FNBO Business Edition® Secured Mastercard® Credit Card

The FNBO Business Edition® Secured Mastercard® Credit Card is fairly unique: there are not that many secured business cards available. If you are a business owner who needs credit and doesn’t have a stellar credit rating, this card might work for you. You can request your credit limit with a deposit of $2,000 to $10,000. Most small business owners might do better to use a personal secured card while reestablishing their credit score, and then applying for a regular business credit card. We dive into the details and your approval odds in this FNBO Business Secured review.

FNBO Business Edition Secured Mastercard

Our Rating

2.5/5.0

Welcome Offer

None

Annual Fee

$39

0% Intro on Purchases

N/a

Reward Rate

No rewards

0% Intro on Balance Transfers

N/a

Editorial Review

Features & Benefits

SecurityEMV Chip Enabled, Zero Liability
Contactless PaymentsTap to Pay, Apple Pay, Samsung Pay
Benefits24/7 customer service
Travel PerksAuto Rental Collision Damage Waiver

Rewards

Interest Rates & Fees

Annual Fee$39
Foreign Transaction Fee3% of each transaction in U.S. dollars
Regular APR25.99% (V) APR

Pros & Cons

Pros
  • Reports to all three credit bureaus
Cons
  • Annual fee
  • No welcome bonus
  • No rewards
  • High APR
  • Foreign transaction fee

What Are the Best Alternatives?

Capital One Platinum Secured Credit Card
Capital One Platinum Secured Credit Card

Rating

3.5

Rewards Range

N/A

Annual Fee

$0

Capital One Quicksilver Secured Cash Rewards Credit Card
Capital One Quicksilver Secured Cash Rewards Credit Card

Rating

3.8

Rewards Range

1.5%

Annual Fee

$0

U.S. Bank Cash+® Secured Visa® Card
U.S. Bank Cash+® Secured Visa® Card

Rating

3.8

Rewards Range

1% - 5%

Annual Fee

$0

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