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The First Citizens Rewards Business Visa Card has an offer for 10,000 bonus points if your company signs up for accelerated rewards and spends $3,000 within the first 90 days. According to First Citizens Bank, this welcome offer is worth $100. The Ink Business Unlimited® Credit Card offers a much better welcome bonus with comparable spending requirements and no annual fee. See our list for more business credit card offers.
With the First Citizens Rewards Business card, your company earns 1x points on all purchases – capped at 10,000 points per month – without having to pay an annual fee. To accelerate your earnings, pay $150 a year and get unlimited 1.5x points on all spending.
Unfortunately, not all companies are eligible to apply. The First Citizens Rewards Business card is only available in 18 states where the issuer operates (more on that later).
*Check out First Citizens Bank bonuses for checking accounts.
| Rewards Program | Regular | Accelerated |
| Bonus Available | None | Get 10,000 bonus points after you spend $3,000 on purchases in the first 90 days after account opening. |
| Bonus Value* | N/A | $100 |
| Ongoing Rewards/Benefits | Earn 1 point per $1 spent on all purchases. Capped at 10,000 points per month | Earn unlimited 1.5 points per $1 spent on all purchases. |
| Points Expire | After 3 years | Never |
| Foreign Transaction Fees? | 2% | 2% |
| Annual Fee | $0 | $150 |
*Bonus value is an estimated value calculated by MoneysMyLife and not the card issuer. Read our card review for more details.
View our latest valuations here.
Recommended Credit Score (Get Your Free Score)
PROS
- Free employee cards
CONS
- Limited availability
- Good-Excellent credit needed to qualify
- Foreign transaction fees
INK BUSINESS UNLIMITED® CREDIT CARD
The Ink Business Unlimited® Credit Card from Chase offers a $750 bonus (75,000 Ultimate Rewards points) when you spend $7,500 within the first 3 months of account opening. This card has no annual fee.
Get unlimited flat 1.5% Cash Back rewards on every purchase with this card. There are no categories to keep up with.
Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards. You can pool your rewards with other Ultimate Rewards Cards (e.g. Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, Ink Business Preferred® Credit Card). Pair it with one of these cards, use the available transfer partners, and 750k Ultimate Rewards points can be worth up to $1,500 in value.
First Citizens Rewards Business Card 10,000 Bonus Points Offer
Take advantage of the First Citizens Rewards Business card’s 10,000 bonus points offer, worth $100 in rewards (more on that below).
To qualify, register for accelerated rewards and charge at least $3,000 to your card within the first 90 days of opening your account.
Here are some ideas on meeting the spending requirement:
What Are First Citizens Rewards Points Worth?
Each point is worth $0.01, which means 100 points equals $1 when you redeem. When it comes time to use your First Citizen Rewards points, you have a variety of options, including:
- Statement credits
- Airline tickets, hotel stays, car rentals, cruises and tours
- Retail gift cards and certificates
- Merchandise
- Charitable donations
If your company is registered for accelerated rewards, you can redeem 50,000 points for one continental flight priced below $1,000. But you must book that flight at least 21 days in advance and it must include a Saturday night stay. If redeemed this way, your points could be worth as much as $0.02 apiece.
First Citizens Rewards Business Card Availability
The First Citizens Rewards Business card is only available to companies that operate near a First Citizens Bank. That includes businesses in:
- Arizona
- California
- Colorado
- Florida
- Georgia
- Kansas
- Maryland
- Missouri
- North Carolina
- New Mexico
- Oklahoma
- Oregon
- South Carolina
- Tennessee
- Texas
- Virginia
- Washington
- West Virginia
Otherwise, you’ll want to consider business credit cards that are available nationwide.
Bottom Line
No matter which rewards program you’re considering – regular or accelerated – the First Citizens Rewards Business card just doesn’t cut it.
At the no-annual-fee level, you’ll get very low earning potential and a three-year expiration date on your points.
At the accelerated tier, you’ll have to cough up $150 a year. You could get a lot more value out of other business rewards cards with a pricetag like that.
What’s The Competition?
Below are some of the top competitors to the First Citizens Rewards Business Visa credit card you should consider.
INK BUSINESS PREFERRED® CREDIT CARD
The Ink Business Preferred® Credit Card from Chase has a new cardmember offer for 100,000 bonus points after you spend $15,000 on purchases in the first 3 months after opening.
These bonus points are worth $1,250 towards travel when you redeem through Chase Ultimate Rewards. Or, transfer points over to Ultimate Rewards travel partners to potentially get even more value – up to an average $2,000 for 100k points. Read more about this here.
This card earns 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable and phone services, and on advertising purchases made with social media sites and search engines each account anniversary year. You’ll earn unlimited 1 Point Per $1 spent on all other purchases.
The Ink Business Preferred® Credit Card earns Ultimate Rewards points. This makes it a great choice for pairing with the non-business Chase Sapphire Preferred® Card or Chase Sapphire Reserve®. You’ll be able to pool points together for faster rewards.
This card has a $95 annual fee.
INK BUSINESS UNLIMITED® CREDIT CARD
The Ink Business Unlimited® Credit Card from Chase offers a $750 bonus (75,000 Ultimate Rewards points) when you spend $7,500 within the first 3 months of account opening. This card has no annual fee.
Get unlimited flat 1.5% Cash Back rewards on every purchase with this card. There are no categories to keep up with.
Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards. You can pool your rewards with other Ultimate Rewards Cards (e.g. Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, Ink Business Preferred® Credit Card). Pair it with one of these cards, use the available transfer partners, and 750k Ultimate Rewards points can be worth up to $1,500 in value.
CAPITAL ONE SPARK MILES FOR BUSINESS
The Capital One Spark Miles for Business card offers a bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening
Earn 5X miles on hotel and rental car bookings through Capital One TravelSM using this card. Capital One has 10+ transfer partners, potentially making your miles worth even more. Using the strategy of transferring your miles to these travel partners, we estimate 50k miles to be worth around $700.
This card earns unlimited 2X miles all purchases. Another benefit is one credit, up to $100, for a Global Entry or TSA Pre✓ application fee.
The annual fee is waived for the first year and is $95 after that.
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Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.