Earn More—and Save More—with Our Great Business Rates. We See It Too!

Because Suffolk Federal is a credit union, we offer local Long Island businesses some of the best rates around—from savings and credit cards to commercial mortgages, lines-of-credit and loans. See for yourself.

  • Business Credit Cards
    Interest Rates and Interest Charges
    Annual Percentage Rate (APR)
    for Purchases
    MasterCard® Business Rewards
    12.50% to 15.50% when you open your account, based on your creditworthiness. This APR is based on the Prime Rate and will vary with the market.
    How to Avoid Paying Interest on PurchasesYour due date is at least 25 days after the close of each billing cycle.We will not charge you any interest on purchases if you pay your entire balance by the due date each month.
    For Credit Card Tips from the Consumer Financial Protection BureauTo learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at www.consumerfinance.gov/learnmore.
    Set-up and Maintenance Fees
    Account Set-up FeeNone
    Program FeeNone
    Participation FeeNone
    Additional Card FeeNone
    Application FeeNone
    Transaction Fees
    Foreign Transaction Fee1.00% of each transaction in U.S. dollars
    Transaction Fee for PurchasesNone
    Pay-by-Phone Fee$5.00
    Penalty Fees
    Late Payment Fee$40.00
    Over-the-Credit Limit FeeNone
    Returned Payment Fee$25.00
    How We Will Calculate Your Balance. We use a method called “average daily balance (including new purchases).”

    Effective Date. The information about the costs of the card described in this application is accurate as of August 1, 2022. This information may have changed after that date. To find out what may have changed, contact the Credit Union.
    Additional Disclosures
    Late Payment Fee$25.00 when minimum payment is not made within three days of the payment due date
    Statement Copy Fee $5.00
    Card Replacement Fee$5.00
  • Deluxe Business Checking
    Deluxe Business Checking
    To Earn Dividend:
    Dividend RateAPY*
    $0 - $49,999.99*0.10%0.10%
    $50,000 - $99,999.990.10%0.10%
    *$20 service fee imposed on balances below $5,000.00.