Maria Adams, Credit Cards Moderator
@m_adams
The First Access Card minimum payment is $40 or 5% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $40, the First Access Card minimum payment will be equal to the balance. In addition, if you recently missed a payment or exceeded your credit limit, First Access Card may add a late fee or the overlimit amount to your minimum payment.
The minimum payment is the smallest amount you’re obligated to pay by the due date for your First Access Card account to be in good standing. Failure to pay by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.
First Access Visa® Card
People also ask
What is the First Access Visa Credit Card credit limit?
The First Access Card credit limit is $300 or more. Everyone who gets approved for First Access Card is guaranteed a credit limit of at least $300, and particularly creditworthy applicants could get limits a lot higher than that. The higher an applicant’s credit score and income are, the higher the starting credit limit is likely to be.
The First Access Card credit limit that you start with isn’t necessarily your credit line forever. You can ask to get a credit limit increase by calling the...
read full answerHow can I pay my First Access Visa credit card?
You can pay from your bank account. Log in to your bank’s online banking account and locate the online bill payment section. All you will need to make the payment is the payee name “First Access” and your 16 digit account number.
Another way to pay your bill is through Western Union or MoneyGram or other electronic payment services. Bring a copy of your First Access Card statement to provide the payee name (“First Access...
Is it better to pay off your credit card or keep a balance?
It’s better to pay off your credit card than to keep a balance because paying the card off will save you money on interest. Credit card companies charge interest when you don’t pay your bill in full every month, but you’ll enjoy a grace period with no interest if you always pay your full statement balance by the due date.
Some people think you need to carry a balance in order to see positive information...
read full answerDid we answer your question?