First Bank and Trust of New Orleans Visa Platinum

First Bank and Trust of New Orleans Visa Platinum Review

This is a rewards card issued by First Bank and Trust of New Orleans. If you're wondering whether First Bank and Trust of New Orleans Visa Platinum is the right card for you, read on.

Key Takeaways

• Competitive APRs. First Bank and Trust of New Orleans Visa Platinum has a variable purchase APR of 11.9%
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. First Bank and Trust of New Orleans Visa Platinum charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1% every time you make a transaction outside the U.S.
• Accepts cosigners. First Bank and Trust of New Orleans is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
• Fair or better credit required. You will have good approval odds if your credit score is above 640.

Pros & Cons of First Bank and Trust of New Orleans Visa Platinum

First Bank and Trust of New Orleans Visa Platinum FAQ

Does First Bank and Trust of New Orleans Visa Platinum have a cash back or rewards program?

First Bank and Trust of New Orleans Visa Platinum is a travel rewards card.

What are the First Bank and Trust of New Orleans Visa Platinum benefits?

It provides the following benefits:

• Free Credit Score
• Emergency Support
• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for First Bank and Trust of New Orleans Visa Platinum?

First Bank and Trust of New Orleans Visa Platinum has a variable purchase APR of 11.9%. The card has a variable balance transfer APR of 11.9% . It also has a variable cash advance APR of 11.9% .

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for First Bank and Trust of New Orleans Visa Platinum?

The following fees apply:

• There is no overlimit fee

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

Does First Bank and Trust of New Orleans Visa Platinum report your account activity to credit bureaus?

Yes, First Bank and Trust of New Orleans Visa Platinum reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for First Bank and Trust of New Orleans Visa Platinum

• Visit the First Bank and Trust of New Orleans Visa Platinum website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.