Bangor Savings Bank in partnership with Elan Financial Services among other credit cards also offers a Business Bonus Plus Rewards Card for business owners and those actively in business. Using this card is stress-free. With a run-of-the-mill rewards program and a very flexible APR, running a business becomes a whole lot cheaper.
This business card offers cardholders the opportunity to earn 1 point for every $1 spent, a 0% APR for the first 6 billing cycles on purchases and balance transfers and a $50 annual fee which seems fair enough.
With a 50% bonus on all points earned every month, additionally, there is a 24.49% cash advance APR, a 12.49% to 23.49% purchases APR and a late payment fee of $19 on balances up to $100, $29 on balances from $250 or more. There is also a cash advance fee of 3% or $5 minimum of the amount of each cash advance/cash advance and a cash equivalent advance of 4% or $20 minimum of the amount of each cash advance, whichever is greater respectively.
An applicant must have the following:
- Be at least 18 years of age
- Have a valid US address
- Have a valid business Tax ID
- Have a valid SSN
HOW TO APPLY FOR BANGOR SAVINGS BANK VISA BUSINESS BONUS
Step 1- Go to the EFS card summary page, scroll to the Business Credit Card section and click on “Apply now” under the “Bonus Rewards Plus Card” option
Step 2- Next, Enter all required information such business information.
Step 3- Next, indicate whether or not you’d like cash access and whether you have an account with Bangor Savings Bank
Step 4- Enter all required information such as personal information, annual income, and ownership percentage and indicate whether you are a politically exposed person.
Step 5- Indicate if you would want to do a bank transfer if there are additional beneficial owners. Here, you can add up to employee cards and add each employee’s personal information before continuing
Step 4-Read and Agree to the Terms and Conditions; then click on “Submit” to complete your application
To activate your credit card, call 1(800),558-3424 to speak to a customer care representative.
Then proceed to register by:
Selecting the “secure registration” link and go to the “Enroll in credit card account access page” and fill in all required data.
Then, proceed to create a personal ID and Password and click on “Submit” to complete your online banking registration process.
HOW TO LOG IN BANGOR SAVINGS BANK VISA BUSINESS BONUS
Navigate to the login window on the webpage
Enter your login credentials and click on continue to proceed
HAVING DIFFICULTY TO LOGIN?
Go to the homepage, select the “forgot your Personal ID” link and fill in all required information and click “submit” and you will be directed on how to retrieve your account.
To retrieve your forgotten password, click on the “forgot your password” link and follow the instructions to recover and gain access to your account.
CardMember Service // P.O. Box 790408 // St Louis, MO// 63179-0408.