Personal Credit Cards

First National Credit Card: Everything You Need to Know

The First National Bank was established in 1985 as a family-owned business in Fulda, Minnesota. It has grown over the past three decades, adding more locations throughout Minnesota, Colorado, and South Dakota. Its banking products have expanded to include a wide selection of options for personal and business customers. If you were looking for the First National Bank of Omaha Visa Card, click here.

The bank focuses on taking a personal approach to customer service, ensuring that each customer gets the attention and care a community bank should offer. In this review, we’ll cover everything you need to know about the Visa credit card offered through First National Bank.

First National Credit Card cost overview

How much does this card cost? For starters, there is no annual fee, which is always a plus. There is an interest rate that will be applied to balances that carry over past the due date, as is the usual with all credit cards. The rate varies with the market based on the Prime Rate. You will find out your rate upon being approved for the card.

Note, you will have the option to make a minimum payment, but if you pay your balance in full by the due date, you won’t pay any interest. Other fees that apply are as follows:

  • 2% for foreign transactions
  • $10 or 4% of the amount for cash advances
  • Up to $25 for late payment
  • Up to $25 for a returned payment

Those are all the basic costs you should know, as of this writing.

Learn why a card with an annual fee might be worth it.  

First National Credit Card credit limit

First National Bank will assign you a credit limit, and it will be printed on the information that is sent with your card. This is the amount you can spend. If you go over your limit at any time, it must be paid down immediately. When it comes to cash back, you are able to withdraw up to 50% of your credit limit.

Learn how to get a higher credit limit on your credit card.

First National Credit Card Rewards

With the First National Bank Credit Card, you’ll earn one reward point (equivalent to one dollar) for every $100 that you spend in net purchases; spending $2,000 would earn you 20 points. You will see the number of rewards earned on your billing statement.

Once you earn 25 reward points, you can call customer care to redeem them. They will be applied as a payment toward your account. All rewards must be redeemed in $25 increments, and there aren’t any limits on the number of rewards you can earn. However, points will expire after five years and will be forfeited if your account is suspended or closed.

See the best rewards cards of 2017

First National Credit Card Application

To apply for this card, you’ll need to either call your local branch or stop by in-person. If you call, they will mail you an application which you can return by mail or bring it into a branch.

If you have been notified of an offer for the card, you will be able to accept it online. You just need the reservation number and access code from your acceptance form.

Account management

Online card membership services are available so you can manage your account at any time. You will be able to view your account summary, sign up for email and text alerts, and schedule automatic payments. Alternatively, you can receive your billing statements in the mail and send your payments to the address on the statement.


To help protect cardholders against fraud, there is a FraudWatch that monitors ATM and check card transactions. If something seems wrong, you will receive an alert and can call in to get the details. If your card is lost or stolen due to fraud, there is coverage for any losses incurred.

Is First National’s Visa credit card right for you?

First National’s Visa credit card is a decent option. The pros are that there is no annual fee, it’s a Visa card so is accepted widely, and you earn rewards for your spending. Additionally, the bank has a small-town mindset that offers personal customer service to their clients.

The downsides, when comparing this card to other options, are that it charges foreign transaction fees, offers minimal rewards, and lacks cutting-edge technology. It’s inconvenient that you can’t apply online, as sending an application via mail is a little outdated.

There are other cards with no transaction fees and with much better reward programs. For example, travel credit card expert, Lou Haverty, says, “(If you travel), you have the opportunity to get far more value from travel credit cards. I was actually able to fly Emirates first class around the world using Starwood credit card points. The cash cost would have been close to $20,000 for the trip.”


Compare the pros and cons to make a better decision.

  • No annual fee
  • Earn rewards
  • Personalized customer service
  • Fraud coverage
  • Visa is accepted widely
  • Rewards are minimal
  • Foreign transaction fees
  • Lacking in technology

FAQ on First National Credit Card

What are the best credit cards by First National Bank?

  1. Platinum Edition® Visa® Card – best for low APR
  2. Complete Rewards℠ Visa® Card – best for bank loyalty
  3. Secured Visa® Card – best for building credit

How much does First National credit card cost?

For starters, there is no annual fee, which is always a plus. There is an interest rate that will be applied to balances that carry over past the due date, as is the usual with all credit cards. The rate varies with the market based on the Prime Rate. You will find out your rate upon being approved for the card.

What do I need to open a First National Bank account?

The following is required for all signers on all account types: 

  1. Valid government issued ID (copies must be notarized)
  2. Quick start account opening
  3. Proof of Residence (If current address does not match)
  4. Social Security Number.

Does First National Bank have ATM deposit?

Yes, you are able to deposit checks anytime, from anywhere with mobile deposit! This feature of mobile banking allows you to deposit a check into your FNB account via a smartphone or tablet. 

Can FNB consolidate my debt?

By allowing you to combine several debts into one manageable monthly repayment at a lower interest rate, FNB debt consolidation loans can help you to save up to 20% by consolidating your debt and decluttering your financial life.

It’s important to identify which rewards program would offer you the most value before picking a card. However, if you are already a member of First National and have a branch near you, this may be a good fit.

To compare this card against other options, click here.