Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Alene Laney, MoneyGeekGiven its low variable APR, the Simmons Visa® is the ideal card for those who want to consolidate their debts or pay for large purchases over time. It also is great for those with good credit who frequently carry a balance and want lower interest rates.
- Brittney Myers, The AscentThe low ongoing APR is what makes the Simmons Visa® worth a look, especially if you regularly find yourself paying interest on your purchases. The card's introductory balance transfer offer may also appeal to some potential cardholders. But anyone with the excellent credit needed to qualify for a Si...
- Chauncey Crail, ForbesFor those who need a medium-length balance transfer card with a lower APR for the just-in-case and not much else, this card will do the job. It’s not flashy, it’s not fancy and it doesn’t earn rewards, so we don’t recommend it for spending or anything else, really.
- Dawn Papandrea, Michael Rosenston, The BalanceIf you’ve got excellent credit and don’t pay off your credit card bills in full each month, a low-interest card is the way to go. And with a variable APR of 10.25%-18.25%, the Simmons Visa Card is one of the best you’ll find.
- Christina Majaski, MyBankTrackerThis card is best for those who typically carry balances from month to month and should rely more on a low-interest, low-fee credit card than cards that include extra rewards or benefits. Also, if you are currently working on paying down a balance on a credit card with a high APR, you can break free...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
15% ‐ 23% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
15% ‐ 23% (Variable) (0% for the first 12 months) - Intro rate applies on balances transferred within the first 60 days of account opening. - This APR will vary with the market based on the Prime Rate. |
| Cash Advance Interest Rate |
19% ‐ 27% (Variable) This APR will vary with the market based on the Prime Rate. |
| Rates & Fees | |
| Annual Fee | $0.00 |
| Balance Transfer Fee |
$0.00 During the promotional period: either $10.00 or 3% of the amount of each balance transfer, whichever is greater. After the promotional period: $0. |
| Cash Advance Fee |
3% Minimum of $4 |
| Foreign Transaction Fee |
2% Of each transaction in U.S. dollars. |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
$39.00 Maximum |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| All Purchases | No |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| Car Rental Discount | No |
| Extended Warranty | No |
| Purchase Protection | No |
| Zero Liability | No |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | No |
| Price Protection | No |
| Fraud Protection | No |
| Free Credit Scores | No |
| Wireless Payments | No |
| Virtual Cards | No |
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.
Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.
Use this card?
Help inform others by sharing your experience with Simmons Visa®