Simmons First Visa Platinum
- This card is best for consumers with excellent credit who revolve a balance and do not need a high credit limit.
- Intro APR
- 7.25%
- Regular APR
- 7.25%
- Intro APR Period
- life of balance
- Credit Score
Excellent
- Card Category
- Low Interest
Credit Type
Required Score
Excellent Credit
750 — 850
Good Credit
690 — 749
Fair Credit
640 — 689
Poor Credit
Poor
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Credit Card Review
by Card Expert Curtis ArnoldThis is a great low-interest credit card, with one of the lowest APRs in the nation. Simmons offers consumer-friendly terms and still offers no fee balance transfers, which is very rare these days. There is also no annual fee. There is a downside, however. Simmons is not known for giving high credit limits, and they have stricter underwriting than many other issuers. The consumer's credit rating must be top notch.
Simmons First Visa Platinum Details
Card Issued By:
Simmons
General Correspondence Address:
PO Box 7836 Pine Bluff AR 71611
Card Type:
Visa
Card Class:
Signature
Card Category:
Low Interest
States Available In:
ALL
Minimum Credit Limit:
Maximum Credit Limit:
Credit Limit Notes:
Credit Card Rate Information
Purchase
Balance Transfer
Cash Advance
Index:
Prime
Prime
Prime
Margin:
4
4
8
Standard APR:
7.25%
7.25% Variable
11.25% Variable
Standard APR Floor:
None
None
None
Introductory Rate:
7.25%
7.25%
None
Introductory Period:
life of balance
life of balance
None
Finance Calculation Method:
Average Daily Balance
Purchase Grace Period:
25 days
Default/Penalty APR:
N/A.
Default/Penalty Margin:
N/A
Default/Penalty APR Floor:
None
Maximum Default APR:
N/A
Penalty/Default Trigger:
N/A
Credit Card Fee Information
Annual Fee:
None
Foreign Transaction Fee:
2%
Late Fee:
$25 min.. An amount equal to past due payment or $25.00, whichever is less.
Over-the-limit Fee:
N/A
Balance Transfer Fee:
Cash Advance Fee:
3% ($4 min. - $50 max.)
Rebates/Notes
Rebate Description:
Special Notes:
Consumer friendly credit card with a great low rate of 7.25% and save on interest charges. No balance transfer fees and no annual fee.
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