| Official Card Name |
Iberiabank Visa® Gold Card |
| Card
Apperance |
|
| Brand |
Visa |
| Annual Fee |
$0* |
Introductory
Rate |
1.99 on balance transfer |
Length of
Intro Period |
6 Mo. on balance transfers |
Go To Rate
(After Intro) |
9.25%, 12.25%, or 15.25% |
Balance Transfer
Available |
Yes |
Credit Level
Required |
Excellent |
| Offer Features |
No annual membership fee |
| | Low variable rate of 9.25%, 12.25%, or 15.25% based on the creditworthiness. This APR will vary with the market based on the Prime Rate. |
| | Introductory APR on Balance Transfers of 1.99% for your first 6 billing cycles. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. |
| | Earn 1% in cash back credit on all qualifying purchases |
| | No limit on cash back; no expiration date on eligibility for accounts in good standing |
| | Travel accident coverage up to $500,000 |
| | Online access to credit card account information |
| |
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|
Additional Details, Terms and Conditions |
| |
| Name | IberiaBank Visa® Gold Cash Back Rewards Card |
|---|
| Most Attractive | Low APR for those who qualify; No yearly limit or expiration on rebates. |
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| Least Attractive | Minimal benefits offered. |
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| Description | The IberiaBank Visa® Gold Cash Back Rewards Card, issued by IberiaBank, is designed for those with good credit who would like to take advantage of the cash reward program. Through the rewards program, cardholders earn 1% in cash back credit on all qualifying purchases. There is no limit to the amount of rebates cardholders may earn and rebates do not expire for the life of the account. The card has no annual fee and the interest rate for purchases is reasonably low for a rewards card (for those who qualify). Plus, the card offers a low introductory rate on balance transfers submitted during the first three months for the first six months of membership. In addition to the cash rebate, cardholders have access to common gold benefits, such as up to $500,000 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 cash rebate program will benefit most from what the IberiaBank Visa® Gold Cash Back Rewards Card has to offer. |
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| Short Description | The IberiaBank Visa® Gold Cash Back Rewards Card offers a low interest introductory period along with additional benefits and services. Through the rewards program, cardholders earn 1% in cash back credit on all qualifying purchases. There is no limit to the amount of rebates cardholders may earn and rebates do not expire for the life of the account. This card has no annual fee. There is a low introductory rate on balance transfers for six months, and the APR for purchases is reasonably low, which makes this card a decent option if you plan to carry a balance. You'll also receive additional benefits including various Internet account services and lost and stolen card reporting. |
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| Rating | 5 |
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| Content Updated Date | May 7 2010 2:11PM |
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| Bullets | - No annual membership fee
- Low variable rate of 9.25%, 12.25%, or 15.25% (Prime + 6.00%, Prime + 9.00%, or Prime + 12.00%) 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.
- Earn 1% in cash back credit on all qualifying purchases
- No limit on cash back; no expiration date on eligibility for accounts in good standing
- Travel accident coverage up to $500,000
- Online access to credit card account information
|
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| Issuer | IBank |
|---|
| Category | Reward - Cash |
|---|
| Card Type | Visa |
|---|
| Introductory Rate Offer | 1.99% APR for 6 Months |
|---|
| Card Status | Gold |
|---|
| Introductory APR | 1.99 |
|---|
| Time Period Months or Billing Cycles | 6 |
|---|
| Time Period Type | Months |
|---|
| Intro Applied To | Balance Transfers |
|---|
| Intro Details | Introductory APR 6 billing cycles from the date of the balance transfer check. 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. |
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| Purchase Based on Index | Prime Rate |
|---|
| Purchase Index Value | 3.25 |
|---|
| Margin Rate for Purchases | 6.00 |
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| APR for Purchases Numeric | 9.25 |
|---|
| APR for Purchases | 9.25, 12.25%, or 15.25%* |
|---|
| Rate for Purchases is | Variable |
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| Minimum APR for Purchases | No |
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| APR for Purchases Updated | Monthly |
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| Cash Based on Index | Prime Rate |
|---|
| Cash Index Value | 3.25 |
|---|
| Margin Rate for Cash Advances | 11.50 |
|---|
| APR for Cash Advances Numeric | 14.75 |
|---|
| APR for Cash Advances | 14.75%, 18.25%, or 21.25%* |
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| Rate for Cash Advances is | Variable |
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| Minimum APR for Cash Advances | No |
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| APR for Cash Advances Updated | Monthly |
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| Method of Computing Balance | Average Daily Balance (including new purchases) |
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| Annual Fee | $0 |
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| Annual Fee for Additional Cardholders | $0 |
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| Annual Fee Details | None |
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| Grace Period | 25 Days |
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| Late Payment Fee | $15 if balance is less than $100; $29 if balance is $100.00 to $1,000; $35 if balance is more than $1,000 |
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| Over The Limit Fee | None |
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| Cash Advance Fee | 5%, $5 minimum, $100 maximum |
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| Balance Transfer Fee | 2% of transfer amount |
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| Minimum Credit Limit | n/a |
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| Maximum Credit Limit | n/a |
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| Type of Reward | Rebate |
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| Optional Reward | No |
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| Reward Expiration | None |
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| Reward Yearly Limit | None |
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| Rebate Minimum | 1% |
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| Rebate Maximum | 1% |
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| Additional Rebates | None |
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| Rebate Details | Earn 1% in cash back credit on all qualifying purchases. |
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| Additional Perks | Various Internet account related services. Lost and stolen card reporting. Up to $500,000 in travel accident insurance. See website for additional benefits. |
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| Important Notations | *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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| Credit Rating | Good |
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| Card Overall Rating | 5.00 |
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| Card Benefit Rating | 3.50 |
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