Friday, September 15, 2006

Visa Credit Cards

The comparison of card is based on certain components such as APR, cash back rewards, cash advance, paying off balance monthly and or carrying balance on amounts owed.
As such the top three Visa credit cards comparison will base on what criteria is used.
However if cash advance was used another set would be tops.

The top three Visa credit cards based on paying off balance monthly were:
• Simmons First National Bank • SunTrust Bank • Farmers and Mechanics Bank

The Visa credit cards were rated on:
• Purchase APR • Annual Fees • Late fees • Over limit fees • Grace period • Cash advance APR • Fees and conditions.

Simmons and SunTrust are personal platinum cards. While Farmers and Mechanics Bank is a personal classic. Cash advance APR was also fixed at 12.95%. It was also interesting to note that many other Visa cards in the same category had longer grace periods.

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