IberiaBank Visa® Gold Cash Back Rewards Card
Card Type: Visa
Card Issuer: IberiaBank
Card Category: Reward - Cash
Apply for Platinum BusinessCard with Unlimited Rewards
- 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.
- 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
- Data
- Rating:
- Intro Rate:
- 1.99% APR for 6 Months
- APR (Cash):
- 14.75%, 18.25%, 21.25%*
- APR (Purch):
- 9.25%, 12.25%, or 15.25%*
- Annual Fee:
- $0
Review
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 rewards program. Through the rewards program, cardholders earn a 1% 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.
Most attractive features: Low APR for those who qualify; No yearly limit or expiration on rebates.
Least attractive features: Minimal benefits offered.
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.
Rates & Fees
Introductory rate: 1.99% APR for 6 Months
Applied towards: Balance Transfers
Introductory Rate Details: Low Introductory APR on balance transfers for your first 6 billing cycles. Applies to balance transfers processed within three months of the account open date.
Apr(Purchases): 9.25%, 12.25%, or 15.25%*
Apr(Cash Advances): 14.75%, 18.25%, 21.25%*
Finance Configuration: Average Daily Balance (including new purchases)
Annual Fee: $0
Additional Cardholders: None
Grace Period: 25 Days
Minimum Credit Limit: n/a
Maximum Credit Limit: n/a
Late Payment Fee: None
Cash Advance Fee: 5% of the amount of the advance, but not less than $5.00, no more than $100.00.
Balance Transfer Fee: 2% of transfer amount
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.
Rewards
First Purchase Bonus: None
Balance Transfer Bonus: None
Annual Bonus: None
Other Bonus: None
Bonus Details None
Reward Type: Rebate
Optional Rewards: No
Minimum Rebate: 1%
Rebate Details: Earn 1% in Cash Back Credits for every $1.00 of qualifying credit card purchases
Maximum Rebate: 1%
Additional Rebates: None
Miles per Dollar spent: n/app
Mile Reward Details: n/app
Additional Miles: n/app
Points per Dollar spent: n/app
Point Details: n/app