IberiaBank Visa® Platinum Rewards Card
Card Type: Visa
Card Issuer: IberiaBank
Card Category: Reward - Other
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 ARP 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 bonus point for every $1 in qualifying net retail purchases
- Turn your points into hotel, gift, or experience rewards
- Travel accident coverage up to $1,000,000
- Online access to credit card account information
- Data
- Rating:
- Intro Rate:
- 1.99% APR for 6 Months
- APR (Cash):
- 14.75%, 18.25%, or 21.25%*
- APR (Purch):
- 9.25%, 12.25%, or 15.25%*
- Annual Fee:
- $0
Review
The IberiaBank Visa® Platinum Rewards Card, issued by IberiaBank, is ideal for those with very good credit who plan to take advantage of the rewards program offered. Through the rewards program, cardholders earn one point per dollar spent on qualifying purchases. Points are redeemable for merchandise, travel and gift certificates to participating restaurants and merchants. There is no annual fee for the ScoreCard® Bonus Points Program. In addition, the card offers a low introductory rate on balance transfers submitted during the first three months for the first six months of membership. Aside from the rewards program, cardholders can expect common benefits, such as up to $1,000,000 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 rewards program will benefit most from what the IberiaBank Visa® Platinum Rewards Card has to offer.
Most attractive features: Reasonably low APR for those who qualify; No annual fee.
Least attractive features: Limited benefits offered.
Additional Perks: Various Internet account related services. Lost and stolen card reporting. Up to $1,000,000 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 your account open date.
Apr(Purchases): 9.25%, 12.25%, or 15.25%*
Apr(Cash Advances): 14.75%, 18.25%, or 21.25%*
Finance Configuration: Average Daily Balance (including new purchases)
Annual Fee: $0
Additional Cardholders: Additional card fee is $5 per occurrence.
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: Point
Optional Rewards: No
Minimum Rebate: n/app
Rebate Details: n/app
Maximum Rebate: n/app
Additional Rebates: n/app
Miles per Dollar spent: n/app
Mile Reward Details: n/app
Additional Miles: n/app
Points per Dollar spent: 1 Point
Point Details: Points are redeemable for hotel, gift or merchandise rewards.