| Official Card Name |
Iberiabank Visa® Classic 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) |
7.25%, 10.25%, or 13.25% |
Balance Transfer
Available |
Yes |
Credit Level
Required |
Excellent |
| Offer Features |
No annual membership fee |
| | Low variable rate of 7.25%, 10.25%, or 13.25% based on the creditworthiness. This APR will vary with the market based on the Prime Rate. |
| | Low Introductory APR on Balance Transfers of 1.99% for 6 billing cycles. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. |
| | Online access to credit card account information |
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Additional Details, Terms and Conditions |
| |
| Name | IberiaBank Visa® Classic Card |
|---|
| Most Attractive | No annual fee. |
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| Least Attractive | No rewards program. |
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| Description | The IberiaBank Visa® Classic Card, issued by IberiaBank, 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 low introductory rate that can be applied towards balance transfers for the first six months. Therefore, those who are looking for an average 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. |
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| Short Description | The IberiaBank Visa® Classic Card offers a low interest introductory period along with additional benefits and services. This card has no annual fee. There is a low introductory rate on balance transfers for the first six months, and the interest rate for purchases is reasonably low. 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 | Jul 14 2009 11:05AM |
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| Bullets | - 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
|
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| Issuer | IBank |
|---|
| Category | Regular |
|---|
| Card Type | Visa |
|---|
| Introductory Rate Offer | 1.99% APR for 6 Months |
|---|
| Card Status | Standard |
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| Introductory APR | 1.99 |
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| Time Period Months or Billing Cycles | 6 |
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| Time Period Type | Months |
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| Intro Applied To | Balance Transfers |
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| Intro Details | Low Introductory APR on balance transfers for the first 6 billing cycles. Applies to balance transfers processed within three months of account open date. |
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| Purchase Based on Index | Prime Rate |
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| Purchase Index Value | 3.25 |
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| Margin Rate for Purchases | 4.00 |
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| APR for Purchases Numeric | 7.25 |
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| APR for Purchases | 7.25%, 10.25%, 13.25%* |
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| 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 |
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| Cash Index Value | 3.25 |
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| Margin Rate for Cash Advances | 9.50 |
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| APR for Cash Advances Numeric | 12.75 |
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| APR for Cash Advances | 12.75%-19.25%* |
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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 | Up to $35 |
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| Over The Limit Fee | None |
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| Cash Advance Fee | Either $5 or 5% of the amount of each transfer, whichever is greater (maximum fee: $100) |
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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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| Additional Perks | Various Internet account services. Lost and stolen card reporting. 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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| Card Overall Rating | 4.50 |
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| Card Benefit Rating | 2.50 |
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