1st Financial Bank USA W Anchor Dr, Dakota Dunes

1st Financial Bank USA Reviews

• s

  scott barnett
  1

  Terrible card! I received this card fresh out of high school looking for a way to build my credit. I've had the card for almost seven years. The interest rate is ridiculous!! 30% I wish I had known better, it was lower at first but quickly jumped without notice. They have also added on an annual fee to my account that I wasn't warned of. I now have almost a $11,000 credit limit on this card. After having to use it for some medical bills for my child, my monthly payment quickly became less than the interest added to my account every month. This had my stuck in a place where my balance was never dropping. Thankfully I applied for a card balance transfer with a very reputable bank and will actually be able to pay the debt off now without having the insane interest rate.

• J

  Jimmy Bechtel
  1

  As with many of the other reviews on here - they are simply a company preying on people who need to build credit. I got this card when I was in high school as my first credit card. They had "0 interest" on any balance under 200 bucks which was perfect for me. Now that I am nearly 30 years old with excellent credit, they charge me 55 bucks a year for a card with 30% interest and no benefits. Look for another way to build your credit - I will be canceling!

• L

  Laura Kelley
  1

  As someone mentioned above I've also been with this credit card since high school (I'm now 34 years old). That's how I think they reel you in because you don't know better. I've never had a late payment in the entire time I've been with them, I've paid it off twice, and yet anytime I call them to lower the APR they say there's no way they can do it and it's staying at 27 percent and I can just deal with it. It's funny to me that the other cards I have that I am also in good standing with always find an option to lower my APR or cut something because I've been a long time customer. I just did a balance transfer with another one of my card companies that is far more reliable and now have this card only as a huge emergency card when I have no other options. This is the worst company ever. If you're in high school please don't let them rope you into this card because they sell it well, I speak from experience. There are other options for you for your first credit card. Talk to you parents, other banks, and friends who can help find out a better option. Been with them since 1999 and the only reason I keep it open is for emergencies now.

• S

  Sarah J
  1

  If you absolutely have to, you are able to use this card to build credit. The minute you're able to apply for a new card, do it. Customer service doesn't care to help on any issues or questions and the APR is unacceptable even if you don't plan on carrying a balance month to month. If an emergency comes along this is NOT the card that you want to be stuck with. I got a card with 1FB USA to start building my credit when I was 18. I have never missed or been late on a payment. My credit score is very good. Only recently have I carried a balance long enough to need to worry about interest, but somewhere along the way my APR was raised to 29.99% without me knowing. When I tried talking to customer service about lowering it I was told that every single customer (no matter their credit score) is given this insanely high interest rate. They were unwilling to work with me, offer any solutions, or explain why 6 years of loyalty and good credit means nothing to them. I have since opened a card with Chase (wonderful so far) and have transferred my balance so I don't have to give one more cent to such a terrible company.

• S

  Samuel Garcia
  4

  I've had this card the longest. Got it fresh out of high school about 7 years ago with an interest rate around 18% I think. Like pretty much everyone else on here, it was the only company that approved me and they started me with a limit of like $250. I've actually never had a negative experience with these people. My interest rate is now 16.5% apparently that's the lowest rate they have. Some years ago they sent paperwork notifying me about an annual fee and other changes but it gave the option to reject which I did. I don't pay an annual fee for this card and I rarely even use it. I do think they have really lame card design options. You have to send them a message and they send you paperwork and the available designs. I think it's cool that on balances under $260 there is no interest. This card also happens to have the lowest interest rate on cash withdrawals compared to my other credit cards. I believe it's either 16.5% or 18% I'd have to double check. Either way most other cards are like 25% interest on cash withdrawals if you use that. These are the only "perks" of this card. There are no rewards or incentives like other cards. I am grateful for the opportunity this company gave me as a kid. Just be responsible and don't overspend. Overall I don't love this card but I don't hate it. I keep it because it's my oldest card by far.

• R

  Richard Bostain
  4

  I feel like many people simply do not understand what this company is about. It's for new 18 year old individuals who want to start up credit. They accept those with zero credit history and start off with low limits that increase over time. This company is perfect for building and starting credit. As long as you're not reckless and never pay late or go over your limit, you will build strong credit. My score is 750 and I've had the card for only one year. It's a great starter card, seriously if you don't want them anymore just terminate and use your score that you built from them to apply for another card. This is a starter card, if you want to keep them go ahead.

• K

  Kha Hoang
  4

  This company is for people to establish credit, it's geared towards College freshman who has no credit. They accepted my son 3 years ago when no one else did, started with $300, I use the card to buy grocery and then pay it off every 2 weeks. After 6 months, my son's credit was increased to $500, I told my son to use it for emergency only while I work on his credit history. 1 year past, increased to $1000, 18 months, $2000, 24 months $4000, 30 months $5000. Even though he has this credit limit, we only use it for grocery only and pay it off. We then applied for Discover and Capital One, both was accepted, Discover $1500 and Capital One $2500. His credit started with nothing and now at 710. We will not use 1st Financial card since the interest is so high compared to Discover and Capital, but he will have it as an emergency card just in case, will use it for gas and pay it off. People are mad at this company because they misuse the card or does not understand the purpose of the card. It's credit creating type card, they are not going to lower your interest rate, they will however increase your limit and that in turn will increase your score. Use it wisely then when your score goes up, apply for better interest rated cards and keep 1st Financial as an emergency card.

• A

  Antonio Aguilera
  5

  So far so good. I am eighteen and am trying to establish credit, no one would accept me, not even my local bank that I've been a ember of for almost five years, which only has three branches. 1st Financial started me off with a $250 credit limit and a 0%APR for the first twelve months, after which it will go up to 30.19%. Because I plan on using the card for the sole purpose of building credit, and only charge what I an afford before interest is applied, the interest rate shouldn't be that big of a deal. I am grateful that after so much searching, I finally found a ban willing to give me a chance even if it is with a low credit limit and high APR.

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  Noah Westt
  5

  Amazing, first bank to start building your credit. If you have the cash and can pay in full at the end of the month, this card is for you. On another note if your planning on using this financial institute for emergencies and large expenses this bank is a definite "NO". The interests rate are high because most applicants are high risk. I don't blame them for being on top of their financial needs to keep their bank running. My advice, build your credit than apply at another financial institute with a lower interest rate. After all any balance that has to be paid later and over drafted to the next billing cycle indicates that you are not a good applicant for a credit card. A credit card should only be used if you know for certain that you'll have the money at hand when the amount is due. Be smart.

• B

  Brianna Burgess
  1

  This is the worst bank to get credit cards from. I'm not over reacting either. I received mail from them as soon as I graduated from high school and I thought it was going to be a good way to build my credit. Knowing nothing about credit cards I obviously had a high interest rate but that's the least of my problems with them. I had a late payment because they said I could use a fake check number even if I didn't have Checks it would still work and of course that wasn't true and Of course they took no ownership and made me pay the late fees this happen twice before I decided to just pay online and they called me 20 times a day even called my job which I never gave them permission to do. Even after I told them to stop calling my job they still continue too. Their employees are awful at customer service I do even speak to them anymore I always ask for the supervisor he has a little more sense but not much, overall I have not had not one good experience with them ever and will pay off my credit card and they already closed my account after like 3 late payments I would suggest Discover or Credit One for credit cards