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Archive for low apr credit card

Iberia Bank Classic has Lowest Credit Card Interest Rate of 7.25%

By BankAim · Comments (0)
Sunday, March 4th, 2012

Credit cards are not one-size fits all. There are different credit cards tailored for each individual need. Just like shopping for the perfect pair of shoes, you need to look at all your options and see which has the best fit for you.

If low interest cards are your weakness, then the Iberia bank classic credit card is you best bet. According to your credit worthiness, you can have a variable APR of 13.25%, 10.25%, or even 7.25%. These highly competitive rates leave other financial institutions nothing on Iberia.

Other Features

Other than the low interest rate, there are several features that make this card awesome.

For one, they offer an APR of 1.995 for balance transfers. This is also the introductory rate they place on such transfers for the first 6 billing cycles. After this time, your credit worthiness will then be assessed, giving you an APR that’s the same as your purchase APR.

For cash advances, a variable APR of 12.75%, 16,25%, or 19.25% is in order. Like APRs for you purchases and transfers, this APR is based on you credit history.

The due date for paying off all your balances takes effect within 25 days upon closing of a billing cycle. If charges are incurred, this is only up to a minimal amount of no less than $0.50.

There is no annual fee, but for every additional card issued, you only pay $5. Balance transfers and transaction fees are only charged 2% of the amount transferred. This is also true for any transaction coming out of the country.

Cash advances will be charged $5, or even 5% of the amount. The maximum fee is up to $100 only.

For any late or return payments, a penalty fee of $35 will be issued.

About Iberia Bank

With over $11.8 billion in assets today, Iberia Bank has definitely come a long way since its establishment in 1887. Now, it has become the largest financial company based in Louisiana. Iberia Bank is a subsidiary of IberiaBank Corporation.

Their comprehensive financial packages include Private, Commercial, and Retail Banking, treasury Management, Mortgage, Investment services, and online banking.

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Categories : Credit Cards
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Low Rate or Cash Back: The America First Visa Platinum Credit Card Series

By BankAim · Comments (0)
Friday, February 24th, 2012

When looking at credit cards, it helps to check out offerings other than from the banks. Credit unions may not be for everyone, but since these financial institutions work in a way that’s so much different from traditional banks, they are able to offer more consumer-friendly options when it comes to credit cards.

America First is currently promoting its Visa Platinum Card. This card is further specified into two types with rewards one would prefer. These are the low rate and the cash back platinum card.

Visa Platinum Low-Rate Card

As the name suggests, the Platinum Low-Rate card offers highly competitive rates. On a national level, ongoing rates are at a lowest of 11.45%. But once you apply for this card, you don’t just get 11% or 10% APR. You can even go as low as 6.99% variable APR. This is one of the lowest being offered by lenders these days. However, this card is available only for personal use, and is not applicable for business accounts.

Since this is a variable APR, your rate will depend on your credit worthiness and upon the money market. However, you can expect your highest APR to go no more than 17.49% annually – a figure that is already the lowest for most banks. Because this offering already has a low ongoing rate, there are no special introductory rates, nor is there a cash-back reward.

Visa Platinum Cash-Back or Rewards Card

If you’re the type to use credit cards often not only for convenience, but also for its perks, then the Visa Platinum Cash-Back or Visa Platinum Rewards Card is for you.

The rewards card allows you to earn a single point for each purchase you make at visa-approved establishment. When you’ve accumulated enough points, reward options await you from any of the participating and affiliated online shops with America First. This card also features a no-charge annual fee.

On the other hand, the cash-back card allow you to get 1% return for each purchase you make that qualifies under this offer. The money you earn gets automatically deposited into your savings account every quarter of the year. Like the former, it does not require any annual fee.

As for the variable APRs, both cards have a variable APR of 8.25%-18.00%. All three cards require a minimum limit of $6,000. Application to any of these cards is simple as one can go online to do so.

Credit cards issued by credit unions most often yield more desirable offers than banks do. And with all these options from America First, you may soon find yourself heading to the nearest branch to set up an account.

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Categories : Credit Cards, Credit Unions
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Low Credit Card Rates from Simmons First Visa Platinum Card

By BankAim · Comments (0)
Saturday, December 31st, 2011

Have you been good this year? If your credit score is considerably noteworthy, then you can look forward to a 2012 of low interest on a credit card. Right now, Simmons First Visa Platinum Card is offering a very low rate of only 7.25% APR for those with excellent credit.

Credit Card Features:

Aside from the rate that won’t burn your money with interest, there are a lot of features to look forward to with the Simmons First Visa Platinum Card. Below are what they have in store for you:

* Accepted Worldwide – You can use your Visa Platinum Credit Card as an ATM from any ATM that accepts Visa. You can access these ATMs 24 hours in a day, anywhere in the world. Aside from this, you can also take advantage of the cash advance feature that is available to you at any financial institution that accepts Visa.

* Get Travel Accident Insurance – For those consumers who are always on the go, it may be a relief to find out that travel insurance is offered for free whenever a ticket is purchased using your Visa card. Whether you use a cruise line, rail bus, or airline, your card can cover you for any accidental death or dismemberment.

* Car Rental Damage/Loss Waiver – If a car is rented using the Visa card, the VISA Auto Rental Insurance can provide coverage for theft or a collision for up to the actual cash value required. This insurance is also available worldwide.

The extra features of the card is most useful for those who go on frequent business trips or leisure travels. The card also does not offer any form of reward or cash back like most cards. However, despite the lack of rewards, consumers can definitely save more because of the low interest rate, which may prove to be more cost effective than some rewards cards. Whatever the case, this card from First Simmons have one of the lowest rates for credit cards, and may just be the card that certain people with good credit are looking for.

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