IBERIABANK Visa® Classic Card Review

Iberiabank’s Visa® Classic credit card is another exceptional card offer from the 122 year old subsidiary of Iberibank. This is a low APR card with rates as low as 6.25% APR. It is an ideal option for those who occasionally carry a small balance and have good to exceptional credit (similar requirements to the IBERIABANK Visa Platinum Card). If you’re looking for a credit card with rewards than this option may not be fitting, however, if you value low-apr’s and no annual fees, then this is one of the best cards on the market.

Getting Approved: To be approved for the Visa Classic Card by Iberiabank you will not only need proof of income but also proof of at least 2 years of continuous employment (along with a solid credit score).

Fees and APR: There are no annual fees associated with the Iberiabank Visa Classic card. If you plan to use this card as a balance transfer credit card you will incur a 0% introductory APR on transfers for your first 6 billing cycles. Note: this only applies to balance transfers completed during your first 90 days. There are no transaction fees for balance transfers. The APR is a variable one and sits between 6.25% and 8.25%, depending on credit history. If you plan to make cash advances with the card you will incur an APR of between 10.25% and 12.25%, based on credit history. The default rate is 22.00% for all balances so be sure to keep track of balance due dates by setting up alerts online. A transaction fee for cash advances applies at a rate of 5% of the amount, not to be less than $5 nor more than $100.

Late fees associated with card: $15 for balances under $100, $29 for balances between $100 and $1,000, and $35 for balances over $1,000. An “over the credit limit fee” is $35 and the returned check fee is $29. A 25 day grace period will be granted.

IBERIABANK Visa® Classic Credit Card – Quick Facts:

• No annual membership fee
• Low variable rate of 7.25%, 10.25%, or 13.25% (Prime + 4.00%, Prime + 7.00%, or Prime + 10.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00).
• Low Introductory APR on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
• Online access to credit card account information.

PLEASE NOTE – Refer to the date of this article for accuracy. Some rates and other information may have changed since this was written. Visit our Credit Card Comparison page for updated credit card information.

IBERIABANK Visa® Gold Credit Card Review

The Iberiabank Visa® Gold Card is a rewards card designed for those with good to excellent credit. It combines three favorable features for cardholders — cash back, low APR, and a low introductory rate for balance transfers. Unlike other IberiaBank credit cards, this comes with a 1% cash back rewards program (for qualifying purchases).

The IberiaBank credit cards, while desirable, are not for everyone. You must have your credit in-tact and have proof of employment for a certain amount of time.

IberiaBank Visa® Gold Card – Quick Facts:

• No annual membership fee
• Low variable rate of 9.25%, 12.25%, or 15.25% (Prime + 6.00%, Prime + 9.00%, or Prime + 12.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00).
• Low Introductory APR on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
• Earn 1% in cash back credit on all qualifying purchases
• No limit on cash back; no expiration date on eligibility for accounts in good standing
• Travel accident coverage up to $500,000
• Online access to credit card account information

PLEASE NOTE – Refer to the date of this article for accuracy. Some rates and other information may have changed since this was written. Visit our Credit Card Comparison page for updated credit card information.

IBERIABANK Visa® Platinum Card Review

IBERIABANK’s Visa® Platinum Card is a popular option for those with rock solid credit scores. It comes with one of the lowest APR’s in the industry as well as some very noteworthy rewards. The only real negative aspect of this credit card (when compared to all the other offers in it’s category) is that the design of the card is fairly simple and somewhat bland. However, this boring feature can be overlooked once weighed against the benefits and money-saving APR(s).

IBERIABANK Visa® Platinum Card facts:

• No annual membership fee
• Low variable rate of 9.25%, 12.25%, or 15.25% (Prime + 6.00%, Prime + 9.00%, or Prime + 12.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00).
• Low Introductory ARP on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
• Earn 1 bonus point for every $1 in qualifying net retail purchases
• Turn your points into hotel, gift, or experience rewards
• Travel accident coverage up to $1,000,000
• Online access to credit card account information

Use as a balance transfer credit card to help you save: If you are thinking about making a balance transfer to benefit from IberiaBank’s low APRs you will incur an industry low intro APR to help you save. Within the first six months of establishing an account, your APR will be 1.99% for balance transfers. After that, a reasonably low rate will established.

Use as a rewards credit card for free stuff and gifts! Your approval also entitles you to a fee-free automatic membership to what they call a “ScoreCard Bonus Point Program.” With it, you’ll earn one bonus point for every dollar you spend on purchases using your new IberiaBank Visa Platinum Rewards Card. Your earned points can then be redeemed for merchandise, hotel accommodations, travel, gourmet dinners and more.

PLEASE NOTE – Refer to the date of this article for accuracy. Some rates and other information may have changed since this was written. Visit our Credit Card Comparison page for updated credit card information.