Review of the Chase Visa Platinum Business Card

Summary - The Chase Visa Platinum Business Card is a no-frills business credit card designed for the small business owner. You get a 0% apr on both purchases and balance transfers for 12 months and potentially a low apr. Find out more about this card.

Fees - There is no annual fee for this card. You get an introductory 0% apr on balance transfers and purchases for 12 months. The apr is either prime rate plus 3.99%, 7.99% or 14.99%. The 2-cycle average daily balance method is used to calculate monthly balances.

Other Card Benefits - The Chase Visa Platinum Business Card offers the following benefits.

Purchase Security and Extended Protection

Auto Rental Collision Damage Waiver

Travel and Emergency Assistance

Zero Liability On Unauthorized Purchases

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Verdict - The Chase Visa Platinum Business Card will appeal to the small business owner who is looking for a basic no-frills credit card to charge his or her business expense. Those looking to transfer a balance or need some credit start-up expenses will find the 0% apr offer attractive.

Positives

No annual fee

0% apr for 12 months

Chase Visa Platinum Business Card
Cost/Fees/Interest rates
Introductory rate	0% fixed APR for 12 billing cycles (purchases and balance transfers)
Annual Fees	No annual fee
Purchase APR	Prime Rate plus 3.99%, 7.99% or 14.99%
Balance Transfer APR	Prime Rate plus 3.99%, 7.99% or 14.99%
Cash Advance APR	Prime rate plus 15.99%
Penalty/Default Rate	Prime Rate plus up to 23.99%
Min Finance Charge	$1.00
Grace Period	20 days
Balance Calculation Method	Average Daily Balance (including new purchases)
Balance Transfer Fee	3% min $5.00
Cash Advance fee	3% min $10.00
Foreign Currency Conversion fee	3%
Over-the-credit-limit fee	$39.00
Late Payment fee	$15.00 on balances up to, but not including, $100.00; $29.00 on balances of $100.00 up to, but not including, $250.00; $39.00 on balances of $250.00 and over.