Low APR for purchases
The IberiaBank Visa® Classic Card features a low variable APR of 7.25%, 10.25% or 13.25%, depending on the consumer’s credit worthiness. While these don’t seem as “low” as the 0.0% introductory APR offers you might find with other cards, it’s still lower than what most cards charge in the post CARD Act of 2009 world.
Low Introductory APR for Balance Transfers
The IberiaBank Visa® Classic Card features a low 1.99% APR for 6 months for balance transfers. After that 6 months, the APR rises to the purchase APR, which is still not astronomically high.
Zero Annual Fee
The IberiaBank Visa® Classic Card has no Annual Membership fee. Consumers like this because the card itself doesn’t cost them anything. “Simplify, simplify” as the saying goes.