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New Member
Posts: 2
Registered: ‎05-01-2008
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Anyone have the 7.25% fixed APR card from Simmons Bank?

It's called the Simmons First Visa Platinum Card. How hard is it to get one of 'em? What do you think your credit rating would have to be?
Member
Posts: 8
Registered: ‎07-28-2008
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Re: Anyone have the 7.25% fixed APR card from Simmons Bank?

Simmons bank is HQ not far from me. I know of very few that have the card around here and most are well to do and can pay cash for most anything so I would think it would have to be fairly hard to get. My dad has one and he told me they sent him a nasty letter stating they didn't like their customers to pay over the balance on the card.
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Registered: ‎03-04-2008
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Re: Anyone have the 7.25% fixed APR card from Simmons Bank?



jamielr89 wrote:
It's called the Simmons First Visa Platinum Card. How hard is it to get one of 'em? What do you think your credit rating would have to be?


This is a uber-prime card and very difficult to get. You can obtain the application from their website and look at it. Unless you have 800ish scores, squeeky clean CBR's and a high income I wouldn't waste the inquiry.
Regular Contributor
Posts: 143
Registered: ‎10-09-2011
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Re: Anyone have the 7.25% fixed APR card from Simmons Bank?

From a USAToday article (about credit scores) dated October 14, 2011:

 

"...an alarming number of those polled also had wrong ideas about other types of information being included in the equation.

"For instance, 64% believe that income is a factor..."

 

http://www.usatoday.com/money/perfi/credit/story/2011-10-14/confusion-about-credit-scores/50773332/1

 

BTW, the Simmons First Visa Platinum is now a 7.25% variable rate (prime rate plus four), rather than a fixed rate.

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Posts: 28,098
Registered: ‎04-01-2007
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Re: Anyone have the 7.25% fixed APR card from Simmons Bank?

Hi, welcome to the forums!

 

You have just replied to a thread from 2008. :smileyhappy:

 

Nothing wrong with that, but you might want to check dates on threads that come up via the search function. (I wish they'd change that default...)

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Regular Contributor
Posts: 143
Registered: ‎10-09-2011
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Re: Anyone have the 7.25% fixed APR card from Simmons Bank?

There is not much information on this WWW forum about the Simmons First Visa Platinum credit card.  IMHO, some of the information in the post to which I replied (yes, I noticed the date) was incorrect.  I tried to improve the signal-to-noise ratio for anyone who may be seeking information about that credit card.

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Posts: 28,098
Registered: ‎04-01-2007
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Re: Anyone have the 7.25% fixed APR card from Simmons Bank?

Makes sense.

 

Are you actively trying for the card, or just improving "the signal-to-noise ratio for anyone who may be seeking information about that credit card"? In other words, are you actually thinking of applying for this card, and if so, could you share (in a very general and unidentified way) any info about your credit history that a potential lender might see?

 

We might be able to help you out a bit. :smileywink:

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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