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  F&M Bank Max Cash Preferred Card
F&M Bank Max Cash Preferred Card Unaffiliated

F&M Bank Max Cash Preferred Card

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Highlights
Purchase APR  (Variable APR) 17.49% - 27.49%
(Verified 09/23/2022)
Balance Transfer APR  (Variable APR) 17.49% - 27.49%
(Verified 09/23/2022)
Credit Score Range Starting at 670
Annual Fee $0

F&M Bank Max Cash Preferred Card Review

This is a cashback credit card issued by F&M Bank. If you're wondering whether F&M Bank Preferred Card 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.

Key Takeaways

  • 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers.
  • High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.49% up to 27.49%.
  • 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.
  • 3% Balance transfer fee. F&M Bank Max Cash Preferred Card 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 $5.
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
  • Good or better credit required. You will have low approval odds if your credit score is below 670.

Pros & Cons of F&M Bank Preferred Card

The Good The Bad
  • 0% APR balance transfer intro rate on balance transfers .
  • No annual fee.
  • Higher than average purchase APRs.
  • You need good credit to qualify.
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 2%.
  • You don't earn rewards on every purchase.
  • Does not report to credit bureaus.
  • Charges a 3% balance transfer fee.
  • Does not include many credit card benefits.

F&M Bank Preferred Card FAQ

Does F&M Bank Preferred Card have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.

What are the F&M Bank Preferred Card benefits?

It provides the following benefits:

  • Zero fraud liability

What are the relevant APRs for F&M Bank Preferred Card?

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 higher than average regular APRs.

F&M Bank Max Cash Preferred Card has a variable purchase APR that ranges from 17.49% up to 27.49%. The card has a variable balance transfer APR that ranges from 17.49% up to 27.49%. It also has a variable cash advance APR of 28.99% .

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

Does F&M Bank Preferred Card have an intro APR offer on balance transfers?

Yes, it offers an intro APR rate on balance transfers of 0%

F&M Bank Max Cash Preferred Card Balance Transfers
Description
Balance Transfer Introductory APR 0%
Balance Transfer APR 17.49% - 27.49%
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%

Does F&M Bank Preferred Card have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for F&M Bank Preferred Card?

The following fees apply:

F&M Bank Preferred Card Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 2%
Returned Payment Fee up to $41
Late Payment Fee up to $41

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

Does F&M Bank Preferred Card have a foreign transaction fee?

F&M Bank Preferred Card charges a foreign transaction fee of 2%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $40. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge foreign transaction fees.

What is the customer service phone number for F&M Bank Preferred Card?

The F&M Bank Preferred Card customer service number is .

What is the support contact email for F&M Bank Preferred Card?

The support contact email for F&M Bank Preferred Card is rcs@fmb.com.

What is the F&M Bank Preferred Card login page?

You can access the F&M Bank Preferred Card login page here.

How do people rate the customer service and user experience of F&M Bank Preferred Card?

We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.

How to apply for F&M Bank Preferred Card

  • Visit the F&M Bank Preferred Card 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.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Minimum Cash Advance Fee ($) $10
Foreign Currency Transaction Fee 2%
No Annual Fee
Annual Fee $0
Minimum Interest Charge $1
No Interest Grace Period for Late Payment 24 days
Returned Payment Fee Up to $41
Late Fee Amount Up to $41
Customer Type Personal
Minimum Age 18
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 670 -
Credit Card Benefits
  • Fraud Liability
Cash Advance APR (Variable APR) 28.99%
APR Type Variable APR
Penalty APR (Variable APR) 0%
Purchase APR (Variable APR) 17.49% - 27.49%
(Verified 09/23/2022)
Balance Transfer Introductory APR (Variable APR) 0%
Balance Transfer APR (Variable APR) 17.49% - 27.49%
(Verified 09/23/2022)
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%
Card Type
  • Cashback
Card Network Visa

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