Central Bank Business Mastercard®

Central Bank Business Mastercard® Review

This is a rewards card issued by Central Bank. If you're wondering whether Central Bank Business Mastercard® is the right card for you, read on.

Key Takeaways

• Competitive APRs. Central Bank Business Mastercard® has a variable purchase APR of 8.9%
• No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Multiple business credit card benefits. Includes generous credit card perks, such as Auto Rental Collision Damage Waiver, identity theft protection, travel assistance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Central Bank Business Mastercard®

What are the relevant APRs?

This business credit card has a variable purchase APR of 8.9%. The card has a variable balance transfer APR of 12.15% .

It also has a variable cash advance APR of 13.9%.

What fees does it charge?

The following fees apply to this business credit card:

• There is no annual fee.
• A late payment penalty of up to $39.
• There is no overlimit fee

Does it offer a cash back or rewards program?

Yes, Central Bank Business Mastercard® offers a rewards program to its customers.

What are the benefits?

This business credit card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Fraud Liability
• Cellular Telephone Protection
• Travel Assistance
• Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (866) 236-8744.

What is the support contact email?

The support contact email for this business credit card is cbccustomerservice@centralbank.net.

Does Central Bank Business Mastercard® report your account activity to credit bureaus?

Yes, Central Bank Business Mastercard® reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply?

• Visit the Central Bank Business Mastercard® website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.