IberiaBank Visa® Classic Card review 2012
IberiaBank Visa® Classic Card features
- No Annual Membership Fee
- Low variable rate of 7.25%, 10.25%, or 13.25% (Prime + 4.00%, Prime + 7.00%, or Prime + 10.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00).
- Low Introductory APR on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
- Online Access to Credit Card Account Information
IberiaBank Visa® Classic Card bonuses and special offers
- Various Internet account services.
- Lost and stolen card reporting.
- See website for additional benefits.
IberiaBank Visa® Classic Card rates and fees
Rates
- Intro APR on purchases: 1.99% for 6 months
- Regular APR on purchases: 7.25%, 10.25%, 13.25%
- Intro APR on balance transfer: 1.99% for 6 months
- APR for Cash Advances: 12.75%, 16.25% or 19.25%*
Fees
- Balance transfer fee: 2% of transfer amount
- Annual fee: $0
- Late payment fee: up to $35.00
- Over the limit fee: None
- Cash advance fee: either $5 or 5%*
- Grace period: 25 Days
IberiaBank Visa® Classic Card review summary
IberiaBank Visa® Classic Card is a low interest credit card offer.
It was ranked as on of the best low interest offers for people who carry monthly balance by CBS MoneyWatch 2009.
IberiaBank Visa® Classic Card is a standard credit card with no annual fee and no rewards program. The card offers
low introductory rate on purchases and balance transfer. Card's balance transfer is on of the lowest out there.
If you are looking for a card to transfer your balance it can be a good but not the best choice.
There are credit card offers with rewards program and zero introductory rate on our list of
best lowest interest credit cards. Even if you are interested in a
credit card form IberiaBank you can find better options on the list of
IberiaBank credit cards.
You may also consider choosing a card with no balance transfer fee. As the IberiaBank Visa® Classic Card some of
no balance transfer fee offers provide low or zero introductory
interest on balance transfer and purchases.
Updated: 25 October 2011
