First Option Bank Visa® Business Credit Card review

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Advertiser Disclosure

Interest Rate: Purchases
12.17% (Variable)
Balance Transfer
12.17% (Variable) (0% for the first 6 months)
Signup Bonus

Am I eligible?

First Option Bank Visa® Business Credit Card is typically available to those with excellent credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.


Interest Rates
Regular APR Interest Rate 12.17% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 12.17% (Variable) (0% for the first 6 months)
  • Intro. rate also available for 5.9% for  the first 12 months (depending on option chosen by cardholder)
  • This APR will vary with the market based on the Prime Rate.
Cash Advance Interest Rate 22.9% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $25.00
Balance Transfer Fee 3%

If the cardholder selects 0% intro APR, otherwise no fee.

Cash Advance Fee 2%

Minimum of $5

Foreign Transaction Fee 2%

Of each transaction in U.S. dollars.

Over Limit Fee $25.00
Late Payment Fee $25.00
Sign up bonus No
All Purchases No
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes

$25 annual fee for each card.

Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance Yes
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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