| Rewards | No traditional rewards program. |
|---|---|
| Signup Bonus | No signup bonus. |
| Annual Fee | None. |
| Cardmember Agreement | View Here |
| Cash Advance APR | 29.24% – 29.74% (APR is subject to change) |
| Cash Advance Fee | $15 or 5% of the cash advance amount, whichever is greater. |
| Late Payment Fee | $29 for the first late payment. $40 if another late payment happens within six billing cycles. |
| Purchases APR | 24.99% – 25.49% (APR is subject to change) |
| * Card terms and offers are subject to change. Confirm current details with the issuer. | |
CARD OVERVIEW
The Business Edition Secured Card from First National Bank of Omaha is best known as a credit-building tool for small businesses—no rewards, no intro bonuses, and no flashy perks. Instead, it’s all about establishing or rebuilding business credit, with a credit line that matches your security deposit.
Most users say they appreciate the predictable structure: no annual fee, a relatively simple approval process, and the fact that the security deposit earns interest. Many reviewers also mention that FNBO’s customer service is more responsive than they expected from a large issuer.
On the downside, people often complain about the high APR, the lack of rewards, and the large minimum deposit (usually starting around $2,000). Some users also point out that it’s not the easiest card to upgrade out of, so it may feel a bit “basic” once your credit improves.
Personally, I think this card makes the most sense for new or credit-challenged business owners who need a reliable way to build business credit without paying extra fees. If you’re hoping for cash back, travel perks, or low-interest financing, you’ll find better value with an unsecured small-business card once your credit profile is stronger.
RATE THIS CREDIT CARD
Please enter a title of your review.
Please enter a title of your review.
Please write some review.
Bro sorry, but some error occurred :O
C
Rewards With a Purpose
I used this card everyday spends and love how rewards turn into trees planted each year. it's simple to redeem and feels good supporting environment causes. Customer service was friendly, and tracking contributions is easy online.
E
Secure but struggle With Small Business Use
I got this secured business card to build credit, but the fees felt high and he spending limits too tight. Customer service was polite, yer managing expenses felt clunky. Good for basics, not ideal for growth.
