Bank of Oklahoma Visa® Business Real Rewards Credit Card Review for 2022
Benilyn has over a decade of experience as a banking officer. Her expertise is featured throughout Fit Small Business in personal finance, credit card, and real estate investing content.
This article is part of a larger series on Best Small Business Credit Cards.
The Bank of Oklahoma Visa® Business Real Rewards Credit Card is designed for business owners who prefer to earn fixed-rate rewards without having to keep track of spending categories. This small business credit card has no annual fee and comes with Visa-specific benefits like extended warranties, purchase protection, and travel assistance.
To see how this card stacks up against others that we have reviewed on our site, click Add to Compare on the card below and select up to two additional cards for comparison.
Bank of Oklahoma Visa® Business Real Rewards Credit Card
Intro APR
0% APR for the first six billing cycles
Regular APR
14.24% to 23.24% variable
Annual Fee
$0
Credit Needed
Good
- 2,500 bonus rewards points after making your first purchase
- Earn 1.5 points on all purchases, regardless of spending categories
Pros
- Sign-up bonus
- No annual fee
- Unlimited rewards
Cons
- Short 0% APR period
- No 0% APR on balance transfers
- Rewards do expire
- Free employee cards with individual credit limits
- Protection against terminated employees’ misuse up to $100,000.
- Free online reporting with spend analysis to help you make informed decisions about your expenses.
Intro APR
0% APR for the first six billing cycles
Regular APR
14.24% to 23.24% variable
Annual Fee
$0
Credit Needed
Good
- 2,500 bonus rewards points after making your first purchase
- Earn 1.5 points on all purchases, regardless of spending categories
Pros
- Sign-up bonus
- No annual fee
- Unlimited rewards
Cons
- Short 0% APR period
- No 0% APR on balance transfers
- Rewards do expire
- Free employee cards with individual credit limits
- Protection against terminated employees’ misuse up to $100,000.
- Free online reporting with spend analysis to help you make informed decisions about your expenses.
How We Evaluate Points Rewards Business Credit Cards
When grading points rewards business credit cards like the Bank of Oklahoma Visa® Business Real Rewards Credit Card, we rate the ongoing and introductory rewards first. We also consider the annual fee, introductory and ongoing annual percentage rates (APRs), and additional card features.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 20 | 30 |
Introductory Rewards | 10 | 20 |
Annual Fee | 15 | 15 |
Features | 15 | 15 |
Introductory APR | 5 | 10 |
Ongoing APR | 7 | 10 |
Total Score | 72 | 100 |
Who Is The Bank of Oklahoma Visa® Business Real Reward Credit Card Best For?
- Business owners who prefer fixed-rate rewards: The Bank of Oklahoma Visa® Business Real Reward Credit Card offers unlimited, fixed-rate points for all purchases, regardless of spending categories.
Bank of Oklahoma Visa® Business Real Reward Credit Card Fees
- Introductory APR: 0% APR on purchases for the first six billing cycles after opening an account
- Ongoing APR: 14.24% to 23.24%, variable
- Annual fee: $0
- Balance transfer fee: $5 or 3% of the amount transferred, whichever is higher
- Foreign transaction fee: 2% of each foreign transaction in United States dollars or 3% of each foreign transaction in a foreign currency
- Cash advance fee: $10 or 4% of the amount of each transaction, whichever is greater—APR is 26.24%
How to Make Payments on the Bank of Oklahoma Visa® Business Real Rewards Credit Card
- Online: Log in to your account at www.myaccountaccess.com to make payments.
- Auto Pay: You can set up an automatic monthly withdrawal from a Bank of Oklahoma checking or savings account to pay your credit card bill.
- By Phone: Call (866) 552-8855.
Bank of Oklahoma Visa® Business Real Reward Credit Card Rewards
- 2,500 bonus points after making your first purchase, redeemable for $25 cash back, merchandise, gift cards, or travel savings
- Unlimited 1% cash back on all other eligible purchases
You can redeem your rewards as a cash deposit to a Bank of Oklahoma checking or savings account or as a statement credit to your credit card bill. Points earned will remain in your account for five years until the end of the quarter in which they were earned. When you redeem points, the earliest-earned points are used first.
Bank of Oklahoma Visa® Business Real Reward Credit Card Additional Features
Online Reporting With Spend Analysis
The Bank of Oklahoma Visa® Business Real Rewards Credit Card comes with a free online tool that allows you to review your credit card spending on a monthly, quarterly, annual, or year-to-date basis. You can view your expenses by total spending, average ticket, or merchant and download an account summary of up to 36 months of data.
Extended Warranty
Visa provides an extended warranty that doubles the manufacturer’s warranty on purchases made with your Bank of Oklahoma Visa® Business Real Rewards Credit Card. Check the terms and conditions section of your credit card guide for certain exclusions.
Purchase Protection
Visa provides purchase protection when you use your Bank of Oklahoma Visa® Business Real Rewards Credit Card to make purchases. Eligible items are protected for 90 days against both damage and theft. Check the terms and conditions section of your credit card guide for certain exclusions.
Fraud Protection & Zero Fraud Liability
Your Visa business credit card is covered by fraud protection, which helps detect and prevent fraudulent activities by monitoring your account regularly. The issuer will notify you of any unusual card activity. Zero fraud liability protects you from fraudulent use of your card or account information in the event your card is lost or stolen. You won’t be responsible for any unauthorized purchases.
Auto Rental Collision Damage Waiver Insurance
You’re covered with auto rental collision damage waiver insurance when you charge your entire car rental to your Bank of Oklahoma Visa® Business Real Rewards Credit Card. Just decline the rental company’s collision damage waiver option to receive 24-hour coverage for theft or collision damage.
Travel & Emergency Assistance
You can call the 24-hour Visa Assistance Center at (800) VISA-911 for assistance or information in case of an emergency. This hotline can help you with reporting a lost or stolen card, emergency card replacement, medical and legal referrals, and transportation assistance. The cardholder will be responsible for any fees associated with these services.
Pros & Cons of The Bank of Oklahoma Visa® Business Real Reward Credit Card
| PROS | CONS |
|---|---|
| Sign-up bonus: You will earn 2,500 bonus points when you make your first purchase with your Bank of Oklahoma Visa® Business Real Rewards Credit Card. | Short 0% APR period: The Bank of Oklahoma Visa® Business Real Rewards Credit Card only offers a 0% introductory APR on purchases for the first six billing cycles. |
| Unlimited rewards: You can earn unlimited rewards on everyday purchases without caps or limits on the amount you can earn. | No 0% APR on balance transfers: This business credit card may not be a good option if you plan to transfer a balance from an existing card, as it does not offer a 0% APR period on balance transfers. |
| No annual fee: Enjoy the benefits of a business rewards credit card without paying an annual fee. | Rewards expire: Rewards points expire after five years. |
Bank of Oklahoma Visa® Business Real Reward Credit Card Alternatives
U.S. Bank Triple Cash Rewards World Elite Mastercard®
The U.S. Bank Triple Cash Rewards World Elite Mastercard® offers a 0% APR for the first 15 billing cycles for both purchases and balance transfers, and you can earn $500 cash back after spending $4,500 in the first 150 days after opening an account. This card is our pick for the best small business credit card for fuel and restaurant rewards.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
Intro APR
0% for first 15 billing cycles
Regular APR
14.74% - 23.74% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited Time Offer: Earn $500 in cash back. Just spend $4,500 on the Account Owner's card in the first 150 days of opening your account.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cellphone service providers, and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center.
- No limit on total cash back earned
- Rewards never expire
- Earn an annual $100 statement credit for recurring software subscription expenses, such as FreshBooks or QuickBooks.
- 0% Intro APR on purchase and balance transfers for 15 billing cycles. After that, a variable APR currently 14.24% to 23.24%.
- No annual fee
- Pay over time by splitting eligible purchases of $100-plus into equal monthly payments with U.S. Bank ExtendPay™Plan.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- 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 1 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.
Intro APR
0% for first 15 billing cycles
Regular APR
14.74% - 23.74% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited Time Offer: Earn $500 in cash back. Just spend $4,500 on the Account Owner's card in the first 150 days of opening your account.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cellphone service providers, and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center.
- No limit on total cash back earned
- Rewards never expire
- Earn an annual $100 statement credit for recurring software subscription expenses, such as FreshBooks or QuickBooks.
- 0% Intro APR on purchase and balance transfers for 15 billing cycles. After that, a variable APR currently 14.24% to 23.24%.
- No annual fee
- Pay over time by splitting eligible purchases of $100-plus into equal monthly payments with U.S. Bank ExtendPay™Plan.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- 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 1 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.
American Express Blue Business® Plus Credit Card
The American Express Blue Business® Plus Credit Card lets you spend beyond your credit limit through its Expanded Buying Power feature. This business credit card has no annual fee and a low ongoing APR. We chose it as our best small business credit card for the self-employed.
The Blue Business® Plus Credit Card from American Express
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Pocketing 2x points per $1 and 0% introductory APR for 12 months
Intro APR
0% on purchases
Regular APR
13.99% - 21.99% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
- You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
- *The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express, and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 13.99% - 21.99%, based on your creditworthiness and other factors at account opening.
- No Annual Fee
- Terms Apply
Pros
- No annual fee
- 0% APR for 12 months on purchases and balance transfer
- Welcome offer bonus points
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Extended warranty protection: American Express will match the length of the original manufacturer’s warranty if it’s less than 2 years. It provides an additional 2 years if the original manufacturer’s warranty is between 2 and 5 years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
- Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 120 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.
Intro APR
0% on purchases
Regular APR
13.99% - 21.99% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
- You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
- *The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express, and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 13.99% - 21.99%, based on your creditworthiness and other factors at account opening.
- No Annual Fee
- Terms Apply
Pros
- No annual fee
- 0% APR for 12 months on purchases and balance transfer
- Welcome offer bonus points
- Expanded buying power
- Fixed-rate rewards
Cons
- Cash advances aren’t allowed
- Charges foreign transaction fees
- 2x points rewards are capped at $50,000 in spending
- Extended warranty protection: American Express will match the length of the original manufacturer’s warranty if it’s less than 2 years. It provides an additional 2 years if the original manufacturer’s warranty is between 2 and 5 years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
- Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 120 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.
Bank of Oklahoma Visa® Business Cash Preferred Credit Card
The Bank of Oklahoma Visa® Business Cash Preferred Credit Card is a good option if you have an existing account with the Bank of Oklahoma and you prefer to earn cash back instead of points rewards. This is also a better alternative if you have significant expenses for gas, cellphone services, office supplies, and dining.
Bank of Oklahoma Visa® Business Cash Preferred Card
Intro APR
0% APR for the first six billing cycles
Regular APR
14.24% to 23.24% variable
Annual Fee
$0
Credit Needed
Good
- $25 cash back awarded after making your first purchase
- $100 annual software credit after 11 consecutive monthly software transactions
- Earn 3% cash back on gas, cell phone services, office supplies, and dining expenses; and 1% on all other purchases
Pros
- Sign-up bonus
- No annual fee
- Unlimited rewards
Cons
- Short 0% APR period
- No 0% APR on balance transfers
- Rewards do expire
- Free employee cards with individual credit limits
- Protection against terminated employees’ misuse up to $100,000
- Free online reporting with spend analysis to help you make informed decisions about your expenses
Intro APR
0% APR for the first six billing cycles
Regular APR
14.24% to 23.24% variable
Annual Fee
$0
Credit Needed
Good
- $25 cash back awarded after making your first purchase
- $100 annual software credit after 11 consecutive monthly software transactions
- Earn 3% cash back on gas, cell phone services, office supplies, and dining expenses; and 1% on all other purchases
Pros
- Sign-up bonus
- No annual fee
- Unlimited rewards
Cons
- Short 0% APR period
- No 0% APR on balance transfers
- Rewards do expire
- Free employee cards with individual credit limits
- Protection against terminated employees’ misuse up to $100,000
- Free online reporting with spend analysis to help you make informed decisions about your expenses
Bottom Line
The Bank of Oklahoma Visa® Business Real Rewards Credit Card is a good option if you have an account with the Bank of Oklahoma and want to earn fixed-rate rewards. It’s important to note that points rewards will expire if not redeemed after five years.
If this card doesn’t suit your needs, visit our Credit Card Marketplace to find a card that’s a better fit for your business.
