Regular Contributor
Posts: 180
Registered: ‎05-01-2009

First Command Bank Changes Rate/Adds Some Fees

My dream card, First Command Bank Platinum Visa, 4.25%, no fees whatsoever is changing some terms, effective October 1, 2009:

  • Rate will still be 1% + Prime, but not less than 7.25%
  • Cash Advance Fees are now in play
  • Late Payment Fees are now in play


Although I hadn't planned on carrying a balance, knowing I had one of the lowest rates was a comfort.


I would surmise that this was a global change--if others were affected too, please chime in.


I am hoping my Simmons First Platinum Visa stays fixed @ 7.25%!

Starting Score: TU 766 EQ 788
Current Score: TU 788 EQ 811
Goal Score: TU 800 EQ 800

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