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Business
Rewards CardOne Seriously Helpful Business Card
Business success happens a little bit each day. The Grow Visa® Business Rewards Credit Card can help. It’s a tiny card with a big impact. You’ll save money with lower rates for purchases and balance transfers, stay protected with overdraft protection linked to your Grow Business Checking Account and earn rewards points redeemable for gift cards, travel and more.1 Plus, you’ll enjoy access to a wide array of Visa benefits, like lost luggage coverage and hotel theft protection.
To get started, reach out to our Business Solutions team below or stop by a Grow store. We offer personalized service to each business owner who banks with us, and we look forward to talking with you about our Grow Visa Rewards Card.
Grow Visa Business Rewards Credit Card
Enjoy the same low rate for both purchases and balance transfers, with a special introductory APR of 1.99% to 8.99% for the first six billing cycles. After the introductory period expires, or if you don’t qualify for an introductory rate, enjoy a low standard APR of 14.99% to 17.99%1. That’s right — even our standard APR is significantly lower than the national average rate for business credit cards, which is 20.46% APR.2 Plus, as a credit union we work diligently to keep fees to a minimum. We don’t believe in annual fees or balance transfer fees, so we don’t charge them. Need your card for international transactions? Our foreign transaction fee is lower than most at just 1%.
ZERO BALANCE TRANSFER FEES
LOW APR FOR SIX MONTHS
ZERO ANNUAL FEE
Apply for a Business Rewards Credit Card
If you’re ready to open your card, reach out to our Business Solutions team below or stop by a Grow store, and we’ll be happy to help. Why do we ask you to get in touch this way? At Grow, we do our best to work personally with each small business owner to make sure you have the right products and services for your business. Talk to us about opening a Grow Visa Business Rewards Card today!
We’ve talked about lower fees, better rates and rewards. Need a few more reasons to get a credit card for your business? While regular consumer credit cards and business credit cards can be similar, there’s an important distinction: business credit cards are designed for business use. Streamline your transactions to avoid mixing personal with business purchases. You’ll thank yourself when tax time rolls around. Keeping transactions separate will save your bookkeeper (is that you?) a lot of time and headaches. Plus, a business credit card provides access to short-term cash, functioning like a loan, until your next payment is due.
Yes, we do work with LLCs and have many LLC business members. We also work with S-Corps, C-Corps, partnerships, not-for-profits and sole proprietorships. If you’d like to open a business credit card with us but aren’t a member of Grow yet, learn more about opening a business account at Grow.
Credit scores are generally measured on a scale of 300 to 850. The minimum credit score to open a Grow Visa Business Rewards Credit Card is 650. We also offer a Grow Visa Business Secured Credit Card, which can be a great option for anyone working to improve their credit score. When you apply for a loan or credit card with us, we’ll review your credit history to see what you may qualify for and can talk to you about your options.
If your credit isn’t where you’d like it to be yet, don’t worry. With on-time payments and consistency, anyone can work on their credit score. For more information about building your credit, visit our Credit Education page.
You sure can. Payments can be made as frequently as you’d like, and some people do choose to send in an extra payment between statement periods to help cut down their balance faster or to keep their credit utilization low. Payments are only due once per month on your specified billing due date though, and most people pay their credit cards monthly.
To avoid interest altogether, you can pay off your full statement balance before the payment due date. That way, you can use your card like short-term cash, earning rewards along the way, while avoiding interest. You’ll want to note that interest on cash advances begins accruing immediately, so be careful with cash advances to avoid unwanted interest.
You’ll enjoy access to a whole slate of Visa benefits, including travel and emergency services, lost luggage coverage, hotel theft protection and more. Check out the full benefits guide here.
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What does this mean for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
Subject to credit approval.
1Annual Percentage Rate (APR). Rates are variable and will vary with the market based on Prime Rate as published in the Wall Street Journal "Money Rates" table on the last day of each calendar month. If the minimum monthly payment is 60 days late twice in a twelve month period, the rate will revert to a default rate of 18.00% for six (6) billing cycles. Other APRs: Cash Advances 18.00%, Overdraft to Share Account 18.00%. A finance charge of 1.00% will be charged on foreign transactions. The rate the business owner receives will be based on their creditworthiness and other factors. Rates are effective as of 12/14/2024 and could change without notice.
2According to Average Credit Card Interest Rate is 22.70% by The Balance. Accessed January 10, 2023.
