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The Bangor Savings Bank Visa Business Bonus Rewards Plus credit card comes with a rewards program that lets you earn 1 point per $1 purchase plus a 50% bonus on all points earned every month. Accumulated points from employee cards are added to the business owner's points total allowing you to potentially amass a large number of points. Points earned can be redeemed for cash back, merchandise, travel and giftt cards or round trip airfare; however there are limits to the airfare total and other restrictions apply.
The Bangor Savings Bank Visa Business Bonus Rewards Plus credit card offers a 0% introductory APR like the Bangor Savings Bank Visa Business Bonus Rewards card; however unlike the regular bonus rewards card this one comes with a $50 annual fee. You do receive a 50% bonus on points every month, but if you are looking to redeem point for travel, you are limited to a $325 cap on airfare. There are comparable cards with longer introductory APR periods and more flexibility redeeming points for travel. The attractiveness of this card may depend on where and how you would like to earn and redeem your points.
We like the 0% introductory APR and balance transfer APR on the first 6 billing periods. The card also gives you a 50% bonus on reward points each month, $50 cash back after your first purchse, and there are no caps or limits on the reward points.
The penalty APR will really do some damage at 28.99% should you make a late payment, exceed your credit limit, or make a payment that is returned. The annual fee and cash advance fee is also on the higher end.
Disclaimer: This content is not provided by the card issuer. Any opinions, analyses, reviews or recommendations on this page have not been reviewed, approved or otherwise endorsed by the card issuer. Terms, offers, conditions and rates were correct at the time of writing but may have changed since and not been updated on this page. For up-to-date terms, offers, rates and conditions, please see the issuer’s site.