The First Savings Credit Card is a great card for people who are looking for ways to build up their credit history. Before initiating the process of signing up for the credit card, there are a few things that you should be aware of beforehand.
1. Why First Savings Credit Card?
Before getting into the details, you should be aware of the fact that First Saving Credit Card is not any store’s card. In fact, it is Master Card that can be utilized in any place where Master Card is accepted.
1.1.How First Saving Credit Card Works?
The working of the First Saving Credit Card is simple at best. The individuals having this card in their possession can opt to get this card charged for their purchased goods instead of paying cash on the spot. Its APR stands at 29.99% with late fees penalty of $25. Furthermore, it has an annual fee of $75.
1.2.The Benefits and Limitations of First Saving Credit Card
Certain benefits can be enjoyed by the individuals opting for the First Saving Credit Card. Also, there are some limitations as well.
Following are the benefits that can be enjoyed by the individuals;
- There are no hidden charges.
- Zero penalty APR.
- Coverage of fraud for stolen or lost cards.
- Easy and secure access to the online account.
- Individuals cannot apply for the card on their own.
- 3% is charged on every advance or a minimum of $5.
|Telephone||Customer Support – 888-469-0291|
|Mailing Address||Correspondence Address: First Savings Credit Card PO Box 5019 Sioux Falls, SD 57117-5019 Payment Address: First Savings Credit Card PO Box 2509 Omaha, NE 68103-2509|
|Annual Fee||$0.00 / year|
|Cardmember Agreement||Click here to view the PDF file|
|Cash Advance APR||15.6%|
|Cash Advance Fee||$5.00|
|Late Payment Fee||$10.00 each time payment is late.|
2. How to Apply for First Savings Credit Card
The application process of the First Saving Credit Card is extremely different from a normal credit card. The application for the First Saving Credit Card does not depend on the individual rather it all depends on the bank that issues the credit card.
2.1 The Application Process
As mentioned above, this process depends entirely on the bank issuing the card. The First Saving Bank inquires the individuals’ credit and bank information from the credit bureaus. The information provided contains the individual’s name and address. It is also ensured from the bank’s end that the specific individuals meet their minimum credit criteria.
Till now, there is no way through which the willing individual could apply for First Saving Credit Card as the individuals are pre-screened by the bank. The selected individuals would receive the application letter in their mailbox.
Keep in mind that throughout all this process; the individuals remain unaware of their selection by the bank. To accept their offer, the individuals need to enter the;
- Reservation number
- Access code
Both of these can be found in the received letter. After verifying your email address and filling in the remaining information in the acceptance form, you would have successfully accepted their offer of issuing you your First Saving Credit Card.
2.2 The Activation Process
Following the issuance of the First Saving Credit Card by the bank, those particular individuals can move on to the next step of activating their card and registering for access to the online account.
For the activation process, the individuals will be asked to enter the following information;
- Account number
- Expiration date
- Card security code
- Last four digits of Social Security Number
By the end of this step, you will have an activated First Saving Credit Card. Moreover, you will be allowed to create your account by providing the relevant information.
3. How to Login with First Saving Credit Card?
3.1 How to Login?
The login process is extremely convenient if all the steps mentioned above have been taken care of without any trouble. Moving on, for the effective login, the individuals would be required to enter the following information;
3.2 What to do if I forgot my User ID or lost my First Saving Credit Card?
In the unfortunate event of forgetting your user ID or password, then there is no need to worry as it can be retrieved within a few minutes. For successful retrieval, you would be asked to provide the following information;
- Account number
- Expiration date
- Card security code
- Social Security Number
After the spaces have been filled with the valid information, you will be given access to your account in no time. Furthermore, if you have lost your First Saving Credit Card, or you detect some unusual financial activity, quickly inform the concerned department at 888-469-0291. Follow up this process with a written letter stating your concerns.
4. Most Popular FAQs
The FAQs section of the First Saving official website has gathered the most useful and general questions that have been asked by the public on more than one occasion. So if you have some questions regarding the working of the First Saving Credit Card, then you should visit their website as they contain relevant information regarding the paperless statement, security measures, and other account related information.
5. How to Cancel Your First Savings Credit Card?
Before initiating the process, the particular individuals need to make sure that cancelling their credit card would not hurt their credit limit. Also, they have to ensure that they have no remaining balance on their First Saving Credit Card. After this step, it is necessary to write to the address on your monthly statements and include within the letter, the First Saving Credit Card, cut in half. After receiving the letter and the other contents, the account will be suspended.
6. First Saving Credit Card Reviews
The First Saving Credit Card scheme has left tons of people fuming, judging from the fact that no one on any reviewing platforms left good words about its working. Many of the people complained about the high amount of APR and the petty credit limit which the bank refuses to increase. Furthermore, other consumers have called this company a fraud because they keep sending card bills to people who have no history of utilizing this card.
Many people might consider the First Saving Credit Card a scam or a fraud because they don’t provide any address or list a few phone number, but they can be good cards if used properly. The good thing about First Saving Credit Card is that it is a Master Card so it can be accepted almost everywhere. The APR amount is excessively high along with the late fees penalty, but the provided benefits are worth a try.