First National Bank of Omaha Visa

Anonymous · ‎10-17-2014

Got this pre-approval letter today. Prime rate @3.25% permanently. No rewards, annual fee of $89.00. Seems like a great card to keep a balance on. I think this even beats Iberia Bank's best rate. Tempting..... thoughts?

Anonymous · ‎10-17-2014

@Anonymous wrote:
@Got this pre-approval letter today. Prime rate @3.25% permanently. No rewards, annual fee of $89.00. Seems like a great card to keep a balance on. I think this even beats Iberia Bank's best rate. Tempting..... thoughts?

A review (negative) of how the AF and the high BT fee impact the attractiveness

http://www.magnifymoney.com/blog/consumer-watchdog/first-national-bank-omaha-prime-for-life

Anonymous · ‎10-17-2014

Thanks LTL, good read.

wacdenney · ‎10-17-2014

The AF kindof takes the "free" out of the appeal of the free EX FICO also. Credit Unions are a great place to look for low APR cards if you need to carry a balance.

Anonymous · ‎10-17-2014

@Anonymous wrote:
@Anonymous wrote:
@Got this pre-approval letter today. Prime rate @3.25% permanently. No rewards, annual fee of $89.00. Seems like a great card to keep a balance on. I think this even beats Iberia Bank's best rate. Tempting..... thoughts?
A review (negative) of how the AF and the high BT fee impact the attractiveness

http://www.magnifymoney.com/blog/consumer-watchdog/first-national-bank-omaha-prime-for-life

No way they can do that rate permanently.

Gotta be variable w/prime

Anonymous · ‎10-18-2014

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Got this pre-approval letter today. Prime rate @3.25% permanently. No rewards, annual fee of $89.00. Seems like a great card to keep a balance on. I think this even beats Iberia Bank's best rate. Tempting..... thoughts?
A review (negative) of how the AF and the high BT fee impact the attractiveness

http://www.magnifymoney.com/blog/consumer-watchdog/first-national-bank-omaha-prime-for-life
No way they can do that rate permanently.
Gotta be variable w/prime

It is the prime rate, so is variable, The 3.25% is just the current value.

gh17 · ‎10-18-2014

I wouldn't do it, but it does seem tempting - that's a really low rate. You could contribute more to your 401k/investments instead of paying your card in full and would probably profit.