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10 Benefits of Having a First Savings Credit Card

First Savings Bank has been offering interested individuals a wide range of financial products from South Dakota for a long, long time. After all, it started up in 1913, which should serve to provide interested individuals with some assurance that it understands its business and that it understands its business well. Due to this, interested individuals might want to look into First Savings credit cards to see whether said products are suitable for them or not. Here are 10 benefits of having a First Savings credit card:

1. Convenience

Having a credit card offers consumers a lot of convenience. This is because using a credit card is simple and straightforward with minimal fuss and hassle, which can prove rather important when it comes to bigger purchases. For that matter, it should be noted that credit cards make online shopping much more convenient as well.

2. Security

Credit card fraud is a common fear in modern times for excellent reasons. However, it is important to remember that credit cards come with protections meant to shield their users from that precise problem, meaning that it isn't as bad as it might seem on initial consideration. Of course, First Savings credit cards are no exception to this rule.

3. Availability of Funds

One of the biggest upsides to credit cards is that they are a form of revolving credit. Essentially, this means that their users can borrow up to a pre-determined limit at a time as well as a place of their choosing, thus eliminating the need for them to send in a new application whenever they have a need for new funding. Suffice to say that this saves a lot of time in the long run.

4. Widespread Acceptance

Naturally, First Savings credit cards are accepted by a wide range of vendors, meaning that interested individuals don't need to fear about being stuck somewhere with a credit card that they can't use. This can seem silly, but this is a legitimate concern because some credit cards have very limited lists of vendors that will take them.

5. Credit Building

By making sensible use of their credit cards as well as making sure to make their payments on time each month, credit card users can build up a reputation of creditworthiness, which will be reflected by their credit scores. This can have a profound impact on their future because their credit score will determine their access to financial products as well as the conditions for those financial products.

6. Options

First Savings offers a number of credit cards instead of forcing interested individuals to choose the same option. Of course, each one comes with its own particular features and conditions, meaning that combined, they offer interested individuals a better chance of getting exactly what they want.

7. Simple to Understand Costs

Speaking of which, First Savings makes the fees, interest charges, and other costs of their credit cards very clear to interested individuals. As a result, consumers should have no problems understanding what their credit card use will cost them.

8. Willingness to Consider Poorer Credit Histories

It is interesting to note that First Savings is willing to look at consumers with poor credit histories, which can often block people from getting a wide range of financial products that include but are certainly not limited to credit cards. Granted, there are secured credit cards out there for that particular problem, but First Savings stands out in that it is willing to consider issuing unsecured credit cards as well.

9. Some Credit Cards Have Lower Costs

Some of First Savings's credit cards have lower costs, which can be very suitable for people who like having credit cards but want to minimize their costs as well. For instance, there is one credit card with no annual fee. Likewise, some credit cards have better interest rates for purchases than others.

10. Trusted Issuer

Generally speaking, it seems clear that First Savings is a credit card issuer that consumers can trust. In part, this is because it has been in business for more than a 100 years, which suggests a considerable degree of competence on its part. However, it should also be noted that it has taken a proactive approach to complaints directed towards it on the Better Business Bureau's website, which speaks well of its consideration for its customers.

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Garrett Parker

Written by Garrett Parker

Garrett by trade is a personal finance freelance writer and journalist. With over 10 years experience he's covered businesses, CEOs, and investments. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world.

Read more posts by Garrett Parker

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