Regions Visa® Business Credit Card Review for 2022
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
Regions Visa® Business Credit Card is designed for those with existing savings or checking accounts with Regions Bank, those needing an interest-free financing option to make large purchases for their business, and new business owners wanting a low minimum regular APR—it offers an ongoing APR of 11.74%. It doesn’t charge annual fees and offers an introductory APR of 0% for the first six months after account opening. However, note that this is one of the few business credit cards that doesn’t offer any introductory or ongoing rewards.
If you wish to compare one 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.
Regions Visa Business Credit Card
Intro APR
0% APR on the first 6 months after account opening
Regular APR
11.74% to 22.74% variable
Annual Fee
None
Credit Needed
Good to Excellent
- 0% Intro APR on purchases
- The 0% introductory APR offer applies through the end of the sixth billing cycle after the account is opened for all purchases posted within the same period.
Pros
- No annual fees
- With interest-free financing option
Cons
- Only available in 16 states
- No rewards system for both new and existing cardholders
- Protection against fraudulent activities: Regions Bank will let you know if there are any suspicious activities that may appear fraudulent.
- Online account management: Regions Bank offers an online account management portal that can be accessed through the web and the mobile to manage your accounts, monitor your available balances, and create alerts on account activities.
- Auto Rental Collision Damage Waiver: In the event of theft, damage, valid loss-of-use charges imposed and substantiated by the auto rental company, administrative fees and reasonable and customary towing charges, this will be made available to you as the primary cardholder.
Intro APR
0% APR on the first 6 months after account opening
Regular APR
11.74% to 22.74% variable
Annual Fee
None
Credit Needed
Good to Excellent
- 0% Intro APR on purchases
- The 0% introductory APR offer applies through the end of the sixth billing cycle after the account is opened for all purchases posted within the same period.
Pros
- No annual fees
- With interest-free financing option
Cons
- Only available in 16 states
- No rewards system for both new and existing cardholders
- Protection against fraudulent activities: Regions Bank will let you know if there are any suspicious activities that may appear fraudulent.
- Online account management: Regions Bank offers an online account management portal that can be accessed through the web and the mobile to manage your accounts, monitor your available balances, and create alerts on account activities.
- Auto Rental Collision Damage Waiver: In the event of theft, damage, valid loss-of-use charges imposed and substantiated by the auto rental company, administrative fees and reasonable and customary towing charges, this will be made available to you as the primary cardholder.
How We Evaluate Business Credit Cards
When evaluating business credit cards like the Regions Visa® Business Credit Card, we first considered the introductory and ongoing annual percentage rates (APR). After which, we check if the card offers introductory and ongoing rewards and its standout features, such as purchase protection and extended warranty.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Introductory APR | 25 | 35 |
Ongoing APR | 35 | 35 |
Features | 6 | 10 |
Introductory Rewards | 0 | 10 |
Ongoing Rewards | 0 | 10 |
Total Score | 66 | 100 |
Who the Regions Visa® Business Credit Card Is Best For
- Those with existing checking or savings accounts with Regions Bank: Having an existing checking or savings account with Regions Bank is advantageous as it lets you conduct all transactions within one bank.
- Those who want an interest-free financing option: This business credit card offers 0% introductory APR on purchases for the first six months after account opening, allowing you to plan large purchases for your business.
- New business owners seeking a low minimum regular APR: New business owners can consider this card as it offers a low minimum regular APR of 11.74%
If this card doesn’t fit your business needs, then see our guide on the best small business credit cards. Alternatively, you may want to check our Credit Card Marketplace for more options.
Regions Visa® Business Credit Card Fees
APR
- Introductory APR: 0% APR on purchases for the first six months after account opening
- Ongoing APR for purchases and balance transfers: 11.74% to 22.74% variable—adjusts with the prime rate
- Cash APR: 26.49% variable—adjusts with the prime rate
- Due date: At least 21 days after the close of each billing cycle
- Minimum interest charge: No less than $1
Fees
- Annual fee: None
- Balance transfer and cash advance fees: Either $10 or 4% of the amount of each transfer or cash advance, whichever is greater
- Foreign transaction fees: 3% of the transaction amount in United States dollars
- Late payment fees: Up to $49
Regions Visa® Business Credit Card Rewards
This is one of the few credit cards that doesn’t have any rewards system available for both new and existing cardholders. This is unlike the Regions Visa® Business Enhanced Credit Card, which offers a rewards system of 1 point for every dollar spent on qualifying purchases.
How to Make Payments on the Regions Visa® Business Credit Card
- Online: You can manage your credit card payments via Regions Bank’s online banking portal. Simply follow the steps and indicate the Regions Visa® Business Credit Card. Also, consider setting up AutoPay to avoid missing payments.
- Regions mobile app: Other than its online banking portal, you can make payments on its mobile app, which is available for both iOS and Android users.
- Call: Call (800) 253-2265 and follow the prompts to process your credit card payments.
- Nearest Regions Bank branch: Search for the nearest branch in your area where you can process your credit card payments.
- Mail: Send your check payments to the following addresses:
Regular Mail
Regions Bank
PO Box 2224
Birmingham, AL 35246-3023
Regions Bank
PO Box 2224
Birmingham, AL 35246-3023
Overnight Mail
Regions Bank
201 Milan Pkwy.
Birmingham, AL 35211
Regions Bank
201 Milan Pkwy.
Birmingham, AL 35211
Regions Visa® Business Credit Card Features
The Regions Visa® Business Credit Card has safety and security features offered by both Regions Bank and Visa.
Features from Regions Bank
- Protection against fraudulent activities: Regions Bank will let you know if any activities appear fraudulent. It’ll call, text, and/or email to verify whether you authorized this transaction. If you don’t confirm the authorization of a suspicious transaction, Regions Bank will connect you to a dedicated fraud specialist for more information.
- Online account management: You can access your online account management portal through the web and mobile app to manage your accounts, monitor your available balances, and create alerts on account activities.
Features from Visa®
- Travel and emergency assistance services: These will be made available to you and your spouse and children―dependents 22 years of age or younger―in the event of an emergency while traveling.
- Auto rental collision damage waiver: This is available in the event of theft, damage, valid loss-of-use charges imposed and substantiated by the auto rental company, administrative fees, and reasonable and customary towing charges to your rented car. This benefit is available in the US and most foreign countries except Israel, Jamaica, the Republic of Ireland, and Northern Ireland.
- Purchase security: If damage was incurred in your purchase due to fire, vandalism, accidentally discharged water, or certain weather conditions, you’re entitled to a maximum of $500 per claim and $50,000 per cardholder.
Pros & Cons of the Regions Visa® Business Credit Card
| PROS | CONS |
|---|---|
| No annual fees: This business credit card doesn’t charge any annual fees. | Only available in 15 states: Regions Bank is only available for business owners from the following states: Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, and Texas. |
| Has an interest-free financing option: It offers an introductory fee of 0% APR on purchases for the first six months after account opening. | No rewards system for both new and existing cardholders: This is one of the few cards that doesn’t offer any rewards system for new and existing cardholders. |
Regions Visa® Business Credit Card Alternatives
Regions Visa® Business Enhanced Rewards Credit Card
Regions Visa® Business Enhanced Rewards Credit Card is a good alternative if you still want a business credit card within Regions Bank and prefer an active rewards system when using your card for your purchases. It offers a fixed rate of 1 point for every dollar spent on qualifying purchases. In addition, it has the same interest-free financing option of 0% APR for the first six months after account opening. It should be noted that this business credit card charges a higher minimum regular APR of 13.74% for both purchases and balance transfers.
Regions Visa Business Enhanced Rewards Credit Card
Intro APR
0% APR for the first 6 months after account opening
Regular APR
13.74% to 24.74% variable
Annual Fee
None
Credit Needed
Good to Excellent
- 1 Relationship Point for every dollar spent on qualified purchases.
- Through Visa®®® SavingsEdge, you can earn automatic savings of up to 15% on eligible purchases with designated merchants
Pros
- No annual fees
- With interest-free financing option
Cons
- No introductory rewards
- Only available in 16 states
- Need an active checking and savings accounts to maximize points being earned
- Travel and Emergency Assistance Services: These will be made available to you and your spouse and children (dependents under 22 years old) in the event of an emergency while traveling away from home.
- Auto Rental Collision Damage Waiver: In the event of theft, damage, valid loss-of-use charges imposed and substantiated by the auto rental company, administrative fees and reasonable and customary towing charges, this will be made available to you as the primary cardholder.
- Purchase Security: If damage was incurred in your purchase due to fire, vandalism or accidentally discharged water or certain weather conditions, you are entitled to a maximum of $500 per claim and $50,000 per cardholder.
Intro APR
0% APR for the first 6 months after account opening
Regular APR
13.74% to 24.74% variable
Annual Fee
None
Credit Needed
Good to Excellent
- 1 Relationship Point for every dollar spent on qualified purchases.
- Through Visa®®® SavingsEdge, you can earn automatic savings of up to 15% on eligible purchases with designated merchants
Pros
- No annual fees
- With interest-free financing option
Cons
- No introductory rewards
- Only available in 16 states
- Need an active checking and savings accounts to maximize points being earned
- Travel and Emergency Assistance Services: These will be made available to you and your spouse and children (dependents under 22 years old) in the event of an emergency while traveling away from home.
- Auto Rental Collision Damage Waiver: In the event of theft, damage, valid loss-of-use charges imposed and substantiated by the auto rental company, administrative fees and reasonable and customary towing charges, this will be made available to you as the primary cardholder.
- Purchase Security: If damage was incurred in your purchase due to fire, vandalism or accidentally discharged water or certain weather conditions, you are entitled to a maximum of $500 per claim and $50,000 per cardholder.
U.S. Bank Business Platinum Card
U.S. Bank Business Platinum Card is a great choice if you prioritize getting a longer interest-free financing option for your large purchases. It offers a 0% introductory APR on purchases and balance transfers for the first 20 billing cycles, making it our leading 0% APR business credit card. Additionally, it doesn’t charge any annual fees and has a low minimum regular APR of 13.49%. Similar to the Regions Visa® Business Credit Card, it doesn’t offer introductory or ongoing rewards.
U.S. Bank Business Platinum Card
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:
Extended 0% APR period on purchases and balance transfers
Intro APR
0% Intro APR on purchases and balance transfers for 20 billing cycles.
Regular APR
14.24% - 23.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited time offer: 0% Intro APR on purchases and balance transfers for 20 billing cycles. After that, a variable APR currently 14.24% - 23.24%.
- U.S. Bank Business Platinum Card
- Pay over time by splitting eligible purchases of $100+ 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
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Intro APR
0% Intro APR on purchases and balance transfers for 20 billing cycles.
Regular APR
14.24% - 23.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Limited time offer: 0% Intro APR on purchases and balance transfers for 20 billing cycles. After that, a variable APR currently 14.24% - 23.24%.
- U.S. Bank Business Platinum Card
- Pay over time by splitting eligible purchases of $100+ 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
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Chase Ink Business Unlimited®
Chase Ink Business Unlimited® is our overall best small business credit card and top credit card for new businesses with no credit history. It offers both an interest-free financing option of 0% on purchases for the first 12 months after opening an account and unlimited 1.5% cash back rewards on all business-related purchases. Furthermore, it has a low minimum regular APR of 14.74%—adjusts with the prime rate.
Ink Business Unlimited® Credit Card
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 1.5% cash back on every single purchase
Intro APR
0% Intro APR on Purchases
Regular APR
15.49% - 21.49% Variable
Annual Fee
$0
Credit Needed
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Intro APR
0% Intro APR on Purchases
Regular APR
15.49% - 21.49% Variable
Annual Fee
$0
Credit Needed
Good, Excellent
- Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the US and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Bottom Line
Consider Regions Visa® Business Credit Card if you want a card from Regions Bank that offers an interest-free financing option and a low minimum regular APR. While it doesn’t have any introductory and ongoing rewards, it’s a great option for new business owners needing a credit card for their business.
If this isn’t the right card for your business, visit our Credit Card Marketplace to find one that’s a better fit.
