Providian Credit Cards
Providian credit cards are fairly easy to obtain, have a 0% introductory APR
(interest rate), no annual fee, $0 liability on unauthorized purchases, and a
credit line of up to $15,000. They offer balance transfers and cash advances
for a fee, of course. You can also choose your card design from a handful of
patriotic or basic looks. Overall, Providian credit cards are similar to most
credit cards.
Fine Print to be Aware of
Like with any credit card you need to know the terms you are agreeing to. The 0%
introductory rate is only good for the first 12 months. Then it goes to a
variable rate, currently 9.99% to 19.99% depending on your credit history. As
with any variable rate this may change in the future so pay attention to it.
Also, with Providian your rate will go up if you are late on a payment, max out
and go over your credit limit, bounce a payment (like a write them a check with
insufficient funds), or are reported delinquent with another creditor. Be sure
to read all terms and conditions before applying for any credit card.
Who are Providian
Providian is a financial institution, which provides financial services of
credit cards, savings, and investments (savings and investments are through the
Providian National Bank). Providian Financial Corporation is based in San
Francisco, California but their financial services are available nationwide.
They are listed on the New York Stock Exchange and are successful having over
10 million customers.
Why Choose Providian Credit Cards
Providian provides their customers with free access to their FICO scores (credit
scores). This way you can be aware of your credit rating and work to improve it
if needed. They provide information to help you do so. They also provide
helpful information on your account, budgeting, resources for more credit
information, a glossary of financial terms, safety and security tips, and more.
Also, depending on which card you choose (and are approved for) you can
participate in a rewards program. Either reward points, cash back on the
interest you pay, cash back on purchases, or travel rewards.