| Official Card Name |
Iberiabank Visa® Select Card |
| Card
Appearance |
|
| Brand |
Visa® |
| Annual Fee |
$35 |
Purchase Intro
Rate |
0% or 7.5% |
Length of Purchase
Intro Period |
12 Mo. |
Go To Rate
(After Intro) |
7.50%, 9.50%, or 11.50% |
Balance Transfer
Available |
Yes |
Balance Transfer
Intro Rate |
1.99% |
Balance Transfer
Intro Period |
12 billing cycles |
Balance Transfer
Go To Rate |
See Terms* |
Balance Transfer
Fee |
See Terms* |
Credit Level
Required |
Very Good |
| Offer Features |
Introductory Rate of 0.00% or 7.50% based on creditworthiness for 12 months from date opened on Purchases. This rate will not change during the introductory period. |
| | Intro APR on Balance Transfers of 1.99% for the first 12 billing cycles. After that, APR will be the same as your assigned purchase rate, based on your creditworthiness. |
| | Low Ongoing Variable Rate APR after introductory period of 7.50%, 9.50%, or 11.50% based on your creditworthiness. This APR will vary with the market based on the Prime Rate. |
| | Online access to credit card account information |
| | Low Annual Fee of $35.00 |
| |
|
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| |
|
Additional Details, Terms and Conditions |
| |
| Name | IberiaBank Visa® Select Card |
|---|
| Most Attractive | Low ongoing variable rate APR after introductory period. |
|---|
| Least Attractive | No rewards program. |
|---|
| Description | The IberiaBank Visa® Select Card, issued by IberiaBank, is designed for those with excellent credit who may occasionally carry a balance. This credit card offers an introductory rate of 0.00% or 7.50% based on creditworthiness for 12 months from date opened on purchases, and a low introductory APR on balance transfers of 1.99% for the first 12 billing cycles. After the introductory period, the card offers a low, ongoing variable APR. There is also a low annual fee of $35. The IberiaBank Visa® Select Card is designed for individuals with excellent credit. Applicants are required to be employed by their current employer for a minimum of six months. Proof of income is also required from both the applicant and co-applicant in order to complete the application. Although the IberiaBank Visa® Select Card does not offer a rewards program, it does offer access to common services and benefits, including online access to credit card information. Therefore, those with excellent credit 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® Select Card has to offer. |
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| Short Description | The IberiaBank Visa® Select Card, issued by IberiaBank, is designed for those with excellent credit who may occasionally carry a balance. This credit card offers an introductory rate of 0.00% or 7.50% based on creditworthiness for 12 months from date opened on purchases, and a low introductory APR on balance transfers of 1.99% for the first 12 billing cycles. After the introductory period, the card offers a low, ongoing variable APR. There is also a low annual fee of $35. Because this card does not offer a rewards program, individuals who do not care for any extraordinary benefits or discounts will benefit most from what the IberiaBank Visa® Select Card has to offer. |
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| Content Updated Date | Jan 20 2011 3:10PM |
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| Bullets | - Introductory Rate of 0.00% or 7.50% based on creditworthiness for 12 months from date opened on Purchases. (If there is an interest charge, the charge will be no less then $1.00). This rate will not change during the introductory period.
- Low Introductory APR on Balance Transfers of 1.99% for the first 12 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.
- Low Ongoing Variable Rate APR after introductory period of 7.50%, 9.50%, or 11.50% (Prime + 4.25%, Prime + 6.25%, and Prime + 8.25%) based on your 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 then $1.00).
- Product Enhancements include: Auto Rental Collision Damage Waiver, Roadside Dispatch and Travel Emergency Services.
- Online access to credit card account information
- Low Annual Fee of $35.00.
|
|---|
| Issuer | IBank |
|---|
| Category | Regular |
|---|
| Card Type | Visa |
|---|
| Introductory Rate Offer | 0.00% or 7.50% for 12 Months on Purchases |
|---|
| Card Status | Standard |
|---|
| Introductory APR | 0.00 |
|---|
| Time Period Months or Billing Cycles | 12 |
|---|
| Time Period Type | Billing Cycles |
|---|
| Intro Applied To | Purchases |
|---|
| Intro Details | Introductory Rate of 0.00% or 7.50% based on creditworthiness for 12 months from date opened on Purchases. (If there is an interest charge, the charge will be no less then $1.00). This rate will not change during the introductory period. |
|---|
| Purchase Based on Index | Prime Rate |
|---|
| Purchase Index Value | 3.25 |
|---|
| Margin Rate for Purchases | 4.25 |
|---|
| APR for Purchases Numeric | 7.50 |
|---|
| APR for Purchases | 7.50% |
|---|
| Rate for Purchases is | Variable |
|---|
| Minimum APR for Purchases | No |
|---|
| APR for Purchases Updated | Monthly |
|---|
| Cash Based on Index | Prime Rate |
|---|
| Cash Index Value | 3.25 |
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| Margin Rate for Cash Advances | 9.50 |
|---|
| APR for Cash Advances Numeric | 12.75 |
|---|
| APR for Cash Advances | 12.75% |
|---|
| Rate for Cash Advances is | Variable |
|---|
| 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) |
|---|
| Annual Fee Numeric | 35 |
|---|
| Annual Fee | $35 |
|---|
| Annual Fee for Additional Cardholders | $5 |
|---|
| Annual Fee Details | Low Annual Fee of $35.00. |
|---|
| Grace Period | 25 Days |
|---|
| Late Payment Fee | None |
|---|
| Over The Limit Fee | None |
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| Cash Advance Fee | Either $5 or 3% of the amount of each cash advance, whichever is greater (maximum fee: $100) |
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| Balance Transfer Fee | None |
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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. See website for additional benefits. |
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| Important Notations | Introductory Rate of 0.00% or 7.50% based on creditworthiness for 12 months from date opened on Purchases. (If there is an interest charge, the charge will be no less then $1.00). This rate will not change during the introductory period. Low Introductory APR on Balance Transfers of 1.99% for the first 12 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. |
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| Card Overall Rating | 4.50 |
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| Card Benefit Rating | 2.50 |
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