IberiaBank is excited to announce that one of their cards, the IberiaBank Visa® Classic Card, was recently named one of the Top Low-Interest / Fees Cards of 2010 by Consumer Reports! After conducting a study in July of this year focusing on credit, Consumer Reports aimed to identify trends in the types of cards consumers were using and carrying … and using a credit card could save the day.
Amongst the cards that are most popular with consumers, there were three obvious winners:
- Cash Rewards Cards: Cash rewards credit cards earn consumers money back with every purchase they make. Consumers LIKE earning money back…cash is king, after all!
- Travel Rewards Cards: Next to a steady income, cardholders especially love taking vacations. Frequent travelers benefit the most from travel reward credit cards, which usually offer incentives and incremental miles earned with every purchase.
- Low Interest Rate Cards: The popularity of this category of card is almost self-explanatory. Low interest credit cards are extremely popular among consumers who are likely to carry a balance or to transfer a balance from a higher-rate card to one of these low interest rate cards.
Obviously, the cards with the lowest rates and the fewest hidden fees did the best in this category … and one of the low interest rate cards mentioned by name was the IberiaBank Visa® Classic Card!
Why the IberiaBank Visa® Classic Card is worth carrying:
Typically, if cards didn’t offer incentives and perks for spending money, consumers REALLY didn’t want using the card to cost them very much at all. The IberiaBank Visa® Classic Card does just that.
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