USES

Business Rewards Preferred from Ocean Bank Review

Business Rewards Preferred from Ocean Bank ā€” all information about the credit card.

Updated December 18, 2023
Advertiser Disclosure Our Methodology
Ocean Bank Business Rewards Preferred
Apply now
Our Rating:
3.19 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 1x Point per $1 spent on every purchase.
  • Intro Offer:
    • No current offer.
  • Annual Fee:
    $0 for the first year
    $75 thereafter
  • Purchase Intro APR:
    0% Introductory APR for the first 6 billing cycles from the date your Account is opened
  • Regular APR:
    14.99% - 22.99% Variable
  • Balance Transfer APR:
    14.99% - 22.99% Variable
Show more

We recommend more cards

Divvy Cross River Bank
Divvy
Cross River Bank
None
Annual Fee
None
Regular APR
2x - 7x:
Points on restaurants.
Apply now
On Cross River Bankā€˜s site
Upgrade Cash Rewards VisaĀ®
Upgrade Cash Rewards VisaĀ®
None
Annual Fee
14.99% - 29.99%
Regular APR
1.5%
Cash Back on payments.
Apply now
On Upgradeā€˜s website
Upgrade Triple Cash Rewards VisaĀ® Upgrade
Upgrade Triple Cash Rewards VisaĀ®
None
Annual Fee
14.99% - 29.99%
Regular APR
3%
Cash Back on Home, Auto and Health categories.
Apply now
On Upgradeā€˜s website
Apply now

Ocean Bank Business Rewards Preferred Rewards Calculator

How do you record your expenses?
Enter your monthly spendings on:
1X
All purchases
$
How would you like to redeem points?
Calculate
Show less details

All benefits

  • Points
    • 1x Per $1 spent on every purchase.
  • Travel
    • MasterRental Insurance Coverage:
    • Coverage includes physical damage and theft of the vehicle and theft or damage to personal effects in the vehicle.

Rate and fee information

  • Purchase Intro APR
    • 0% Introductory APR for the first 6 billing cycles from the date your Account is opened
  • Purchase APR
    • 14.99% - 22.99% Variable
  • Intro Balance Transfer APR
    • 0% Introductory APR for the first 6 billing cycles from the date your Account is opened
  • Balance Transfers APR
    • 14.99% - 22.99% Variable
  • APR for Cash Advances
    • 26.99% Variable
  • How to Avoid Paying Interest
    • Your due date is at least 25 days after the close of each billing cycle. You will not be charged interest on purchases if you pay your entire balance by the due date each month.

Fees

  • Annual Fee
    • $0 for the first year
      $75 thereafter
  • Fees for Balance Transfer
    • Either $10 or 4% of the amount of each transfer, whichever is greater
  • Fees for Cash Advances
    • Either $10 or 4% of the amount of each advance, whichever is greater
  • Penalty Fees
    • 23.99%
  • Return Payment
    • Up to $37
  • Late Payment
    • Up to $37
View all Rates & Fees

Pros & Cons

Pros:
  • Intro APR period
Cons:
  • Foreign Transaction Fee

Features

Classic
Mastercard
  • 0% Intro APR
  • Low interest
  • Fraud Protection
  • Bonus points
  • Purchase Protection
  • Auto Rental Insurance
  • Good Credit
  • Excellent Credit

About the issuer

Ocean Bank
Ocean Bank has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your

Compare with other cards

Unsecured
DestinyĀ® MastercardĀ® First Electronic Bank
DestinyĀ® MastercardĀ®
First Electronic Bank
1.47 out of 5
Recommended credit score
score
No Credit History to Fair (0-669)
  • *see terms*
    Annual Fee
  • 35.9%
    Regular APR
  • This card doesn't offer cash back, miles or points.
  • None
    Purchase Intro APR
Apply now
On First Electronic Bankā€˜s site
The Ownerā€™s Rewards Card by M1 Celtic Bank
The Ownerā€™s Rewards Card by M1
Celtic Bank
3.91 out of 5
Recommended credit score
score
Good to Excellent (670-799)
  • $0
    Annual Fee
  • 17.99% - 27.99%
    Regular APR
  • 10%
    Youā€™ll get up to 10% Cash Back with select brands you hold in an eligible portfolio.
  • None
    Purchase Intro APR
Apply now
On Celtic Bankā€˜s site
Unsecured
MilestoneĀ® MastercardĀ®
MilestoneĀ® MastercardĀ®
3.5 out of 5
Recommended credit score
score
Poor to Good (300-739)
  • $175
    Annual Fee
  • 35.9%
    Regular APR
  • This card doesn't offer cash back, miles or points.
  • None
    Purchase Intro APR
Apply now
On Milestone MastercardĀ® website

See Another Credit Cards in the Bank

Ocean Bank Business Rewards Preferred is an option for those, who need Classic features. With an APR of 14.99% - 22.99% and $0 annual fee this credit card can easily cover your simple everyday demands. For high approval odds you need to have Good to Excellent (670-799) credit score. With Ocean Bank Business Rewards Preferred you will get such features as 0% Intro APR, Low interest, Fraud Protection, etc. To make sure about either this credit card is good for you or not compare it with other cards with similar features.

Another popular cards for you
First Progress Platinum Prestige MastercardĀ® Secured Synovus Bank
First Progress Platinum Prestige MastercardĀ® Secured Credit Card
3.8 out of 5
Recommended credit score
scorer
No Credit History to Fair (0-669)
  • $49
    Annual Fee
  • 14.24%
    Regular APR
  • 1%
    Cash Back rewards on payments.
  • None
    Purchase Intro APR
Apply now
On First Progressā€™s site