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IberiaBank Visa® Classic Card Review
Issued by IberiaBank
  
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Overall Rating:
Benefit Rating:
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The IberiaBank Visa® Classic Card, issued by Pulaski Bank, is designed for those with average credit who may occasionally carry a balance.
Although this card does not offer a rewards program, it does offer access to common services and benefits, including online account access and lost and stolen card reporting.
The card has no annual fee and offers a 0% introductory rate that can be applied towards balance transfers for the first six months. Once the introductory rate expires, the card offers a very low interest rate for all transactions. This is a rare benefit, considering that the rate for cash advances is generally much higher than that of purchases.
Therefore, those who are looking for a low rate credit card, plan to occasionally carry a balance, and do not care for any extraordinary benefits or discounts will benefit most from what the IberiaBank Visa® Classic Card has to offer.
Although this card does not offer a rewards program, it does offer access to common services and benefits, including online account access and lost and stolen card reporting.
The card has no annual fee and offers a 0% introductory rate that can be applied towards balance transfers for the first six months. Once the introductory rate expires, the card offers a very low interest rate for all transactions. This is a rare benefit, considering that the rate for cash advances is generally much higher than that of purchases.
Therefore, those who are looking for a low rate credit card, plan to occasionally carry a balance, and do not care for any extraordinary benefits or discounts will benefit most from what the IberiaBank Visa® Classic Card has to offer.
Review Date: August 19, 2008
Note: The review on this card was updated on August 19, 2008. 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.
| Credit Card Rate Details | |
Intro Rate (Intro APR):
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0% 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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The introductory rate is available on balance transfers submitted during the first three months. |
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Purchase APR:
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4.00% (Variable) The APR for purchases is based on the Prime Rate. |
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Cash APR:
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5.00% (Variable) The APR for cash advances is based on the Prime Rate. There is a minimum APR on cash advances. |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
| Credit Card Fee Details | |
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Annual Fee:
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$0 |
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Additional Cardholders:
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$0 |
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Grace Period:
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25 Days |
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Late Payment Fee:
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$15 on balances up to $100; $29 on balances of $100 through $1,000; $35 on balances over $1,000 |
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Over the Limit Fee:
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$35 |
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Cash Advance Fee:
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5%, $5 minimum, $100 maximum |
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Balance Transfer Fee:
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None |
| Features | |
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Most Attractive Feature(s):
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| Low APR on all transactions; 0% introductory offer; no annual fee. | |
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Least Attractive Feature(s):
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| No rewards program. | |
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Additional Features:
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| Various internet account services. Lost and stolen card reporting. See website for additional benefits. |
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Important Notations
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| The APR for purchases and balance transfers varies according to the applicant's credit history and will be -1.00%, 0.00%, or 1.00% + Prime Rate. The APR for cash advances varies according to the applicant's credit history and will be 0.00%, 1.00%, or 2.00% + Prime Rate. See website for complete terms and conditions of card usage and application disclosure. | |
| Additional Information | |
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Apply Online for the IberiaBank Visa® Classic Card from IberiaBank See other Regular Credit Cards See other Credit Cards Issued by IberiaBank See other Visa Credit Cards |
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