If you’re looking for a Visa card to help you manage your business expenses and earn rewards on every purchase, the Associated Bank Visa Business Real Rewards Card might just be right for you. This card provides unlimited cash-back rewards on purchases, which accumulate with no restrictions over time so you can use them to offset your credit card bills or pay down debt in other ways. Here’s what else you need to know about this business credit card and how it stacks up against similar cards that are currently available in 2022.
Introduction
Associated Bank offers a credit card specifically for business owners, the Visa Business Real Rewards Card. This card has some great features, but it also comes with some drawbacks that may be deal breakers. Let’s take a look at everything this card has to offer in detail so you can make an educated decision about whether this is the right card for your business.
Quick Overview
Associated Bank has a perfect card for small business owners. The card offers a generous rewards program, no annual fee, and a low APR. If you’re looking for a company to do business with in the future, then this is an excellent option.
Facts at a glance
– The card has a fairly low APR of 10.99% on purchases and balance transfers made within the first 60 days of account opening, and then 12.24% to 24.24% variable after that, based on your creditworthiness;
– You can earn rewards in the form of points with no cap, which you can redeem for cash or merchandise;
– No annual fee is charged; and
– There are no foreign transaction fees.
Fees breakdown
-Annual Fee: $0
-APR: 0% introductory APR on purchases and balance transfers for the first 12 months; then 16.24% to 26.24% variable
-Rewards Rate: 1.5 points per $1 spent on qualifying purchases, up to a total of $150,000 in spending per year; then 1 point per $1 spent on qualifying purchases, up to a total of $100,000 in spending per year
Key benefits of this card
This card offers an annual percentage rate of 13.49% on purchases and balance transfers, which is lower than the national average of 15.74%. One of the more valuable features this card provides is its ability to earn rewards points on every purchase made by the business. The card comes with a $25,000 spending limit to help maintain a healthy cash flow for your business.
Strengths and weaknesses compared to other cards in its category
This card has a lot of features and benefits that make it worth considering as a business credit card. The APRs are high, but the rewards are great and give you a chance to earn more cash back. One downside is that it’s only available to businesses with $5 million or more in annual revenue. The bonus point system can be confusing, especially because bonus points expire after 12 months of inactivity.
Final verdict
Overall, the Associated Bank Visa Business Real Rewards Card is a good card to consider. With no annual fee and 1% cash back on all purchases, this card is a great choice if you need a business card that won’t break the bank. The rewards are also easy to redeem, as they can be redeemed in any amount at any time. In addition, there’s no limit on how many points you can earn or redeem in one year!
About the author
I’m a twenty-something who loves to shop. I also have a passion for writing, which you can see in my work with The Average Joe’s Guide to Online Reviews. Follow me on Twitter at AJG_Reviews and on Instagram at reviews.