Classic Black Visa Credit Card by Public Savings Bank
Here is a fairly nice credit card offer through Public Savings Bank. Thanks to BankVibe reader John for the submission. In the email John (who is a recent college grad) claimed to have applied (and was approved) for this card after being laid off from his job.
This is an ideal credit card for individuals with thin credit, students or even immigrants (basically anyone new to applying for credit). Keep in mind, however, this is not a prepaid credit card and you WILL be building credit.
Public Savings Bank is an FDIC insured institution based out of Philadelphia, PA. This card is available to consumers nationwide
Black VIsa Card Features:
• 0% APR for 6 months
• No annual fees
• 25 day grace period
• No credit check
• No income or employment verification
If you have any experience with this credit card offer (positive or negative) please share with our readers. Thanks.
September 23rd, 2009 at 9:55 am
ahh but what is the APR AFTER 6 months? And with no credit check or verification? Interest must be through the roof, I think this is a bad idea
December 18th, 2009 at 2:41 pm
Rate is prime + 7.99%… so 11.24%. Not awful considering it’s meant to re-establish credit. Plus there are no annual fees so I think it’s pretty good.