Business Credit Card

Peoples Bank offers the Peoples Bank Business Visa® Credit Card, a locally-serviced business credit card designed to provide flexible credit for daily business needs. The card earns Peoples Points rewards on qualifying purchases, is manageable through Peoples Bank's Online & Mobile Banking, and is backed by the Visa® network for acceptance at millions of locations. Unlike cards issued by large national financial institutions, the Peoples Bank Business Visa is serviced locally, meaning your account is managed by bankers in your own community across Iowa, Minnesota, and South Dakota. Applications are available in person at any Peoples Bank location or via a printable application form. 

 

The Peoples Bank Business Visa® Credit Card earns Peoples Points at a rate of 0.5 points for every $1 spent on qualifying net purchases. Points accumulate over time and can be redeemed for rewards. For businesses with regular, consistent spending on operating expenses such as fuel, supplies, vendor payments, subscriptions, and similar categories; the Peoples Points program provides ongoing value that compounds with every transaction. Full details on qualifying purchase categories and reward redemption options are available through the card's Terms & Conditions or by speaking with a Peoples Bank banker.

You can apply for the Peoples Bank Business Visa® Credit Card in two ways: by visiting any of the ten Peoples Bank locations in Iowa, Minnesota, and South Dakota to apply in person with a banker, or by printing and completing an application form available through the bank's website and submitting it to a local Peoples Bank location. Applying in person is recommended for business owners who want to discuss credit limits, program features, or how the card integrates with their other Peoples Bank business accounts. All applications are subject to credit approval.

Yes. The Peoples Bank Business Visa® Credit Card is fully integrated with Peoples Bank's Online & Mobile Banking platform. You can view your statement, monitor transactions, check your balance, and make payments from anywhere at any time through the online banking portal or the mobile banking app. In-person payment and account service is also available at all ten Peoples Bank locations. For account questions during business hours, call (712) 476-2746 or (877) 440-2746. After-hours support is available at (866) 587-2767.

 

Report a lost or stolen Peoples Bank Business Visa® Credit Card immediately to minimize exposure to unauthorized charges. During business hours, call (712) 476-2746 or (877) 440-2746. After-hours support is available at (866) 587-2767. Because the card is locally serviced, Peoples Bank's team can act quickly to freeze the account, investigate any suspicious transactions, and issue a replacement card. Prompt reporting is the single most effective action you can take to protect your business from card fraud.

 

Local servicing means your Peoples Bank Business Visa® account is managed by bankers in your own community, not routed through an offshore call center or a national credit card servicing operation. The practical benefits are significant: when you have a question, a dispute, or a fraud concern, you are speaking with someone who knows your business and your banking history. Decisions are made locally, which typically means faster resolution times and more context-aware responses. For business owners who value accountability and genuine relationships with their financial partners, a locally-serviced card is a meaningful differentiator. 

 

A business credit card gives you a short-term financing tool that can smooth out the gaps between when expenses occur and when revenue arrives. Rather than drawing down your business checking account for every purchase, a credit card lets you consolidate monthly operating expenses into a single statement with a payment due date, effectively giving you a float period of up to 30 days on purchases. When used responsibly (paying the balance in full monthly to avoid interest), it is a cost-free short-term working capital tool. The Peoples Points rewards add a layer of value on top of the cash-flow benefit, making every business purchase more efficient.

 

Peoples Bank offers both a Personal Visa® Credit Card and a Business Visa® Credit Card. While both cards earn Peoples Points rewards (0.5 points per $1 spent on qualifying purchases) and are locally serviced, they are designed for different purposes. The Business Visa is intended for business-related expenses, helping owners keep business and personal spending clearly separated for bookkeeping, tax preparation, and financial reporting. Mixing business and personal expenses on the same card can create significant accounting headaches and may complicate tax filings. A dedicated business card establishes a clean, separate financial record for your company.

 

Protecting your business from credit card fraud requires a combination of proactive monitoring and strong internal controls. Key practices include reviewing your Peoples Bank Business Visa® statement promptly each month to spot unfamiliar charges, setting up transaction alerts through Digital Banking, limiting employee card access to only those who genuinely need it, establishing clear spending policies for employee cardholders, and reporting any suspicious activity immediately by calling (866) 587-2767. Peoples Bank actively educates its business customers on evolving fraud tactics; including phishing, account takeover schemes, and card skimming.

 

For specific details about employee card capabilities, credit limits, and account management features for the Peoples Bank Business Visa® Credit Card, contact a Peoples Bank banker directly at (712) 476-2746 or (877) 440-2746, or visit any of the ten locations across Iowa, Minnesota, and South Dakota. Because the Business Visa is locally serviced, a Peoples Bank banker can walk you through the full feature set, discuss your business's specific needs, and help you configure the card account structure that best supports your team's spending.