The Alerus Visa Signature Excellent Credit is a personal credit card from Alerus Visa Signature. Application typically pulls a hard report from Experian. The annual fee is $0. The ongoing APR is 13.24%-23.24% after a 0% for 6 billing cycles introductory rate for 6 months. Approval typically requires a credit score of 700 or higher. Signup bonus: Earn 10,000 points after first purchase. Rewards: 2% cash back on dining and groceries, 1% on all other purchases. Cash back: 2%. Typical credit limit: $1,000-$30,000. Application rules: Chase 5/24: Chase will not approve any new card application — personal or business — if you have opened 5 or more credit cards from any issuer in the past 24 months. Business cards from Chase, Amex, and Capital One generally do NOT count toward the 5/24 total because they don't report to personal bureaus..