Applied Bank® Visa® Business Card

Applied Bank Visa Business Card
Apply now | Details
- Less than Perfect Credit? No Problem! Easy Approval!!!
- Have a Hobby or Interest? Take it to the Next Level!
- Sole Proprietors and Entrepreneurs Should Apply
- Get Your Card Quickly - Express Delivery Service Available!

(4.5 out of 5.0)

Information - Rates - Fees

Intro APR:
N/A*
Intro Period:
N/A*
APR:
23.99%*
Annual Fee:
N/A*
Issuer:
Applied Bank
Card Network:
VISA®
Card Category:
Business (Regular)
Card Type:
Card for Bad Credit
Credit Needed:
Bad Credit OK*
Grace Period:
None*
Min Finance Charge:
$0.50
Max Credit Line:
$750
Late Payment Fee:
$35*

Balance Transfers

Balance Transfer:
No

Cash Advances

APR on Cash Advances (%):
23.99%
Cash Advance Fee (%):
5.00%
Minimum Fee:
$5.00

Other Fees

Additional Fees
- Monthly Maintenance Fee: $9.95 ($119.40 Annually)
- Account Origination Fee: $125 (one-time)
- Foreign Currency Transaction Fee: 3%
- Returned Payment Fee: $35
- Additional Card Fee: $30

Comments

The Account Origination Fee and Monthly Maintenance Fee will be charged to your account when your account is opened, so your initial credit availability will be $134.95 less than your Credit Limit

Review

Owning a small business in the US can be very fulfilling but it takes a lot of work, time, and dedication. You have to put up a lot risk, but the Applied Bank Visa Business Card (formerly Small Business Micro Loan Visa Card) can help alleviate some of the stress by providing you with a small amount of capital. This could be the difference that your business needs to stay in business.

While it seems like a credit card, this financial product is indeed a loan and as such you need to describe the nature of your business during the application process. Upon approval you will be able to access the loan through a credit account via credit card. Regardless of how you look at it, though, you can use the money to cover any expenses you wish.

Features

Most attractive:
- Micro loan for business
- All businesses accepted
- Bad credit OK
Least attractive:
- Average Daily Balance Method used
- Monthly Maintenance Fee
- Account Origination Fee

Rewards & Benefits

Other Benefits:
*See Terms and Conditions of the card
Online Access:
Yes!

The information provided for Applied Bank Visa Business Card is believed to be accurate at the time of evaluation (May 18, 2012). We strongly advise visitors to review the terms and conditions provided to verify accuracy of the information posted prior to applying for the product.

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