Associated Bank Visa® Business Card, which is issued by Elan Financial Services, is a business credit card that comes with $0 annual fees and a low ongoing annual percentage rate (APR). The best thing about it is, it offers 0% introductory APR for 18 months on purchases and balance transfers.
If you wish to compare one credit card over another, select a maximum of three cards on this page and click Add to compare to view the details in a side-by-side comparison.
Associated Bank Visa® Business Card
BEST FOR:
Those with an existing business checking account with Associated Bank that needs to carry a balance
Intro APR
0%
Regular APR
17.24% to 26.24% variable
Annual Fee
None
Credit Needed
Good to Excellent
- Introductory 0.00% APR for the first 18 billing cycles on purchases. and balance transfers.
Pros
- With a long 0% introductory APR period on purchases and balance transfers
- With $0 annual fees
- Low minimum ongoing APR
Cons
- No welcome offer
- No rewards for both new and existing cardholders
- Charges foreign transaction fees
- Auto rental collision damage waiver: To be eligible, you need to charge your car rental to this card. You can decline the rental company’s collision damage waiver option and receive coverage through Visa for collision damage or theft.
- Purchase protection: This covers your new purchases for 90 days in case they’re damaged or stolen.
- Billing options: You can request to receive a consolidated central monthly bill for the whole company, individual bills for each card member, or a central bill with a memo statement.
- Employee cards: You can track expenses made by your employees while earning as many rewards as possible at no additional cost.
- Employee misuse protection: Receive protection against terminated employees’ misuse of up to $100,000.
- Free Spend Analysis tool: You can view and monitor your spending organized by category. You can also download a summary report of your annual spending.
Intro APR
0%
Regular APR
17.24% to 26.24% variable
Annual Fee
None
Credit Needed
Good to Excellent
- Introductory 0.00% APR for the first 18 billing cycles on purchases. and balance transfers.
Pros
- With a long 0% introductory APR period on purchases and balance transfers
- With $0 annual fees
- Low minimum ongoing APR
Cons
- No welcome offer
- No rewards for both new and existing cardholders
- Charges foreign transaction fees
- Auto rental collision damage waiver: To be eligible, you need to charge your car rental to this card. You can decline the rental company’s collision damage waiver option and receive coverage through Visa for collision damage or theft.
- Purchase protection: This covers your new purchases for 90 days in case they’re damaged or stolen.
- Billing options: You can request to receive a consolidated central monthly bill for the whole company, individual bills for each card member, or a central bill with a memo statement.
- Employee cards: You can track expenses made by your employees while earning as many rewards as possible at no additional cost.
- Employee misuse protection: Receive protection against terminated employees’ misuse of up to $100,000.
- Free Spend Analysis tool: You can view and monitor your spending organized by category. You can also download a summary report of your annual spending.
When evaluating a low-interest business credit card like the Associated Bank Visa® Business Card, we first consider the introductory and ongoing APR. We also evaluate additional fees, introductory and ongoing rewards, and additional features like cash management tools and protection coverage.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Introductory APR | 30 | 30 |
Ongoing APR | 20 | 30 |
Additional Fees | 8 | 10 |
Features | 10 | 10 |
Introductory Rewards | 0 | 10 |
Ongoing Rewards | 0 | 10 |
Total Score | 68 | 100 |
Who the Associated Bank Visa® Business Card Is Best For
- Those looking to finance a large purchase or transfer or carry a balance: This card offers a 0% introductory period for the first 18 billing cycles on both purchases and balance transfers Note that the balance transfer introductory APR will apply after you make a transfer within 558 days from account opening. .
- Associated Bank business checking account holders: If you have a business checking account with Associated Bank, getting this card will allow you to manage all of your transactions within one bank.
If this card isn’t the best fit for your business, see our recommended alternatives below.
Associated Bank Visa® Business Card Rewards
Associated Bank Visa® Business Card doesn’t offer introductory and ongoing rewards. This is rare, even among credit cards that charge a low APR. The key benefit of using this credit card is that you get a competitive ongoing APR while enjoying a 0% introductory period on purchases and balance transfers for the first 18 billing cycles.
Associated Bank Visa® Business Card Features
Account management
- Employee cards: Allows you to issue employee cards at no additional cost
- Online reporting tools: Lets you use online reporting tools to sort and view credit card spending by type and date (month, quarter, or year)
- Management benefits: Offers the following benefits:
- Consolidate monthly bills or individual bills by request
- Receive protection against terminated employees’ misuse of up to $100,000
Security benefits
- Zero fraud liability: Guarantees that you will not be held responsible for any unauthorized transaction made with your card
- Fraud protection: Notifies you of any unusual card activity to help prevent fraud
- Account truncation: Ensures that your privacy is protected by only displaying the last four digits of your account number
Visa-specific benefits
- Extended warranty: Extends the warranties of selected purchases by an additional year (certain conditions and exclusions will apply)
- Purchase protection: Offers you protection against damage and theft on new purchases for 90 days
- Auto rental collision damage waiver insurance: Provides insurance on rental cars—after you charge your entire rental to your card; ensure you decline the rental company’s collision damage waiver option to receive coverage
- Travel and emergency assistance: Lets you call the 24-hour Visa Assistance Center at (800) VISA-911 to seek assistance or information on reporting a lost or stolen card, request an emergency card replacement, seek medical and legal referrals, get transportation assistance, and more
Associated Bank Visa® Business Card Fees
APR
- Introductory: 0% on purchases and balance transfers for the first 18 billing cycles; for balance transfers, the introductory APR period will apply if you make a transfer within 558 days from account opening
- Ongoing and balance transfers: 17.24% to 26.24% variable, which adjusts with the prime rate (with a minimum interest charge of $1)
- Cash advance: 29.99% variable, which adjusts with the prime rate
- Penalty
This will be applied until you make six consecutive minimum payments when due and not exceed your credit limit during that time period.
: 32.49% variable; this may be applied to your account if you:
- Make payment five calendar days late twice or 30 calendar days late once
- Receive a returned payment
- Exceed the credit limit twice in 12 consecutive months
Fees
- Annual: None
- Balance transfer and convenience check cash advance: Either $5 or 3% of each transfer/advance, whichever is greater
- Cash advance, cash advance ATM, and cash equivalent advance: Either $10 or 4% of each advance, whichever is greater
- Foreign transaction:
- 2% of each foreign transaction in United States dollars (USD)
- 3% of each foreign transaction in a foreign currency
- Late payment:
- $19 on balances up to $100
- $29 on balances from $100 to $250
- $39 on balances of $250 or more
- Returned payment: $35
- Overlimit: $39
Your due date is 24 to 30 days after the close of each billing cycle.
- Online: Log in to your account at www.myaccountaccess.com to make an online payment
- AutoPay: Schedule an automatic monthly withdrawal from a checking or savings account
- Phone: Call (866) 552-8855 and follow the prompts to make your credit card payment.
- In-person: Visit the nearest Associated Bank branch.
Associated Bank Visa® Business Card Alternatives
Associated Bank Visa® Business Real Rewards Card
Those wanting an alternative Associated Bank business credit card should look into this card. It offers fixed-rate points rewards for every dollar spent on eligible net purchases, with no caps or limits on the number of points earned, which is something that the Associated Bank Visa® Business Real Rewards Card does not offer.
Associated Bank Visa® Business Real Rewards Card
BEST FOR:
Those who prefer unlimited fixed-rate rewards
Intro APR
0%
Regular APR
19.24% to 28.24% variable
Annual Fee
None
Credit Needed
Good
- 2,500 bonus rewards Points awarded after first purchase
- Earn 1.5 points for every eligible net $1 you spend
Pros
- Has rewards for new and existing cardholders
- With 0% introductory APR on purchases and balance transfers
- Does not charge annual fees
Cons
- With high penalty interest rates
- Rewards expire within five years
- 0% introductory APR is short vs other cards’ introductory rates
- Online reporting with spend analysis: Offers a free online tool that lets you generate credit card spending reports on a monthly, quarterly, annual, or year-to-date basis
- Fraud protection: Associated Bank will notify you of any unusual card activity to prevent fraudulent transactions
- Travel and emergency assistance: Call Visa’s 24-hour Visa Assistance Center at (800) VISA-911 to report a lost or stolen card and request an emergency card replacement.
Intro APR
0%
Regular APR
19.24% to 28.24% variable
Annual Fee
None
Credit Needed
Good
- 2,500 bonus rewards Points awarded after first purchase
- Earn 1.5 points for every eligible net $1 you spend
Pros
- Has rewards for new and existing cardholders
- With 0% introductory APR on purchases and balance transfers
- Does not charge annual fees
Cons
- With high penalty interest rates
- Rewards expire within five years
- 0% introductory APR is short vs other cards’ introductory rates
- Online reporting with spend analysis: Offers a free online tool that lets you generate credit card spending reports on a monthly, quarterly, annual, or year-to-date basis
- Fraud protection: Associated Bank will notify you of any unusual card activity to prevent fraudulent transactions
- Travel and emergency assistance: Call Visa’s 24-hour Visa Assistance Center at (800) VISA-911 to report a lost or stolen card and request an emergency card replacement.
American Express Blue Business CashTM
The card offers Expanded Buying Power—which lets you spend above your credit limit after meeting certain criteria. This feature is unavailable with the Associated Bank Visa® Business Real Rewards Card.
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% – 25.74%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% – 25.74%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
This card offers a 0% introductory period on purchases for the first 12 billing cycles. It also lets you earn up to 5% cash back on selected spending categories, something the Associated Bank Visa® Business Card does not have.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
Those wanting to earn up to 5% cash back on selected spending categories
Intro APR
0% intro on purchases for 12 billing cycles
Regular APR
18.24% - 27.24% Variable
Annual Fee
$0
Credit Needed
Excellent, Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations (transactions of $200 or less)*, office supply stores, cell phone service providers and restaurants (*excludes discount stores/supercenters and wholesale clubs).
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Redeem Cash Rewards right away or save them for later. Cash Rewards do not expire as long as the account remains active.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
Intro APR
0% intro on purchases for 12 billing cycles
Regular APR
18.24% - 27.24% Variable
Annual Fee
$0
Credit Needed
Excellent, Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $750 in cash back. Just spend $6000 on the Account Owner's card in the first 180 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations (transactions of $200 or less)*, office supply stores, cell phone service providers and restaurants (*excludes discount stores/supercenters and wholesale clubs).
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Redeem Cash Rewards right away or save them for later. Cash Rewards do not expire as long as the account remains active.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
- Terms and conditions apply.
Pros
- 0% purchase APR for 12 months
- $0 annual fee
- U.S. Bank ExtendPay® Plan feature
Cons
- No 0% APR on balance transfers
- Charges balance transfer and foreign transaction fees
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- U.S. Bank ExtendPay® Plan: Pay off your eligible balance over time with this feature without interest—just pay a small monthly fee
Frequently Asked Questions (FAQs)
Associated Bank has branches in the following states: Illinois, Minnesota, and Wisconsin.
You can apply online or at an Associated Bank branch.
Call (866) 863-8940 to request a credit limit increase. Note that representatives are available from Monday to Friday from 8 a.m. to 11 p.m. Eastern time or Saturday and Sunday from 10 a.m. to 8 p.m. ET. Another option is to log in to your account, click “Services,” and select “Credit Limit Increase”. Ensure to follow the steps to submit your request.
Bottom Line
Associated Bank Visa® Business Card is designed for businesses needing to charge a large purchase or transfer a balance, as well as carry a balance from time to time. While it carries a $0 annual fee and comes with a low APR, it lacks rewards.
