Should I apply for a 1st Financial Bank credit card?
No application fee,
No annual fee,
No interest charges,
(0% APR fixed) on purchases up to $250.00.
Since I will be a college student soon, what the hell right? I should get an “emergency” credit card. The downside is if you miss your payments “as low as $10 per month on balances up to $250 a month” they throw a 23.95% interest rate at you… What the hell?
I don’t know if i should do it. Can someone please explain this to me, in ENGLISH, no high term-business vocabulary to ensure I understand this coherently; what does this means and what consequences do i face?
I have 1st fiancial bank and I have had them 7 years and always been happy. Yes, if you default on ANY part of the agreement (late payment, overlimit, etc) you get the default rate- but guess what? ALL credit cards do that. It should go back down if you’re good for 6 months.
Tell them you are a college student– they should be more lenient on application requirements.
Be careful not to charge too much. To help your credit score most, you want to stay below 25% of your limit.
NEVER use every last dollar. If the interst gets tacked on at the end of a billing period and puts you over your limit, you get hit with a $35 late fee– and that high APR rate. That’s how ALL Cc’s work.
running scared turtle