Good Day All, I would like to share my review with you about the Simmons First Visa Platinum Card. I applied for this card about 3 to 4 years ago and got declined. Reasoned being I had too many outstanding loans. Since then I have paid off those loans and built up my score even more. I just applied for this card this afternoon and good approved online instantly. They pulled TU 785. This card used to have a fix rate of 7.25% but recently changed to a variable rate. But still has the lowest APR in the country. The only other card to have a lower APR than this is Pulaski/Iberia Bank at 6.5% but that card has a $35 a year annual fee. This card has no annual fee. It says I will receive a letter in the mail in about 7-10 days discussing my credit line. Also, this credit card has no Balance Transfer Fees.
Comment Title: Re: Wait & You Shall Recieve From Wandereron 2011-02-16
Congratulations! Feels good being approved for a quality bank credit card. Great credit scores. You have done your credit work!
Comment Title: Re: Wait & You Shall Recieve From ColoNativeon 2011-02-16
Congrats on your approval, I've been hearing a lot about this card lately, nice to see a review here about it.
Comment Title: Re: Wait & You Shall Recieve From KIEJON9on 2011-02-17
Comment Title: Re: Wait & You Shall Recieve From Jpr0204on 2011-02-23
*UPDATE* 02/23/2011 - Well, I received a letter in the mail last night requesting that I send in a copy of my most recent pay stub showing year to date earnings and also to send in verification of other income which would be my fiancees' income. Never had to do this before whith any other credit card offer. Will post another comment once I hear something back from the bank.
Comment Title: Re: Wait & You Shall Recieve From Jpr0204on 2011-03-08
*** UPDATE - 03/08/11 *** - Well, I received my new card last night. The credit line was only $1,500 but, this small independent banks are not known for giving high credit lines as they want to protect their assets. These much smaller banks cannot afford to take a hit say such as Citi etc...
Thanks for the compliment. But I do not have a financial background really, well not in credit management. However there are several members on here that are, and they give great advice by the way. I...
Personal loans are typically harder to obtain, especially ones with no collateral. It's very hard to get one from any of the major banks. You might talk to a local credit union and ask them what your...