The Alerus Financial is a personal credit card from Alerus Financial. Application typically pulls a hard report from TransUnion. The annual fee is $0. The ongoing APR is 17.99% to 28.24% based on your creditworthiness when you open your account. This APR will vary with the market and is based on the Prime Rate. (terms accurate as of 10/2026) after a 0% intro APR on purchases for the first 12 billing cycles; 0% intro APR on balance transfers for the first 12 billing cycles for balances transferred within 366 days of account opening introductory rate. Signup bonus: 15,000 bonus points after eligible net purchases totaling $500 or more within 90 days from account opening. Rewards: 4 points per $1 (1 base + 3 bonus) on eligible net purchases at restaurants, fast-food restaurants and bars on the first $2,000 each quarter, then 1 point; 2 points per $1 (1 base + 1 bonus) at gas stations and EV charging stations, grocery stores and supermarkets, and qualifying streaming subscription services (such purchases at wholesale clubs and discount stores/supercenters earn 1 point); 1 point per $1 on all other eligible net purchases; points expire 5 years from when they are earned. Cash back: $150 bonus reward (15,000 points) after you spend $500 within the first 90 days of account opening. Loan terms: Revolving personal 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; optional Card ExtendPay fixed-payment plans. This product reports activity to your personal credit report.