First Citizens Bank is one of the many institutions that offer
credit cards. However, before you go on that journey and apply,
let's review a few details. The grace period for First Citizens
cards is around '25' days. If you go over that cycle then you
will pay 'finance' charges. This is not uncommon, so therefore
we are looking good. The payments on new account statements
should be paid in full, otherwise the cardholder will roll over
to the next grace cycle, which will accumulate charges.
The card is like most cards, in that if you fail to make full
payment at the end of the grace period, then you will be charged
'financial' fees, APR, and your balance will roll over to the
next cycle, where this process will continue until you payoff
the credit card.
The cash advances on the First card are frightening, since it
appears that the financial rates are charged per day, until the
balance is paid in full. You might want to look more into this
if you are applying for a First Citizen Credit card. Bank is
offering Variable Cards, so you may want to ask the lender if
there are Fixed Rate cards available. The fixed rate cards
rarely won't increase the APR on the card, while the Variables
are subject to change at any giving time.
The bank explains that cardholders agreed to pay the dues on the
credit cards, which will include the "finance" fees. The bank
explains that the fees are multiplied by the cardholders
'average daily balance," and by each month on the APR and equals
up to '1/12' of the APR. The bank further advises that the APR
is based on standard codes, and can change at anytime. All APR
on purchases is currently at 12.00%, which is a good rate. The
card has a 'non-refundable' annual fee which is "$15.00." there
are fees that will apply to late payments, returns, credit limit
overrides, and researching.
While this card may have a few provisions, it would not be one
of the cards that I would choose at the start. If you are
looking for a credit card, it pays to review all bankcards and
the credit cards offered over the internet. The cards on the
internet require carefully consideration, because you are at
more risk. However, there are legitimate companies online that
offer low interest rates, and fees on credit cards. It makes
sense to compare each card and what the cards offer before
applying for a card.
Security Your security and confidentiality is important.
Therefore, you will need to visit secure sites if you are
applying online. The securest sites have the's' behind the http
in the search engine, while other secure sites have a lock and
key. If you apply and are accepted for a major credit card,
protect it as though it was your life. In all respects,
technically if you get a credit card it can determine the fate
of your life's course.
In other words, if you have a credit card and use it unwisely
you are subject to land in debt. Millions of people around the
world are filing bankruptcy or consolidating their bills. Don't
let this happen to you!
Cards Purpose The credit cards purpose is to offer you a line of
credit. You can use the credit wisely and stay free of debt, or
you can abuse the card and find more stress in your life than
you can handle. In addition, you must be careful where you put
your credit card, as well as be careful where you use your
credit card. If you use your card on an unsecured site, you
might find your self in court finding identity theft, if the
authorities are lucky enough to catch the culprit. Identity
theft predators are the worst time, and in many cases, the
predators are never caught. Some of the best crooks in the world
are identity thieves.
Finally, if you are looking for a credit card, the banks may be
wiser than going online, however use the Internet to learn more
about credit cards so that you have a weapon when you apply at
the banks.
About the author:
Tony Robinson is a careful and experienced credit card user, He
is also a Webmaster and International Author. Check out his
credit card tips at
http://www.ezy-credit-card.com/
