IberiaBank Visa® Platinum Rewards Card Review
 
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Overall Rating: 
Benefit Rating:
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The IberiaBank Visa® Platinum Rewards Card, issued by IberiaBank, is ideal for those with very good credit who plan to take advantage of the rewards program offered.
Through the rewards program, cardholders earn one point per dollar spent on qualifying purchases. Points are redeemable for merchandise, travel and gift certificates to participating restaurants and merchants. There is no annual fee for the ScoreCard® Bonus Points Program.
In addition, the card offers a low introductory rate on balance transfers submitted during the first three months for the first six months of membership.
Aside from the rewards program, cardholders can expect common benefits, such as up to $1,000,000 in travel accident insurance, lost and stolen card reporting, and various online account services.
Therefore, those who qualify for the lowest rate offered, do not want to pay an annual fee, and plan to take advantage of the rewards program will benefit most from what the IberiaBank Visa® Platinum Rewards Card has to offer.
Review Date: July 14, 2009
Note: The review on this card was updated on July 14, 2009. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
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Intro Rate (Intro APR):
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1.99% APR for 6 Months |
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Intro Applied Towards:
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Balance Transfers |
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Additional Intro Details:
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Low Introductory APR on balance transfers for your first 6 billing cycles. Applies to balance transfers processed within three months of your account open date. |
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Purchase APR:
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8.25%-14.25%* (Variable) |
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Cash APR:
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13.75%-20.25%* (Variable) |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
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Annual Fee:
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$0 |
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Grace Period:
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25 Days |
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Over the Limit Fee:
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None |
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Cash Advance Fee:
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5% of the amount of the advance, but not less than $5.00, no more than $100.00 |
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Balance Transfer Fee:
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2% of transfer amount |
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Points Per Dollar:
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1 Point |
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Point Details:
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Points are redeemable for hotel, gift or merchandise rewards. |
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Expiration:
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n/a |
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Yearly Limit:
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No |
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Most Attractive Feature(s):
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| Reasonably low APR for those who qualify; No annual fee. |
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Least Attractive Feature(s):
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| Limited benefits offered. |
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Additional Features:
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Various Internet account related services.
Lost and stolen card reporting.
Up to $1,000,000 in travel accident insurance.
See website for additional benefits. |
*This APR may vary with the market based on the Prime Rate.
See website for complete terms and conditions of card usage and application disclosure.
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