The Business Edition® Plus Visa® Card, issued by First National Bank of Omaha, is designed for those business owners with good credit who are looking to manage and consolidate business-related expenses with one credit card.
The card provides a variety of common cardholder benefits, such as up to $100,000 in travel accident insurance, auto rental insurance, online statements and management reports, purchase protection, and extended warranties on purchases.
There is no annual fee and the APR for purchases and balance transfers is reasonably low for a business card. There is an attractive 0% introductory rate available on purchases for the first six billing cycles. There is also a minimum cap for cash advances.
It is also important to note that the APRs for all transactions are based on the greater of a variable London Interbank Offered Rate or a fixed rate. This is simply another way of stating minimum caps, which result in APRs that will not go below a predetermined value.
Therefore, those who can afford to pay in full each month (to avoid finance charges) and will be able to take advantage of the additional benefits and services offered will benefit most from what the Business Edition® Plus Visa® Card has to offer.
This review was updated 2008-04-23T00:00:00.0000000-07:00
| Type Of Rewards: |
Point |
| Reward Program Optional: |
No |
|
Optional programs may have a fee. See Data for details. |
For Cards with Cash Back Incentives
| Lowest Possible Rebate: |
n/app |
| Highest Possible Rebate: |
n/app |
| Additional Rebates: |
n/app |
| Rebate Details: |
n/app |
For Cards with Point Incentives
| Points Per Dollar Spent: |
1 Point |
| Additional Points: |
Earn three points per dollar on the first $2,000 spent at gas stations, restaurants, office supply stores, and home improvement stores. Cardholders will earn one point per dollar on all other purchases. |
| Point Details: |
Points are redeemable for merchandise, travel awards, gift certificates/gift cards, and cash rebates towards the card account. |
For Cards with Airline Incentives
| Miles Per Dollar Spent: |
n/app |
| Additional Miles: |
n/app |
| Program Details: |
n/app |
Rewards Expiration Period: 3 Years
Annual Limit: None
Additional Credit Card Perks
Various Internet account related services.
No liability for unauthorized transactions.
Auto rental insurance.
Up to $100,000 in travel accident insurance.
Purchase protection.
Extended warranty for purchases.
Access to Management Reports.
See website for additional benefits.
Special Notations about the Business Edition® Plus Visa® Card
The APR is based on LIBOR (London Interbank Offered Rate).
The APR for Purchases and Balance Transfers may vary and will be the greater of 9.99% or the Index plus a Margin of 4.50%, or the greater of 11.99% or the Index plus a Margin of 6.50%, or the greater of 13.99% or the Index plus a Margin of 8.50%, depending on your credit criteria.
The APR for cash advances is equal to the greater of 18.50% + LIBOR (London Interbank Offered Rate) or 19.99%.
The Index Rate is the highest one-month London Interbank Offered Rate as quoted in The Wall Street Journal on any day during the prior 90-day period.
See website for complete terms and conditions of card usage and application disclosure.
Always read the credit card's Data before applying!
