1st Century Bank Visa® Commercial Card Review

1st Century Bank Visa® Commercial Card is a credit card issued by 1st Century Bank. If you're wondering whether 1st Century Bank Visa® Commercial Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 6 months , which is shorter than the average 0% APR period of 12 months.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
• Competitive APRs. 1st Century Bank Visa® Commercial Card has a variable purchase APR that ranges from 11.99% up to 17.99%.
• 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.
• 3% Balance transfer fee. 1st Century Bank Visa® Commercial Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $10.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

1st Century Bank Visa® Commercial Card Pros and Cons:

The Good	The Bad
Company administrators may set and adjust cardholder spending limits, issue and close cards, generate and download a variety of reports Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 6 months. 0% APR on new purchases during the first 6 months. No annual fee. 1st Century Bank Visa® Commercial Card reports to multiple credit bureaus.	Not a reward business credit card Requires good to excellent credit. Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 3%. You don't earn rewards on every purchase. Charges a 3% balance transfer fee. Does not include many credit card rewards.

Is there a 1st Century Bank Visa® Commercial Card cash back or rewards program?

No, 1st Century Bank Visa® Commercial Card does not offer a rewards program.

What are the 1st Century Bank Visa® Commercial Card benefits?

1st Century Bank Visa® Commercial Card provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for 1st Century Bank Visa® Commercial Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. 1st Century Bank Visa® Commercial Card has lower than average purchase APRs.

1st Century Bank Visa® Commercial Card has a variable purchase APR that ranges from 11.99% up to 17.99%. The card has a variable balance transfer APR that ranges from 11.99% up to 17.99%. It also has a variable cash advance APR of 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.

What are the fees for 1st Century Bank Visa® Commercial Card?

The following fees apply to 1st Century Bank Visa® Commercial Card:

1st Century Bank Visa® Commercial Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Returned Payment Fee	up to $35
Late Payment Fee	up to $35

Does 1st Century Bank Visa® Commercial Card report your account activity to credit bureaus?

1st Century Bank Visa® Commercial 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 can help improve your credit score.

How to apply for 1st Century Bank Visa® Commercial Card

• Visit the 1st Century Bank Visa® Commercial Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• 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.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.