First Bank Platinum Edition Mastercard

First Bank Platinum Edition Mastercard Review

This is a card issued by First Bank. If you're wondering whether First Bank Platinum Edition Mastercard is the right card for you, read on.

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 15 months, which is longer 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 15 months.
• Signup bonus. Offers a signup bonus of up to $25 if you spend $1 within 3 months.
• Competitive APRs. First Bank Platinum Edition Mastercard has a variable purchase APR that ranges from 14.24% up to 23.24%.
• 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.
• 3% Balance transfer fee. First Bank Platinum Edition Mastercard charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 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 will have good approval odds if your credit score is above 600.

Pros & Cons of First Bank Platinum Edition Mastercard

First Bank Platinum Edition Mastercard FAQ

Does First Bank Platinum Edition Mastercard have a cash back or rewards program?

No, it does not offer a rewards program.

What are the First Bank Platinum Edition Mastercard 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 Platinum Edition Mastercard?

First Bank Platinum Edition Mastercard has a variable purchase APR that ranges from 14.24% up to 23.24%. The card has a variable balance transfer APR that ranges from 14.24% up to 23.24%. It also has a variable cash advance APR of 25.24% .

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 Platinum Edition Mastercard?

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 card.

Does First Bank Platinum Edition Mastercard report your account activity to credit bureaus?

Yes, First Bank Platinum Edition 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 Platinum Edition Mastercard

• Visit the First Bank Platinum Edition 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.