SCTU Business Rewards World Elite Mastercard

SCTU Business Rewards World Elite Mastercard Review

This is a rewards card issued by STCU. If you're wondering whether SCTU Business Rewards World Elite Mastercard is the right card for you, read on.

Key Takeaways

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 9 months.
• Competitive APRs. SCTU Business Rewards World Elite Mastercard has a variable purchase APR that ranges from 14.99% up to 24.99%.
• 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.
• Annual fee waived the first year. SCTU Business Rewards World Elite Mastercard gives you the chance to have the card for a year without paying the $0 annual fee.
• 3% Balance transfer fee. SCTU Business Rewards World Elite Mastercard charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% 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, extended warranty protection on purchases, identity theft protection, travel accident insurance, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 670.

Pros & Cons of SCTU Business Rewards World Elite Mastercard

What are the relevant APRs?

This business credit card has a variable purchase APR that ranges from 14.99% up to 24.99%. The card has a variable balance transfer APR that ranges from 14.99% up to 24.99%.

It also has a variable cash advance APR that ranges from 20.99% up to 28.99%.

What fees does it charge?

The following fees apply to this business credit card:

• There is no annual fee.
• A returned payment fee of up to $25.

Does it offer a cash back or rewards program?

Yes, SCTU Business Rewards World Elite Mastercard offers a rewards program to its customers. This business card offers rewards to small business owners that use the card to make purchases in the following bonus categories:

• Advertising Services
• Airfare
• Amazon.com
• Car Rentals
• Internet, Cable and Phone Services
• Drug Stores
• Education
• Every Purchase
• Furniture
• Gas stations
• Groceries
• Gyms
• Home Improvement
• Hotels
• Insurance
• Office Supply Stores
• Restaurants
• Retail
• Shipping
• Software, Hardware, Cloud
• Utilities
• Warehouse Clubs

What are the benefits?

This business credit card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Fraud Liability
• Travel Accident Insurance
• Cellular Telephone Protection
• Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (509) 326-1954.

What is the support contact email?

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

Does SCTU Business Rewards World Elite Mastercard report your account activity to credit bureaus?

Yes, SCTU Business Rewards World Elite 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 SCTU Business Rewards World Elite 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.