Before applying for the BancorpSouth MasterCard Business Credit Card read this review. BancorpSouth is based in Mississippi. The bank offers a variety of business services and is committed to helping local businesses find the best solutions for their business financing needs. In this BancorpSouth MasterCard Business Credit Card review, we will look at the rates for BancorpSouth’s MasterCard BusinessCard as well as the optional rewards programs that the card offers. Hopefully, this will help you to decide whether or not this business credit card is right for you. After reading this BancorpSouth Business Credit Card review be sure to use our free credit card finder!
BancorpSouth MasterCard BusinessCard Fees and Rates
To begin our BancorpSouth MasterCard Business Credit Card review, let’s look at the fees and rates that apply to the BancorpSouth MasterCard BusinessCard. There is no annual fee. The annual percentage rate, or APR, for purchases advances is Prime + 5.9% (the Prime Rate as of the writing of this article is 3.25%). For cash advances, the APR is Prime + 9.9%. These rates are quite competitive. The bank also offers the option to link the credit card to the business’ checking account for the purpose of overdraft protection, as well as other card benefits such as purchase assurance on damaged or stolen purchases. So the benefits of the card don’t just stop at low interest rates and fees, but also include measures to protect you from fraud and other business liabilities.
BancorpSouth MasterCard BusinessCard Rewards
Next in our BancorpSouth MasterCard Business Credit Card review, let’s look at the rewards program. The MasterCard BusinessCard is eligible for the same rewards program that the personal credit cards utilize. You earn one point for every dollar you spend, and you get rebates when you use your card when making purchases from rewards affiliates. The rebates range from standard (1%) to excellent (20%). You can redeem your points for gift cards, travel, or activities and getaways. The rewards program offers plenty of redemption options and the point worth is fairly valuable. BancorpSouth’s rewards program is one of the better programs out there.
A Good Business Credit Option
BancorpSouth’s rates are competitive and its rewards program is among the best. The only big problem with BancorpSouth’s credit cards is that they’re only available to residents of Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee, and Texas. If you don’t live in one of those nine states, then you’re out of luck. But, to conclude our BancorpSouth MasterCard Business Credit Card review, if you do live in one of these states and are in the market for a business credit card with great rates and rewards, then you might want to apply for their MasterCard BusinessCard. Get started using our free credit card finder!
