If you or a family member gets an offer from First Financial Bank USA, then do the smart thing and shred or burn it. To promote their credit cards, they advertise that the first $250 will be interest free. But what they do not tell you is that if you hold a balance, then they will start charging a monthly service fee of $2.50. The effective annual interest rate is essentially a minimum of 12%. Even if you hold a balance below the $250, you will still be charged a monthly fee for holding a balance. If it is over the $250, then you will be charged an interest fee as well with the minimum fee being $1.00.
Now lets say you want to pay your bill, most of us do. Online payment will cost you $9.00 a pop. As a college age kid I pay everything but rent online. The good thing about mailing your payment in is that you get the chance to earn late fees of $39.00.
The good thing about late fees is that you get an increase of your limit. You become a riskier investment and what do they do? Give you more credit and take more risk.
False advertising and fees for online payments make it obvious that this card is a scam. It's a lot like those cards with Annual fees, Setup fees, anc Acceptance fees. And just like those other cards, Credit Cards from First Financial Bank USA should be avoided. I hope this information helps you in your credit search. Thank you and have a nice day.
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