The Alerus Financial is a business credit card from Alerus Financial. Application typically pulls a hard report from TransUnion. The annual fee is $0. The ongoing APR is 17.49% to 26.49% based on your creditworthiness when you open your account. This APR will vary with the market and is based on the Prime Rate. after a 0% introductory APR for the first 12 billing cycles on purchases, and on balances transferred within 366 days from account opening introductory rate for 6 months. Signup bonus: $25 cash back after your first purchase. Rewards: 3% cash back per dollar on eligible Net Purchases at dining (including takeout and restaurant delivery), gas and electric vehicle charging stations (excluding wholesale clubs and discount stores/supercenters; gas/EV purchases over $200 earn 1%), office supply stores and cell phone service providers; 1% cash back on all other eligible Net Purchases; 5% (1% base + 4% bonus) on prepaid car and hotel reservations purchased in the Travel Center; automatic $100 statement credit per 12-month period after 11 consecutive months of eligible software service purchases; rewards expire 5 years from when they are earned. Cash back: 3% on eligible purchases, 1% on all other purchases. Loan terms: Revolving business credit card; due date 24-30 days after the close of each billing cycle; no interest on new purchases if the entire balance (or Plan Adjusted Balance) is paid in full by the due date each month; interest on cash advances and balance transfers from the transaction date; minimum interest charge $1; Card ExtendPay fixed-payment plans may be offered. This product does not report routine activity to your personal credit (only on default if a personal guarantee is required).