Review of American Pacific Bank Visa Classic



The American Pacific Bank Visa Classic was last reviewed on : 8th March 2005

Summary - The American Pacific Bank Visa Classic can only be applied by residents of Idaho, Oregan and Washington. There are no rewards for this credit card.

The annual fee is $18.00 and the APR is a fixed rate at 16.92%. The American Pacific Bank Visa gives a 25 day grace period and uses the average daily balance method (including new purchase) of calculating balances.

American Pacific Bank also states clearly and comprehensively on their website the criteria for one to apply for this credit card. Amongst them is a minimum income of $12,000, Debt to income ratio of no more than 40%, no bankruptcy, foreclosure and a few more critierias.

The American Pacific Bank Visa Classic will suit those looking for a basic visa card. Howeer, if you are among those that pay your credit card bills fully every month, then you should consider either reward credit cards or cash rebate credit cards.

Positives
  • Low annual fee
  • 25 day grace period


Negatives
  • High APR


American Pacific Bank Visa Classic
Min Gross Income $12,000
Cost/Fees/Interest rates
Annual Fees $18.00
Purchase APR Fixed 16.92%
Grace Period 25 days
Balance Calculation Method Average Daily Balance (including new purchases)
Cash Advance fee 3% min $5.00
Over-the-credit-limit fee $25.00
Late Payment fee $25.00


See other American Pacific Bank credit cards

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