FirstBank Classic Visa Review

This is a cashback credit card issued by FirstBank. If you're wondering whether FirstBank Classic Visa is the right card for you, read on. This review will provide you with with all the details you need 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.
• Competitive APRs. FirstBank Classic Visa has a variable purchase APR of 15.15%
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 2.5% Balance transfer fee. FirstBank Classic Visa charges a fee of 2.5% on balance transfers. For example, a balance of $1,000 could cost $25 in transfer fees. The minimum fee is $2.
• 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 650.

The Good	The Bad
Potentially lower than average purchase APRs. 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. Cardholders can earn rewards on purchases everywhere FirstBank Classic Visa is accepted. FirstBank Classic Visa reports to multiple credit bureaus.	Does not offer a signup bonus. Charges a foreign transaction fee of 3%. Charges a 2.5% balance transfer fee. Does not include many credit card benefits.

Does FirstBank Classic Visa have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.

FirstBank Classic Visa Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A

What are the relevant APRs for FirstBank Classic Visa?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

FirstBank Classic Visa has a variable purchase APR of 15.15%. The card has a variable balance transfer APR of 18.15% . It also has a variable cash advance APR of 18.15% .

What are the fees for FirstBank Classic Visa?

The following fees apply:

FirstBank Classic Visa Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Returned Payment Fee	$12
Late Payment Fee	$35

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

Does FirstBank Classic Visa report your account activity to credit bureaus?

Yes, FirstBank Classic Visa 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 FirstBank Classic Visa

• Visit the FirstBank Classic Visa 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.