RateBuddy Verdict
The Good
- The ultra-low 1% minimum monthly payment offers critical flexibility for farms dealing with seasonal cash flow.
- Interest rates are personalized, meaning established agribusinesses can secure excellent borrowing rates.
- Allows for very high credit limits (over $50,000) to cover large equipment or operational purchases.
The Trade-offs
- Does not offer any rewards program or cashback for operating expenses.
- The annual fee doubles to $130 if your farm requires a credit limit above $50,000.
Rewards & Earnings
Base Rate
0%
Rewards Summary:
No rewards; This is a specialized utility card designed for agricultural operations to manage cash flow and operating expenses.
Welcome Bonus Details
No welcome bonus details are currently listed for this card.
Features & Benefits
Common Carrier Accident Insurance
Accidental Death & Dismemberment included
Employee Cards
$35 per additional card
Insurance Coverage
Accidental Death & Dismemberment (AD&D) coverage included.
Rates, Fees & Eligibility
| Purchase APR | — |
|---|---|
| Cash Advance APR | — |
| Annual Fee | $65 |
| Supplementary Card Fee | $35 |
| Foreign Transaction Fee | 2.90% |
| Grace Period | 21 days |
| Income Required | No specific requirement listed. |
| Recommended Credit Score | — |
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Filed Under
Low Interest
Business
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