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  Arkansas Federal CU Business Mastercard
Arkansas Federal CU Business Mastercard
in Business Credit Cards from Arkansas Federal Credit Union
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Arkansas Federal CU Business Mastercard

Unaffiliated
in Business Credit Cards from Arkansas Federal Credit Union
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Highlights
Purchase APR  (Variable APR) 8.25% - 18%
(Verified 12/08/2023)
Balance Transfer APR  (Variable APR) 8.25% - 18%
(Verified 12/08/2023)
Annual Fee $0
Credit Score Range 600 - 850

Arkansas Federal CU Business Mastercard Review

This is a card issued by Arkansas Federal Credit Union. If you're wondering whether Arkansas Federal CU Business Mastercard is the right card for you, read on.

Key Takeaways

  • Competitive APRs. Arkansas Federal CU Business Mastercard has a variable purchase APR that ranges from 8.25% up to 18%.
  • No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, 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 1% every time you make a transaction outside the U.S.
  • Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Arkansas Federal CU Business Mastercard

The Good The Bad
  • Potentially lower than average purchase APRs.
  • No annual fee.
  • Access to a concierge.
  • Identity Theft Protection.
  • Considers applicants with fair credit.
  • Arkansas Federal CU Business Mastercard reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • Charges a foreign transaction fee of 1%.
  • You don't earn rewards on every purchase.

What are the relevant APRs?

This business credit card has a variable purchase APR that ranges from 8.25% up to 18%. The card has a variable balance transfer APR that ranges from 8.25% up to 18%.

It also has a variable cash advance APR that ranges from 8.25% up to 18%.

Does it have an introductory APR offer?

No, this business card does not come with an introductory APR offer for balance transfers.

This business card does not offer an introductory rate on new purchases.

Arkansas Federal CU Business Mastercard Rates & Terms
Purchase APR 8.25% - 18%
Balance Transfer APR 8.25% - 18%
Cash Advance APR 8.25% - 18%

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 $35.

Does it charge a foreign transaction fee?

This business card charges a foreign transaction fee of 1%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $20. If you travel abroad you may want to leave this business card at home and apply for one that doesn't charge a foreign transaction fee.

Arkansas Federal CU Business Mastercard Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 1%
Balance Transfer Fee 0%
Minimum Balance Transfer Fee $0
Late Payment Fee up to $35

Does it offer a cash back or rewards program?

No, it does not offer a cash back rewards program.

What are the benefits?

This business credit card provides the following benefits:

  • Fraud Liability
  • Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (501) 982-1000.

What is the support contact email?

The support contact email for this business credit card is info@afcu.org.

Does Arkansas Federal CU Business Mastercard report your account activity to credit bureaus?

Yes, Arkansas Federal CU 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 Arkansas Federal CU 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.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Arkansas Federal CU Business Mastercard

Arkansas Federal Credit Union knows business! The Arkansas Federal Business Platinum Mastercard Credit Card allows your business the flexibility of a revolving line of credit. That's why we offer business members a Business Platinum Mastercard. Not only does our card have competitive rates.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 6:00pm
  • Tuesday 9:00am - 6:00pm
  • Wednesday 9:00am - 6:00pm
  • Thursday 9:00am - 6:00pm
  • Friday 9:00am - 6:00pm
  • Saturday Closed

Other Services by Arkansas Federal Credit Union

Feature Breakdown

Annual Fee $0
Cash Advance Fee (%) 5%
Foreign Currency Transaction Fee 1%
Late Fee Amount Up to $35
No Annual Fee
Customer Type Business
Minimum Age 18
Credit Score Range 600 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Identity Theft Protection
  • Fraud Liability
  • Concierge
Rewards Type No Rewards
APR Type Variable APR
Cash Advance APR (Variable APR) 8.25% - 18%
Purchase APR (Variable APR) 8.25% - 18%
(Verified 12/08/2023)
Balance Transfer Fee % 0%
Balance Transfer Fee Minimum $0
Balance Transfer APR (Variable APR) 8.25% - 18%
(Verified 12/08/2023)
Card Network Mastercard
Card Type
  • Low Interest

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