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  Purdue Federal Credit Union Visa Business Credit Card

Purdue Federal Credit Union Visa Business Credit Card

in Business Credit Cards from Purdue Federal Credit Union

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Purdue Federal Credit Union Visa Business Credit Card

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in Business Credit Cards from Purdue Federal Credit Union

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Highlights
Purchase APR  (Fixed APR) 11.5% - 13.5%
Balance Transfer APR  (Fixed APR) 11.5% - 13.5%
Credit Score Range 650 - 850
Annual Fee $0

Purdue Federal Credit Union Visa Business Credit Card Review

Key Takeaways
  • Competitive APRs. Purdue Federal Credit Union Visa Business Credit Card has a fixed purchase APR that ranges from 11.5% up to 13.5%.
  • 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.
  • $0 Balance transfer fee. This card does not charge a fee on balance transfers.
  • 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.
  • Multiple business credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, emergency support, purchase protection, travel assistance, and fraud protection.
  • Fair or better credit required. You will have good approval oods if your credit score is above650.
Pros & Cons of Purdue Federal Credit Union Visa Business Credit Card
The Good The Bad
  • Lower than average purchase APRs.
  • Has an introductory APR rate on balance transfers of 1.9%.
  • No balance transfer fee.
  • No annual fee.
  • Multiple business credit card perks.
  • Offers auto rental collision damage waiver.
  • Access to a concierge.
  • Travel assistance insurance
  • Cardholders can earn rewards on purchases everywhere Purdue Federal Credit Union Visa Business Credit Card is accepted.
  • Purdue Federal Credit Union Visa Business Credit Card reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 1%.
Purdue Federal Credit Union Visa Business Credit Card FAQ

Who is Purdue Federal Credit Union Visa Business Credit Card designed for?

This is a credit card issued by Purdue 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 fixed purchase APR that ranges from 11.5% up to 13.5%. The card has a fixed balance transfer APR that ranges from 11.5% up to 13.5%.

It also has a fixed cash advance APR that ranges from 11.5% up to 13.5%.

Does it have an introductory APR offer?

Yes, this business card offers an introductory APR rate on balance transfers of 1.9% for a period of 12 months from account opening.

This business card does offer an introductory APR rate on new purchases of 1.9% for a period of 12 months.

Purdue Federal Credit Union Visa Business Credit Card Rates & Terms
Purchase APR 11.5% - 13.5%
Balance Transfer APR 11.5% - 13.5%
Cash Advance APR 11.5% - 13.5%

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.

Purdue Federal Credit Union Visa Business Credit Card Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 1%
Balance Transfer Fee 0%
Minimum Balance Transfer Fee $0
Returned Payment Fee up to $25
Late Payment Fee up to $25

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:

  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Fraud Liability
  • Cellular Telephone Protection
  • Travel Assistance
  • Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (765) 269-4538.

Does Purdue Federal Credit Union Visa Business Credit Card report your account activity to credit bureaus?

Yes, Purdue Federal Credit Union Visa Business 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 Purdue 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 - 5:30pm
  • Tuesday 9:00am - 5:30pm
  • Wednesday 9:00am - 5:30pm
  • Thursday 9:00am - 5:30pm
  • Friday 9:00am - 5:30pm
  • Saturday 9:00am - 12:00pm

Other Services by Purdue Federal Credit Union

Feature Breakdown

Every Purchase (Points) Starting at 1.5
Introductory Rate 1.9%
Purchase Intro APR Period (Fixed APR) 12 months
Annual Fee $0
Cash Advance Fee (%) 0%
Cash Advance Fee Minimum $0
Minimum Cash Advance Fee ($) $0
No Annual Fee
No Interest Grace Period for Late Payment 25 days
Foreign Currency Transaction Fee 1%
Late Fee Amount Up to $25
Returned Payment Fee Up to $25
Customer Type Business
Minimum Age 18
Credit Score Range 650 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Purchase Protection
  • Emergency Support
  • Fraud Liability
  • Cellular Telephone Protection
  • Travel Assistance
  • Concierge
Rewards Categories
  • Every Purchase
Balance Computation average daily balance (including new purchases).
Cash Advance APR (Fixed APR) 11.5% - 13.5%
Purchase APR (Fixed APR) 11.5% - 13.5%
Balance Transfer Fee % 0%
Balance Transfer Fee Minimum $0
Balance Transfer Intro APR Period (Fixed APR) 12 months
Balance Transfer Introductory APR (Fixed APR) 1.9%
Balance Transfer APR (Fixed APR) 11.5% - 13.5%
Card Network Visa
Card Type
  • Rewards
  • Balance Transfer

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