Ocean Bank Business Rewards Preferred Credit Card
- Annual fee
- None for the first year. After that, $75
- Recommended credit
- Excellent / Good
- Card network
- Mastercard
- Intro purchase APR
- 0% for 6 months from account opening date
At a glance
The Ocean Bank Business Rewards Preferred Credit Card puts your business spending to work; whether you’re lunching at your favorite restaurant or making purchases for your business, for every $1 you spend, you’ll earn unlimited points that can be redeemed for cash, brand name products, and travel opportunities. Business owners will love the introductory APR offer, since 0% APR on both balance transfers and purchases for 6 months after your account is opened can add up to big business savings.
Our review of the Ocean Bank Business Rewards Preferred Credit Card
Are you a small business owner who loves rewards and travel? The Ocean Bank Business Rewards Preferred Credit Card is designed just for you. Earn unlimited rewards points on everyday spending, whether you’re shopping locally, making business purchases, or treating your team to lunch. With flexible point redemption options for cash rewards, travel rewards, or shopping, this card has something for everyone.
Enjoy a generous 0% APR for 6 months on purchases and balance transfers, making it easier to pay down previous balances or make big purchases for your business. Plus, with an annual fee of $75 (waived for the first year and for businesses spending $15,000 or more annually), you’ll save even more in the long run.
Protect your business with features like fraud protection, Mastercard® Priceless Cities program, identity theft resolution services, and more. With all these benefits, the Ocean Bank Business Rewards Preferred Credit Card is a smart choice for savvy business owners.
Should you apply? If you want a low rate on purchases, a 0% intro APR, and no annual fee, this card is worth considering. Don’t let the annual fee deter you – for businesses that already bank with Ocean and spend regularly on their cards, the benefits far outweigh the cost. Apply today and start earning rewards for your business!
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- 0% introductory APR on purchases and balance transfers for 6 billing cycles
- Annual fee of $75 waived for first year; annual fee waived each year your company spends $15,000 or more
- Earn 1 point per $1 spent on every purchase; earn unlimited points
- Redeem points for cash rewards, travel rewards, and shopping rewards
Who this card may suit
- You're a business owner who will use this card to spend $15,000 or more annually
- You want to pay down existing debt or make a large purchase to take advantage of the introductory APR offer
- You want a business rewards card with flexible point redemption options
- You want to earn unlimited points at a rate of 1 point per $1 spent on every qualifying net purchase
Rates, fees and terms
| Annual Fee | None for the first year. After that, $75 |
|---|---|
| Intro Purchase APR | 0% for 6 months from account opening date |
| Regular Purchase APR | 14.99% to 22.99% variable based on creditworthiness and the Prime Rate |
| Intro Balance Transfer APR | 0% for 6 months on transfers made within 6 months from account opening date |
| Balance Transfer APR | 14.99% to 22.99% variable based on creditworthiness and the Prime Rate |
| Balance Transfer Transaction Fee | Either $10 or 4% of the amount of each transfer, whichever is greater |
| Cash Advance APR | 26.99% variable based on the Prime Rate |
| Cash Advance Transaction Fee | Either $10 or 4% of the amount of each cash advance, whichever is greater |
| Foreign Transaction Fee | 3% of the transaction amount in U.S. dollars |
| Penalty APR | 23.99% if account is 60 days or more past due |
| Late Payment Penalty Fee | Up to $37 |
| Return Payment Penalty Fee | Up to $37 |
| Over Limit Penalty Fee | $25 fee per billing cycle if a transaction above the credit limit posts to the account |
Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Excellent Credit Good Credit.
Apply Now for Ocean Bank Business Rewards Preferred Credit Card (opens in a new tab)View issuer terms for Ocean Bank Business Rewards Preferred Credit Card (opens in a new tab)
Ocean Bank Business Rewards Preferred Credit Card
Apply Now for Ocean Bank Business Rewards Preferred Credit Card (opens in a new tab)You will leave this site for the issuer’s page. Confirm current terms there.
Similar cards
Ink Business Preferred® Credit Card
- Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash…
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary…
- Annual fee
- $95
- Recommended credit
- Excellent / Good
- Purchase APR
- 20.74% to 25.74% Variable
BILL Divvy Corporate Card
- Ideal for companies that struggle with expense reports, reimbursements, receipts, and expensive annual service contracts
- Combines seamless expense management software with business cards so you never have to process another expense report
- Annual fee
- None
- Recommended credit
- Excellent / Good / Fair
Capital One Spark Cash Plus
- Earn up to a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in…
- Earn unlimited 2% cash back on every purchase, everywhere-with no limits or category restrictions
- Annual fee
- $150
- Recommended credit
- Excellent