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.
- Tricia Tetreault, Fit Small BusinessConsider the Union Bank® Business Secured Visa® Credit Card if you’re in need of a business credit card despite having bad credit history and if you can make a security deposit of $500 to $25,000. While it doesn’t have an interest-free financing option, it has a low minimum regular APR of 15.49% and...
- Chauncey Crail, ForbesWe’re not convinced anyone should ever get a business secured card, but if you’re in the market for one, don’t bother with the Union Bank® Business Secured Visa® Credit Card*. There’s a $30 annual fee but the card earns no rewards and offers no major extra benefits or features beyond $0 fraud liabil...
Interest Rates | |
---|---|
Regular APR Interest Rate |
17.74% (Variable) This APR will vary with the market based on the Prime Rate. |
Balance Transfer Interest Rate |
17.74% (Variable) This APR will vary with the market based on the Prime Rate. |
Cash Advance Interest Rate |
29% (Variable) This APR will vary with the market based on the Prime Rate. |
Rates & Fees | |
Annual Fee | $30.00 |
Balance Transfer Fee |
5% Minimum of $10 |
Cash Advance Fee |
5% Minimum of $15 |
Foreign Transaction Fee |
3% Of each transaction in U.S. dollars. |
Over Limit Fee | $35.00 |
Late Payment Fee |
$39.00 Maximum |
Promotions | |
Sign up bonus | No |
Rewards | |
All Purchases | No |
Restaurants | No |
Gas | No |
Groceries | No |
Hotels | No |
Travel | No |
Pharmacy | No |
Bills | No |
Features & Benefits | |
Additional Card Holders | Yes |
Travel Accident Insurance | No |
Car Rental Insurance | Yes |
Car Rental Discount | No |
Extended Warranty | No |
Purchase Protection | No |
Zero Liability | Yes |
No Foreign Transaction Fees | No |
Emergency Assistance | No |
Concierge Service | No |
Price Protection | No |
Fraud Protection | Yes |
Free Credit Scores | No |
Wireless Payments | No |
Virtual Cards | No |
Additional Benefits |
|
Eligibility | |
Minimum Security Deposit | $500 |
Minimum Age | 18 |
Minimum Personal Income | |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
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