First Bank Maximum Rewards Mastercard Review

First Bank Maximum Rewards Mastercard is a cashback credit card issued by First Bank. If you're wondering whether First Bank Maximum Rewards Mastercard is the right card for you, read on. This is everything you need to know to make a good choice.

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 6 months , which is shorter than the average 0% APR period of 12 months.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 18.24% up to 28.24%.
• No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 5% Balance transfer fee. First Bank Maximum Rewards Mastercard charges a fee of up to 5% on balance transfers. After the introductory period, the fee is 5%. For example, a balance of $1,000 could cost up to $50 in transfer fees. The minimum fee is $10.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 650.

The Good	The Bad
0% APR balance transfer intro rate on balance transfers for up to 6 months. 0% APR on new purchases during the first 6 months. No annual fee. First Bank Maximum Rewards Mastercard reports to multiple credit bureaus.	Higher than average purchase APRs. Does not offer a signup bonus. Charges a foreign transaction fee of 3%. Charges a 5% balance transfer fee. After the introductory period, the fee is 5% of the balance transferred or $10, whichever is greater. Does not include many credit card benefits.

Is there a First Bank Maximum Rewards Mastercard cash back or rewards program?

No, First Bank Maximum Rewards Mastercard does not offer a rewards program. First Bank Maximum Rewards Mastercard is a cashback card. This means you earn a percentage of your purchase as a cash reward.

What are the First Bank Maximum Rewards Mastercard benefits?

First Bank Maximum Rewards Mastercard provides the following benefits:

• Reports to major credit bureaus

What are the relevant APRs for First Bank Maximum Rewards Mastercard?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. First Bank Maximum Rewards Mastercard has higher than average purchase APRs.

First Bank Maximum Rewards Mastercard has a variable purchase APR that ranges from 18.24% up to 28.24%. The card has a variable balance transfer APR that ranges from 18.24% up to 28.24%. It also has a variable cash advance APR that ranges from 18.24% up to 28.24%.

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 Maximum Rewards Mastercard?

The following fees apply to First Bank Maximum Rewards Mastercard:

First Bank Maximum Rewards Mastercard Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Returned Payment Fee	$35
Late Payment Fee	$40

Does First Bank Maximum Rewards Mastercard report your account activity to credit bureaus?

Yes, First Bank Maximum Rewards Mastercard 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 Maximum Rewards Mastercard

• Visit the First Bank Maximum Rewards Mastercard 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.