Aspire Gold Visa® Card

No Security Deposit Unsecured Visa® Card Low Minimum Monthly Payments Special Visa Deals for Cardholders

Review: The Aspire Gold Visa® Card, issued by Columbus Bank and Trust, is designed for those who require only the basic functions of a credit card. The card offers high interest rates, and all of the variable interest rates have minimum caps. This simply means that no matter how low the Prime Rate drops, the interest rates on the account will not go below the stated minimum caps. In addition, the APRs for all transactions are tied to the highest Prime Rate during a 90-day period. Therefore, due to this policy, the APRs may never reach the lowest possible interest rates. The annual fee applied to new accounts is $150. There is also an account opening fee of $29 and a monthly maintenance fee of $6.50, which amounts to $78 per year. The total amount of standard fees (not including penalty or default fees) is $257 for the first year. Therefore, those who can afford to pay in full each month (to avoid high finance charges), do not mind paying the various fees associated with the card, and have a limited credit history will benefit most from the Aspire Gold Visa® Card. Individuals who plan to carry a balance should consider a card with a lower interest rate.

Date of Review: 2006-04-08 00:00:00

Notes: This card is not available to residents of Iowa, Wisconsin, New York, Puerto Rico or other U.S. territories. The APR is based on the highest Prime Rate during a 90-day period. The minimum APR for purchases is 19.50%. The minimum APR for cash advances is 25.50%. See website for complete terms and conditions of card usage and application disclosure.

Additional Perks: Various Internet account related services. Auto rental insurance. Various travel and emergency assistance services. Emergency cash replacement. Emergency card replacement. Lost and stolen card reporting. No liability for unauthorized transactions. See website for additional benefits.