Visa Corporate
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Visa Corporate
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|---|---|
| Characteristics | |
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Credit Line1 From $10,000 to $1,000,000 |
Credit Line1 From $10,000 |
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Initial Fee $0 |
Initial Fee $0 |
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Annual Fee per Account $0 |
Annual Fee per Account $0 |
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Annual Fee Additional Card $20 per card |
Annual Fee Additional Card $0 |
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APR for Purchases Prime + 9.24%2 |
APR for Purchases N/A |
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APR for Cash Advances Prime + 20.24%2 |
APR for Cash Advances N/A |
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Penalty Rate 29.99% |
Penalty Rate N/A |
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Cash Advance and Balance Transfer Fees 2% of the advance; minimum $2, maximum $10. Limit: 30% of total credit limit based on availability |
Cash Advance and Balance Transfer Fees N/A |
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Late Payment Fee $40 charged when account is two cycles late3 |
Late Payment Fee $40.00 or 2.5% of total amount past due, whichever is greater when one cycle late3 |
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Administrative Suspense Fee $0 |
Administrative Suspense Fee $50 charged when accounts is one cycle late4 |
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Fee for Returned Checks $15 |
Fee for Returned Checks $15 |
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Foreign Transaction Fee 2% |
Foreign Transaction Fee 2% |
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Enrollment to Commercial Credit Card Manager5 |
Enrollment to Commercial Credit Card Manager5 |
| Insurance and Travel Assistance Services | |
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International Emergency Medical Services6 |
International Emergency Medical Services6 N/A |
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Auto Rental Insurance6 |
Auto Rental Insurance6 N/A |
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Protection against unauthorized charges7 |
Protection against unauthorized charges7 |
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Visa® Liability Waiver8 |
Visa® Liability Waiver8 |
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Visa Airport Companion9 |
Visa Airport Companion9 N/A |
| Additional Benefits | |
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Maximum Number of Additional Cards Based on customer needs |
Maximum Number of Additional Cards Based on customers needs |
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Grace Period for Purchases At least 21 days |
Grace Period for Purchases At least 21 days |
| Loyalty Program: Rebate10 | |
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Regular Accumulation11 Fixed rebate |
Regular Accumulation11 Stepped Tier rebate |
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Accumulation Limit No annual rebate limit |
Accumulation Limit No annual rebate limit |
Cards issued by Banco Popular de Puerto Rico. Member FDIC, except BVI.
Subject to credit approval.
The APR is variable and will be determined by adding the value of the United States Prime Rate as published by the Wall Street Journal, plus a margin of 9.24% for purchases and 20.24% for cash advances.
The Card will be suspended if it reaches sixty (60) days past due. It will be reinstated once the past due amount is paid. There is no suspense or reinstatement fee for this Product Type.
The Card will be suspended if it reaches thirty (30) days past due. It will be reinstated once the past due amount is paid.
Service at no cost.
Subject to the terms and conditions of the Policy. Call 787-773-3081 or toll free at 1-877-773-3081 for more details.
Does not apply to unauthorized employee use.
The Visa Liability Waiver is an insurance benefit offered by Visa.
Subject to the terms and conditions of the program. Call 787-773-3081 or toll free at 1-877-773-3081 for more details.
Popular reserves the right to adjust the rebate percentage rates and fees accordingly.
Each business where you can make purchases is assigned a code that indicates the main business area. Popular is not responsible for the coding used by the merchant for the purposes of identifying transactions.