The Continental Finance Gold MasterCard®, issued by First Bank of Delaware, is a credit card designed for those with poor credit who would like a second chance.
The main benefit of this unsecured credit card is that it reports to credit bureaus. This is a rare opportunity for those with poor credit who would otherwise only qualify for secured or prepaid cards, which often do not report to credit bureaus or charge fees to report to credit bureaus.
This card has a very low APR of 9.75%, and it has an average annual fee of $25. It also charges a monthly maintenance fee of $12 ($144 per year). However, the monthly maintenance fee is waived for the first month. There is a one-time account processing fee of $200. This means that the total amount of fees that a cardholder can expect to pay in the first year will be $357.
Cardholders will also receive free online access, excellent online tools for managing their finances, and semi-annual credit limit increases.
Therefore, those who want a second chance with their credit, do not mind paying the various fees, and would prefer an unsecured credit card may find the Continental Finance Gold MasterCard® to be beneficial.
This review was updated 2008-04-23T00:00:00.0000000-07:00
| Type Of Rewards: |
n/app |
| Reward Program Optional: |
n/app |
|
Optional programs may have a fee. See Terms and
Conditions for details. |
For Cards with Cash Back Incentives
| Lowest Possible Rebate: |
n/app |
| Highest Possible Rebate: |
n/app |
| Additional Rebates: |
n/app |
| Rebate Details: |
n/app |
For Cards with Point Incentives
| Points Per Dollar Spent: |
n/app |
| Additional Points: |
n/app |
| Point Details: |
n/app |
For Cards with Airline Incentives
| Miles Per Dollar Spent: |
n/app |
| Additional Miles: |
n/app |
| Program Details: |
n/app |
Rewards Expiration Period: n/app
Annual Limit: n/app
Additional Credit Card Perks
Various Internet account related services.
Access to semi-annual credit limit increases.
See website for additional benefits.
Special Notations about the Continental Finance Gold MasterCard®
***There is a one-time account processing fee of $200.
****The monthly maintenance fee of $12 is waived for the first month.
There is a $35 fee for returned payments.
There is a $25 fee for credit limit increases.
There is a $4 fee for Internet payments.
See website for complete terms and conditions of card usage and application disclosure.
Always read the credit card's
Terms and
Conditions before applying!
