Simmons First Bank: Visa Platinum 7.25%

On line at: https://www.simmonsfirst.com/personal_banking/credit_cards/vp_notes.aspx
Toll free: 800 272 2102

• 7.25% variable rate (prime plus 4%)
• No balance transfer fee
• No annual fee
• Car rental coverage
• No charge travel accident insurance
• Skip the payment protection they’re trying to sell (Fighting Back! Page 121)

If you want to become credit card debt free, get a charge card instead.

American Express Green Card

On line at: https://www304.americanexpress.com/credit-card/green/25330
Toll free: 800 243 3888

• ZERO INTEREST because you have to pay the balance in full each month! (Fighting Back! Page 108)
• $95 annual fee (free the first year), but maybe it’ll be an investment not never again pay hundreds of dollars in interest. The one-step-up Gold card has a $125 annual fee but may be worth the extra perks, points and no charge insurance & travel coverage for you.
• Membership reward points that can be transferred to a large number of airlines or guest programs or used for gift cards or merchandise and never expire.
• Baggage insurance, roadside assistance, 24 hour hotline & car rental coverage. Cool feature is that the card also doubles the manufacturer’s warranty on most purchases.

• Never take advantage of any balance transfer offers until you have the card, the rate, and the limit! (Fighting Back! Page 72)
• If you already have two credit cards, number three won’t improve your credit score unless you get and keep the balances below 20% on each of them. (Fighting Back! Page 71)
• The rates for the credit cards are based on “excellent credit.” What that means – they won’t tell you and it’s not disclosed on their application or site. You likely won’t get it with a score of less than 720, and it make take a 750 to get that base rate.
• The American Express card is a charge-card with the supposed “no preset spending limit.” It has implications on your credit score that you need to understand! (Fighting Back! Page
• These are a recommendation only as two good cards to start your comparison shopping for a new card. First click on the disclosure and understand all the details before you apply.