topic Re: First Savings Bank in Credit Cards

First Savings Bank

LadyVee — Tue, 26 Jan 2016 03:22:24 GMT

I just received a preapproval in the mail for a credit card (MasterCard) from this bank. The terms were as follows: Up to $1,500 credit line, $75 annual fee & 29.9% interest. Needless to say I did not accept this offer at all. As a matter of fact I have never even heard of this bank anyway. Has anyone else heard of or has experience with them?

Re: First Savings Bank

Anonymous — Tue, 26 Jan 2016 03:26:03 GMT

I cringed when I first started reading your post. I'm so glad didn't take it. I don't recall ever hearing of them. If I ever did receive anything from them, I'm sure I promply tossed it and forgot it.

Re: First Savings Bank

Anonymous — Tue, 26 Jan 2016 03:46:54 GMT

Yes it was my first rebuilder card. In fact I still have it. I mean high apr and annual fee but never had an issue with them.

Re: First Savings Bank

CH-7-Mission-Accomplished — Tue, 26 Jan 2016 04:23:07 GMT

I have been bombarded by their offers. I assumed they were like Credit One or First Premier. I did not take them up on their offer. Glad to hear they aren't too slimey.

Re: First Savings Bank

SLO805 — Tue, 26 Jan 2016 04:26:12 GMT

i've got two and a blaze (same terms limit and annual fee lol) since last week. I opened an Amex and BofA BBR card w higher limits and no annual fees lol.

shredded their offers btw

Re: First Savings Bank

LadyVee — Tue, 26 Jan 2016 14:03:50 GMT

My scores aren't high enough yet so I'm still prey to the predatory lenders I guess. It's cool though I know that I'm headed in the right direction so I definitely won't take any crappy offers.

Re: First Savings Bank

Dalmus — Tue, 26 Jan 2016 16:51:16 GMT

@LadyVee wrote:
My scores aren't high enough yet so I'm still prey to the predatory lenders I guess. It's cool though I know that I'm headed in the right direction so I definitely won't take any crappy offers.

If the scores in your sig are accurate, you should be able to get some starter CapitalOne or MAYBE even a Barclay Rewards. Use the CapitalOne and Barclay pre-approval tool and see if you qualify for anything before you apply... but unless you have a lot of recent baddies, my money is on you getting at least one from the above banks. Why is your EQ so much lower than the other two?

First Savings bank is a good rebuilder card... Better than CreditOne or First Premier by far. If you pay in full, the APR doesn't matter. But the annual fee is a bit steep.

But not as steep as a First Premier or CreditOne that bill you a month access fee on TOP of the annual fee!

Re: First Savings Bank

LadyVee — Tue, 26 Jan 2016 20:07:06 GMT

I already have 2 CapOne cards (QS & QS1) but I don't have Barclay. I tried for them back in June and was denied even after recon.

Re: First Savings Bank

LadyVee — Tue, 26 Jan 2016 20:08:10 GMT

Oh and as far as the EQ score, I have no idea why that one is so much lower than the others. It has the same baddies as my others.

Re: First Savings Bank

Anonymous — Tue, 26 Jan 2016 21:07:53 GMT

Never heard of them. Awful terms too.

Re: First Savings Bank

Anonymous — Tue, 26 Jan 2016 22:48:08 GMT

A sub prime lender, terrible terms!

Re: First Savings Bank

designated_knitter — Wed, 27 Jan 2016 23:29:01 GMT

Have them... hate them... didn't know they were sub-prime when I applied and should have cancelled when I saw the credit limit. Talked to them and they said they would raise it after 6 months -- didn't happen even though I paid religously. Oh, and you are limited to 2 payments per month so even if you have such a low limit and want to "free up some air", you can't just keep paying it off throughout the month like Cap1.

Re: First Savings Bank

LadyVee — Thu, 28 Jan 2016 02:47:34 GMT

Oh wow ... Now that is crazy to limit how many times you can pay! Sooo glad I inquired about them before even considering their offer. You have to get rid of them as soon as you can because there are much better cards out there.