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This is a standard business card presented by Visa; the account can only be opened by a business and cannot be used as a personal account. It is meant to be used on business-related purchases such as office supplies, staff meals and transportation to and from important business events like meetings and conferences. You may only apply for this card if you do not hold any other Visa business credit card, as this must be your primary business Visa account. There are no annual fees on this credit card, however there are other standard related fees that you must become familiar with before using the account: late fees, overlimit spending fees, cash advance fees and APR and balance transfer fees. Late fees are calculated according to the amount you owe: for anything up to $250 the fee is $15; for anything over that amount you will be charged $39. If you spend more than you have been allocated in credit you will be charged a flat fee of $35. Cash advances on this card are more expensive than most because of the minimum payment of $10; technically each cash advance will cost you 3% of the amount taken out. Cash advances are charged APR at 20.99%. If you wish to make a balance transfer from one or more of your existing credit card accounts to this one, there is a 3% transfer fee for each transaction. There is a minimum payment of $5 and a maximum payment of $99. After a six month no-APR grace period on balance transfers, the balance is subject to standard purchase APR. For this particular account, the purchase APR is dependent on your own credit history and annual income. You may be offered a purchase APR of 10.99%, 14.99% or 20.99% variable, however if you fail to make payments on time each month this introductory offer will shoot up to the default APR of up to 28.99% variable. You will also stand to lose the introductory twenty day no-purchase-APR grace period. This is a good standard business credit card given its lack of annual fees, however there are no reward schemes that might further benefit the company cardholder. There are other cards available that would earn the spender rewards or rebates for regular business purchases, however to find a card without annual fees is rare and so this must be taken into consideration.