Who is Commerce Bank's Visa Signature® Credit Card Designed For?
Commerce Bank's Signature Visa is designed for people with good credit want to earn rewards from their purchases and enjoy travel benefits without paying for an annual fee. The card also includes a 0% APR intro rate on balances and purchases, which is good news for people looking to buy expensive items and pay them over time without incurring interest or for people who are already carrying a balance on their current credit card.
Commerce Bank is based in Kansas City and has branches throughout Missouri, Illinois, Oklahoma and Colorado. The bank is insured by the FDIC, has $23.9 billion in assets, an A- rating with the BBB and a four star rating (out of five) with Bauer Financial.
What are the Rates for Commerce Bank's Visa Signature® Credit Card?
Commerce Bank's Visa Signature® Credit Card has rates on purchases and balance transfers ranging from 11.74% APR to 21.74% APR depending on the credit history of cardholders. New members receive a twelve-month 0% APR intro rate on both balance transfers and purchases. Cash advances come with a 26.74% APR and there is a 28.74% APR penalty rate to consider if you are late on a payment. Once the penalty rate is triggered it stays in place until the member makes six payments on time.
What Are the Fees for Commerce Bank's Visa Signature® Credit Card?
Commerce Bank's Visa Signature® Credit Card doesn't have an annual fee, an overlimit fee, or a returned payment fee. There is a 5% balance transfer and cash advance fee ($10 minimum) and a 2% foreign transaction fee. The foreign transaction fee is reduced to 1% when the transaction was in U.S. dollars.
What Is Commerce Bank's Visa Signature® Credit Card Rewards Program Like?
Commerce Bank's Visa Signature® Credit Card gives cardholders 1.5% per $1 spent on purchases. There is no limit to the number of points a cardholder can earn. However, points do expire after 5 years. Members can redeem points for travel, cash back, gift cards, or merchandise.
What about Commerce Bank's Visa Signature® Credit Card Signup Bonus?
Apart from the twelve-month 0% APR intro rate, there is no signup bonus for Commerce Bank's Visa Signature® Credit Card.
Does Commerce Bank's Visa Signature® Credit Card Have Any Other Benefits?
The Visa Signature card comes with prime benefits including concierge services, zero liability coverage, emergency card replacement, and auto rental collision damage waiver.
How Is Commerce Bank's Special Connections Visa with Rewards Better Than Other Credit Cards?
Commerce Bank's Visa Signature® Credit Card has competitive rates and no annual fee but still manages to include a rewards program and a twelve-month 0% APR intro rate. It also includes prime benefits such as zero liability coverage. The card provides valuable benefits and rewards without paying fees.
Other Services by Commerce Bank
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|Returned Payment Fee||$0|
|Grace Period for Late Payment (Days)||25|
|No Annual Fee|
|Late Payment Penalty||$37|
|Minimum Interest Charge||$2.50|
|Balance Transfer Fee %||5%|
|Balance Transfer Fee Minimum||$10|
|Foreign Currency Transaction Fee||2%|
|Credit Score Range||
700 - 850
850 300 700
|Immigration Status Considered||
|Employment Statuses Considered||
|Supported Income Types||
|Car Rental Insurance|
|Free FICO Score|
|Credit Card Benefits||
|Every Purchase||1% Cash Back for every dollar in Net Merchandise Purchases|
|Purchase APR (Variable APR)||11.74% - 21.74%|
|Cash Advance APR (Variable APR)||Starting at 26.74%|
|Balance Computation||Daily Balance (including new Purchases and Fees)|
|Balance Transfer APR (Variable APR)||11.74% - 21.74%|
|Intro APR period (months)||12|
Commerce Bank Personal Credit Cards
Balance Transfer APR
Credit Score Range