How to Apply for the Bangor Savings Bank Visa Business Bonus Rewards Card


The Bangor Savings Bank Visa Business Bonus Rewards Card is one of the four business credit cards offered at Bangor Savings Bank and issued by Elan Financial Services. This is a perfectly acceptable candidate for your wallet as it provides you with the opportunity to add employee cards, it comes furnished with a 1 point/dollar rewards program, and it demands no annual fee. The APR is based on your creditworthiness and the difference between the lowest and the highest possible outcome is 11%. This is all to say that this is a much more attractive option if you have a strong credit score going into the application. The card gets its name from the bonus 25% cardholders receive on all points accumulated each month, an extra points bump that could end up being significant should you use this card on the regular. If you like what you’re reading, take a look at our application guide below which will walk you through the process of submitting a card request online.

Before you go ahead and enter in your personal/financial information online, we suggest that you take the time to read through the Elan Financial Services privacy policy just to make sure you’re comfortable with how they protect what you submit.

Requirements

The following must apply in order for you to be eligible for this card:

  • Be 18 years of age
  • Have a U.S. address
  • Have a valid Business Tax ID
  • Have a valid SSN

How to Apply

Step 1 – To access the online application form, you’re going to have to follow this link to the credit card summary page. Scroll down to the Business Credit Cards to find our Visa Business Bonus Rewards Card. Below the card heading, click Apply Now.

Step 2 – The start of the application for will ask that you provide your business information. This will include the following:

  • Business name to appear on cards
  • Business name
  • Business tax ID number
  • Complete business address (city, state, ZIP code)
  • Alternate mailing address (if applicable)

Step 3 – Continue on answering their questions by submitting the requisite information into the fields listed below.

  • Years at current business address
  • Year business was started
  • Legal structure
  • Nature of business
  • Type of industry
  • Country of formation
  • Number of countries with offices

Step 4 – Using the drop down menu, elect whether or not you’d like cash access. .This will give you access to convenience checks, and cash advances through a variety of mediums. Next, answer Yes or No to Bangor Savings Bank’s questions asking which accounts you currently hold with them.

Step 5 – The business owner’s information can be provided at this point. Whether you own the business or you’re simply a representative, you will need to provide the following:

  • Business owner type
  • Full name
  • SSN
  • Date of birth
  • Phone number
  • Email address
  • Complete mailing address (city, state, ZIP code)
  • Alternate mailing address (if applicable)

Step 6 – Here you can supply the form with your Annual Income and Ownership Percentage (the percentage of the company you own). If you are a politically exposed person, indicate that this is so by selecting Yes.

Step 7 – If you’d like to perform a balance transfer from another card onto this one, or from multiple cards onto this one, you may do so at this juncture by selecting Yes and entering in the required info. If there are additional beneficial owners, owners with a 25% or greater stake in the company, indicate that this is the case by clicking Yes and again, submitting the requisite data. Finally, you have the opportunity to add up to 10 employee cards. Submit each employee’s personal information before continuing on.

Step 8 – Read over the terms and conditions to make sure that you’re satisfied with the deal in which you’re entering. Providing everything appears as it should, select the check box labelled I accept the Terms and Conditions and click Submit to send in your application for review.

You’re all finished! Your application has been sent in and you need only wait for a response from Elan Financial Services. We wish you the best luck with the result of your submission and we hope for the best for your and your business’s financial future. Take care!

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