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NerdWallet > Business Credit Cards > Nationwide Bank Business Platinum Visa
Review / Compare / Reward Calculations / Interest Calculations / Rankings / Comments
Nationwide Bank Business Platinum Visa
Nationwide+Bank Business+Platinum+Visa%28R%29+Card Credit Card

(4/5 - 14 Votes)
Net Annual Rewards
$264
Reward Rate
1.00%
Annual Fee
$0
Signing Promo
None
APR, variable*
Min APR:
9.24%
Max APR:
19.24%
Default:
24.99%
Cash Adv:
19.24%
Intro APR Promotions
Purchase:
None
Transfer:
0% for 9 mos
Summary
  • Earn 1% on purchases
  • Earn 3% cash back on gas and office supplies, as well as on Nationwide purchases on Market Storefront
  • Cash rewards are credited directly to the credit card

Compare To Our Most Popular Cards For The Category

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Compare To Capital One® Spark℠ Miles for Business

Why do we think you should consider this card?

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Reward Details & Calculator

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Rewards Type: None

Signing Promotion
$0
Estimated Annual Rewards
$21,600 * 1.22%
$264
Annual Fee, 2 yr avg
$0
Annual Rewards (Rewards less Fees)
$264

Calculate Interest & Finance Charges

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Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.

Finance Charge, Balance Transfer of $10,000*

Balance Transfer Fee, 3.0%
$300
Promo APR, First 9 months
$0
APR, 15 months
$1,256
Total
$1,556

*Average APR for Balance Transfers of 7.3% includes transfer fees and APR promotions.

Effective Annual Rate, Purchases

Promo EAR, 0 months
0.00%
Ongoing EAR, 24 months
9.64%
Total EAR, 24 months
9.64%

APR Rankings

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APR
9.24%
ranks #316 out of 1751 cards.
Average is 11.78%.
Balance Transfer Fee
3%
ranks #905 out of 1639 cards.
Average is 1.67%.
Cash Advance APR
19.24%
ranks #452 out of 1002 cards.
Average is 18.74%.

Rewards Rankings

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Annual Fee
$0
ranks #1 out of 1773 cards.
Average is $9.
Base Reward Rate
1%
ranks #69 out of 963 cards.
Average is 0.99%.
Effective Reward Rate
1.22%
ranks #80 out of 958 cards.
Average is 1.04%.
Sign-up Bonus
$0
ranks #1762 out of 1762 cards.
Average is $33.
Credit Card Review: Nationwide Bank Business Platinum Visa


Author:
NERDBOT

Get an unbiased review of the Nationwide Bank Business Platinum Visa from the nerds who know finance! We'll give you our take on the perks and drawbacks of this card and tell you how it stacks up against the Ink Cash℠ Business. (Want to check your credit score first? Ask the nerds!)

NerdWallet Review: The Nationwide Bank Business Platinum Visa

No annual fee: There's no annual fee for the Nationwide Bank Business Platinum Visa. This means it's ideal for those who don't put much on their cards, and want to keep the card open for a long time. Keeping no-fee accounts open boosts your credit score. Check out more no-fee cards here.

Credit Card Showdown: Nationwide Bank Business Platinum Visa vs. Ink Cash℠ Business

Smaller signup bonus: Since the card's signup bonus is smaller, you're leaving a bit of money on the table. Obviously this isn't the only consideration you should take into account, but hey, we thought you should know.

Smaller late payment fee: It has a lower late payment fee, which you incur when you miss a payment or fail to make the minimum. No one sets out to be late on their cards, but if it does happen, at least this card's got your back.

No introductory APR: The card doesn't have an intro APR period. Remember that if you don't pay off your bills in full, you'll likely pay more in interest than you earn in rewards. So if you think you'll carry a balance in the first few months, the Chase Ink has a 0% intro APR period.

Read the full review of the Ink Cash℠ Business on our blog

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