Range 650 - 850
Annual Fee $0

Pen Air Federal Credit Union Business Mastercard Credit Card Review

Key Takeaways
  • Competitive APRs. Pen Air Federal Credit Union 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 rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
  • Fair or better credit required. You will have good approval oods if your credit score is above650.
Pros & Cons of Pen Air Federal Credit Union business credit card
The Good The Bad
  • Lower than average purchase APRs.
  • No annual fee.
  • Access to a concierge.
  • Identity Theft Protection.
  • Cardholders can earn rewards on purchases everywhere Pen Air Federal Credit Union Business Mastercard Credit Card is accepted.
  • Pen Air Federal Credit Union Business Mastercard Credit Card reports to multiple credit bureaus.
  • Does not offer a signup bonus.
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?

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 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 (850) 505-3200.

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

Yes, Pen Air Federal Credit Union Business Mastercard Credit 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 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.

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

Every Purchase (Points) Starting at 1
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
Customer Type Business
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 (Variable APR) 8.9%
Purchase APR (Variable APR) 8.9%
Balance Transfer Fee % 0%
Balance Transfer Fee Minimum $0
Balance Transfer APR (Variable APR) 8.9%
Card Network Mastercard
Card Type
  • Rewards
  • Balance Transfer

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