The Montecito Bank & Trust is a personal credit card from Montecito Bank & Trust. Application typically pulls a hard report from TransUnion. The annual fee is No Annual Fee. The ongoing APR is 17.24% to 27.24% variable after a 0.00% intro APR for one year on purchases and balance transfers introductory rate for 12 months. Rewards: 3x points on quarterly bonus categories and charitable giving; 1x on other purchases. Cash back: 1 point per dollar spent on all other purchases.. Typical credit limit: Up to $50,000. Loan terms: Revolving credit; minimum payment is 2% of the balance or $25, whichever is greater (plus any amounts the contract adds). This product reports activity to your personal credit report.