Business Credit Cards
Your Business is Unique, So are Our Cards!
Our credit cards are designed to provide you the purchasing power and expense management tools that you need. Featuring competitive rates, worldwide acceptance and the professional service you’ve come to expect.
Each South Shore Bank Business Mastercard® offers:
- A convenient method to separate business expenses, manage cash flow, track spending and better forecast for the future
- Additional employee cards at no cost to you with the ability to set individual spending limits
- Multiple payment options, including automatic debit, online, in branch or by mail
Choose the Option that's right for you:
South Shore Bank Business Platinum*
- Enjoy our lowest introductory APR (Annual Percentage Rate) offer.
- Great option for businesses that revolve credit and enjoy low monthly payment options at competitive APRs.
South Shore Bank Business Platinum Rewards*
- Get all the same benefits as the standard Business card
- Earn 1 reward point for every $1 spent on your business’s everyday purchases.***
South Shore Bank Business World Elite*
- Earn 2 points for every dollar spent on travel (airfare, hotel, car rental) and dining , and 1 point per dollar for all other purchases.***
South Shore Bank Business Low Rate Platinum**
- Low APR – Prime + 2.99%
- Zero balance transfer fee for the first 6 months after card opening; then $10 or 1%, whichever is higher.
- $99 Annual Fee**
*Fees and Interest: You will not be charged any interest if you pay your entire balance by the due date each month. The due date will be at least 25 days after the close of each billing cycle. If you are charged interest, the minimum interest charged will be no less than $1. The cash advance fee is either $10 or 4% of the amount of each cash advance (whichever is greater). The APR for cash advances is 23.99%. The fee for each late payment is up to $35. The fee for each returned payment is up to $35. There is no over-the-credit limit fee. There is a 1.5% foreign transaction fee for the for the Business Platinum and Business Platinum Rewards. There is no foreign transaction fee for the Business World Elite Card. The Annual Percentage Rate as of 3/25/20 is 8.99% to 16.99% for the Business Platinum and 12.99% to 18.99% for the Consumer Platinum Rewards and Consumer World card. This is a variable APR that is based on the WSJ Prime Rate and your creditworthiness.
**Fees and Interest: There is a $99 yearly fee for the Business Low Rate Platinum Mastercard®. You will not be charged any interest if you pay your entire balance by the due date each month. The due date will be at least 25 days after the close of each billing cycle. If you are charged interest, the minimum interest charged will be no less than $1. The cash advance fee is either $10 or 4% of the amount of each cash advance (whichever is greater). The APR for cash advances is 23.99%. The fee for each late payment is up to $35. The fee for each returned payment is up to $35. There is no over-the-credit limit fee. There is a 1.5% foreign transaction fee. The Annual Percentage Rate as of 3/25/20 is 6.24%. This is a variable APR that is based on the WSJ Prime Rate.
***Upon approval, a letter will be mailed acknowledging your new account. For details on Rewards Program Rules, please visit https://Southshorebank.myapexcard.com/apply and select Rewards Terms and Conditions. Redemption options are subject to change without notice. Rewards are offered through a third party and are not products of the bank. We group similar merchant category codes into Purchase Categories that are used to calculate the stated rewards points. We make every effort to include all relevant merchant category codes in the list Purchase Categories. However, even though a merchant or the items that it sells may appear to fit within a Purchase Category, the merchant may not provide us with the merchant code that will fall within that Purchase Category. Because of this, we cannot guarantee that a purchase will qualify for more than the standard 1 (one) rewards points as any purchase where a merchant uses a category code outside of the eligible Purchase Category does not qualify for additional rewards points.
