Last updated on September 12th, 2023
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Bank of Missouri Secured Visa® Card
Bank of Missouri Secured Visa® Card
Bank of Missouri Secured Visa® Card
- 25.99% variable based on the Prime Rate Regular Purchase APR
- 25.99% variable based on the Prime Rate Balance Transfer APR
- 25.99% variable based on the Prime Rate Cash Advance APR
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- Enjoy extended warranty coverage, auto rental collision damage waiver coverage, and zero fraud liability
- Credit limit of up to $5,000
- Carry a balance while earning interest on your secured savings account
- Travel assistance comes to the rescue when unfortunate events happe
- Regular Purchase APR: 25.99% variable based on the Prime Rate
- Balance Transfer APR: 25.99% variable based on the Prime Rate
- Balance Transfer Transaction Fee: Either $5 or 3% of the amount of each transfer, whichever is greater
- Cash Advance APR: 25.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: Either $10 or 4% of the amount of each cash advance, whichever is greater
- Foreign Transaction Fee: 2% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars; 3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency
- Late Payment Penalty Fee: Up to $39
- Return Payment Penalty Fee: Up to $35
- Minimum Deposit Required: $300
- N/A
At a Glance
The Visa® Business Card from the Bank of Missouri is a simple, non-rewards Visa business card that will help you save on interest while building your business and increasing your credit score. Although it does not offer rewards points, this card does feature a generous introductory APR offer along with competitive interest rates and no annual fee, which makes getting down to business easy for any small business owner.
Ideal for Those Who:
- Are a business owner
- Will take advantage of an introductory APR of 0% for 20 billing cycles
- Don’t want to pay annual fees
- Want to grow your business while saving money with low interest rates
Bank of Missouri Visa® Business Card Review
There are several business credit card options available that help small businesses build their credit and save money. The Bank of Missouri Visa® Business Card is a credit card meant for small business owners who want to save on interest, pay down other credit card balances faster, and track their business spending easily. It’s a great fit for those who want the perks that come along with most Visa cards but don’t want to invest time into a rewards program.
The Visa® Business card offers a generous introductory APR of 0% for the first twenty billing cycles on both purchases and balance transfers, after which your account will be subject to a competitively low interest rate determined by your creditworthiness and the Prime Rate.
The Visa® Business Card does not have an annual fee and comes with valuable tools to organize and monitor your business spending. Adding employee cards to your account is also free, and you can control individual credit limits for each card added. You’ll have 24/7 access to reports that categorize and detail your company spending in several ways, as well as useful products and services like free online reporting with convenient features like spend analysis.
Your business purchases will also be protected by Visa®’s signature Zero Fraud Liability, Verified by Visa, fraud protection, and purchase protections.
Should You Apply for the Bank of Missouri Visa® Business Card?
All in all, the Bank of Missouri Visa® Business Card is ideal for the business owner who wants a no-nonsense business credit card that will help them grow their business by saving money on interest. It might not be the sexiest when it comes to rewards, but the lengthy 0% intro APR period is tough to beat – as are the lack of annual fees.
