Last updated on September 26th, 2023
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Fifth Third Business Rewards Card
Fifth Third Business Rewards Card
Fifth Third Business Rewards Card
- 12.49% to 23.49% variable based on creditworthiness and the Prime Rate Regular Purchase APR
- 12.49% to 23.49% variable based on creditworthiness and the Prime Rate Balance Transfer APR
- 24.99% variable based on the Prime Rate Cash Advance APR
- 0% for 9 months from account opening date Intro Purchase APR
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- Earn 2 Real Life Rewards® points for each $1 spent at restaurants, office supply stores, and on utilities
- Earn 1 point for each $1 spent on all other purchases
- 0% intro APR on purchases and balance transfers for the first 9 billing cycles from account opening
- No annual fee
- Intro Purchase APR: 0% for 9 months from account opening date
- Regular Purchase APR: 12.49% to 23.49% variable based on creditworthiness and the Prime Rate
- Intro Balance Transfer APR: 0% for 9 months from account opening date
- Balance Transfer APR: 12.49% to 23.49% variable based on creditworthiness and the Prime Rate
- Balance Transfer Transaction Fee: Either $5 or 4% of the amount of each transfer, whichever is greater
- Cash Advance APR: 24.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
- Penalty APR: 29.99% variable based on the Prime Rate
- Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
- Late Payment Penalty Fee: $39
- Return Payment Penalty Fee: $39
- Over Limit Penalty Fee: $39
- N/A
Fifth Third Business Rewards Card ReviewÂ
The Fifth Third Business Rewards Card is a versatile payment option that can start working in your favor as soon as you open an account. A 0% intro APR welcome offer for 9 months applies to both purchases and balance transfers – ideal for any proprietor with a lot of shopping to do or who has existing debt plagued by higher interest rates.
Along with the signup benefit, this is also equipped with Fifth Third Bank’s Real Life Rewards® program. When you use the card to make purchases at restaurants, office supply stores, and on utilities bills – all common expenses for business owners – you’ll earn 2 points per $1. On all other purchases you’ll net 1 point per $1, so you’re not limited to the aforementioned categories in order to get rewarded (though you should only use your business credit card for business-related transactions).
As an owner of the Fifth Third Business Rewards Card, you can also benefit from the Mastercard EasySavings® Program, which automatically gives you either discounts or rebates at thousands of eligible locations. Included retailer industries range from restaurants to hotels to fuel and travel. Another standard Mastercard service is MasterRental® Insurance, which provides coverage for rental vehicles against physical damage and theft.
If your company employs a staff that need to frequently shop for your business, you can issue additional credit cards at no cost, and there is no annual fee. There is a foreign transaction fee, however, so if you often conduct business abroad, you’ll be better off with a business credit card that waives this charge.