Pulask Bank Credit Card Reviews
author: NightStar
Posted: Sun Nov 16, 2003 6:16 pm
Post subject: Pulask Bank Credit Card Reviews
http://www.pulaskibank.com/index2.cfm
VISA Classic and Standard MasterCard Account / Gold MasterCard Account
Annual Percentage Rate for Purchases and Cash Advances:
4.75%
Annual Percentage Rate for Balance Transfers:
0% APR for 6 billing periods from the posting date of the balance transfer check *
Other APRs:
Default APR:
18% on all balances **
Grace Period for Repayment of Balances for Purchases:
You have 25 days to repay your balance for purchases before a finance charge on purchases will be imposed. If the new balance is not paid in full within 25 days, a finance charge will apply to both the balance remaining (including current billing cycle transactions) and to all transactions during succeeding billing cycles until the new balance is paid in full.
Method of Computing the Balance for Purchases:
Average daily balance method (including current transactions). The finance charge for a billing cycle is computed by applying the "Monthly Periodic Rate" to the average daily balance of Credit Purchases, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. To get the "Monthly Periodic Rate" applicable to the current billing cycle, the APR in effect is divided by 12. Each daily balance of Credit Purchases is determined by adding to the outstanding unpaid balance of Credit Purchases at the beginning of the billing cycle any new Credit Purchases made on your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid Finance Charges.
Annual Fees:
$35.00 for VISA Classic and Standard MasterCard Account
$50.00 for Gold MasterCard Account
Minimum Finance Charge:
$1.00
Transaction Fee for Purchases:
NONE
Transaction Fee for Balance Transfers:
NONE
Transaction Fee for Cash Advances
Advances and Other Fees:
Cash Advance Fee:
None
Late Payment Fee:
$29.00
Over-the-Credit-Limit Fee:
$29.00
Insufficient Check Fee:
$29.00
*Your ANNUAL PERCENTAGE RATE (APR) for balance transfers processed within three months of your account open date, will be zero percent (0%) for the first six billing periods from the posting date of the balance transfer check. When your six billing periods have expired, the regular purchase rate will apply. If at the end of a billing period your minimum payment from any preceding billing period remains due and unpaid, the APR will be billed at eighteen percent (18%) per annum (Monthly Periodic Rate of 1.5%), and will stay at that rate until the account is brought to a current status. In that event, any introductory/special rate on balance transfers will terminate. When the account is brought current, the regular purchase rate will apply.
**If at the end of your billing period your minimum payment from any preceding billing period remains due and unpaid, the ANNUAL PERCENTAGE RATE (APR) will be billed at eighteen percent (18%) per annum (Monthly Periodic Rate of 1.5%) and will stay at that rate until the account is brought to a current status.
The above disclosures are accurate at the date of printing (08/2003). Pulaski Bank has the power to change the annual percentage rate upon 15 days' written notice to the cardholder. The annual percentage rate will never be more then the maximum rate permitted by applicable law. Because rate and terms are subject to change, you may contact us for current information by writting to: Pulaski Bank & Trust Company PO Box 7500 Little Rock, AR 72217-7500
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: NightStar
Posted: Sun Nov 16, 2003 7:03 pm
Post subject: Pulask Bank Credit Card Reviews
I know Pulaski Bank looks tempting - it was one on my wish list - this is not an easy card to get. This company has underwriting requirements (and they will deem what your appropriate over-all credit limits should be and extend credit in respect to how much you have left.
Example if you make $20,000 per year and they deem $2,000 to be allowable, then if you already have one card with a $1,500 credit limit - and they approve you - then all that you will get from them is $500 difference.
Also concern in their policy of selling accounts to other lenders, and the fear that you get transferred out with a forced change in interest rate terms then what you got inititally through them.
*** This company pulls through TransUnion for approval.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Sun Nov 16, 2003 6:16 pm
Post subject: Pulask Bank Credit Card Reviews
http://www.pulaskibank.com/index2.cfm
VISA Classic and Standard MasterCard Account / Gold MasterCard Account
Annual Percentage Rate for Purchases and Cash Advances:
4.75%
Annual Percentage Rate for Balance Transfers:
0% APR for 6 billing periods from the posting date of the balance transfer check *
Other APRs:
Default APR:
18% on all balances **
Grace Period for Repayment of Balances for Purchases:
You have 25 days to repay your balance for purchases before a finance charge on purchases will be imposed. If the new balance is not paid in full within 25 days, a finance charge will apply to both the balance remaining (including current billing cycle transactions) and to all transactions during succeeding billing cycles until the new balance is paid in full.
Method of Computing the Balance for Purchases:
Average daily balance method (including current transactions). The finance charge for a billing cycle is computed by applying the "Monthly Periodic Rate" to the average daily balance of Credit Purchases, which is determined by dividing the sum of the daily balances during the billing cycle by the number of days in the cycle. To get the "Monthly Periodic Rate" applicable to the current billing cycle, the APR in effect is divided by 12. Each daily balance of Credit Purchases is determined by adding to the outstanding unpaid balance of Credit Purchases at the beginning of the billing cycle any new Credit Purchases made on your account, and subtracting any payments as received and credits as posted to your account, but excluding any unpaid Finance Charges.
Annual Fees:
$35.00 for VISA Classic and Standard MasterCard Account
$50.00 for Gold MasterCard Account
Minimum Finance Charge:
$1.00
Transaction Fee for Purchases:
NONE
Transaction Fee for Balance Transfers:
NONE
Transaction Fee for Cash Advances
Advances and Other Fees:
Cash Advance Fee:
None
Late Payment Fee:
$29.00
Over-the-Credit-Limit Fee:
$29.00
Insufficient Check Fee:
$29.00
*Your ANNUAL PERCENTAGE RATE (APR) for balance transfers processed within three months of your account open date, will be zero percent (0%) for the first six billing periods from the posting date of the balance transfer check. When your six billing periods have expired, the regular purchase rate will apply. If at the end of a billing period your minimum payment from any preceding billing period remains due and unpaid, the APR will be billed at eighteen percent (18%) per annum (Monthly Periodic Rate of 1.5%), and will stay at that rate until the account is brought to a current status. In that event, any introductory/special rate on balance transfers will terminate. When the account is brought current, the regular purchase rate will apply.
**If at the end of your billing period your minimum payment from any preceding billing period remains due and unpaid, the ANNUAL PERCENTAGE RATE (APR) will be billed at eighteen percent (18%) per annum (Monthly Periodic Rate of 1.5%) and will stay at that rate until the account is brought to a current status.
The above disclosures are accurate at the date of printing (08/2003). Pulaski Bank has the power to change the annual percentage rate upon 15 days' written notice to the cardholder. The annual percentage rate will never be more then the maximum rate permitted by applicable law. Because rate and terms are subject to change, you may contact us for current information by writting to: Pulaski Bank & Trust Company PO Box 7500 Little Rock, AR 72217-7500
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: NightStar
Posted: Sun Nov 16, 2003 7:03 pm
Post subject: Pulask Bank Credit Card Reviews
I know Pulaski Bank looks tempting - it was one on my wish list - this is not an easy card to get. This company has underwriting requirements (and they will deem what your appropriate over-all credit limits should be and extend credit in respect to how much you have left.
Example if you make $20,000 per year and they deem $2,000 to be allowable, then if you already have one card with a $1,500 credit limit - and they approve you - then all that you will get from them is $500 difference.
Also concern in their policy of selling accounts to other lenders, and the fear that you get transferred out with a forced change in interest rate terms then what you got inititally through them.
*** This company pulls through TransUnion for approval.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 11:50 AM
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