Editor’s Note: Thank you for your interest, this offer expired and is no longer available.
While the most familiar credit cards come from big-name issuers like Capital One, Chase, American Express, Citi or Bank of America, some of the better offers come from less familiar banks. First National Bank of Omaha (FNBO) is one of the oldest and highly respected banks in the United States, known to Consumerism Commentary readers for their FNBO Direct Savings Account. This bank currently offers a credit card that rewards cardholders with cash back, a low interest rate, and a solid introductory offer. The First National Bank of Omaha Maximum Rewards® Visa is a decent overall credit card, requiring excellent credit for approval.
Consider the First National Bank of Omaha Maximum Rewards® Visa a rewards credit card because it offers cardholders one point for every dollar spent no matter what you spend your money on or how much of it you spend each year. Cardholders can redeem points for a variety of rewards including cash, and there is no limit to the amount of points you can earn. As long as you remain an FNBO cardholder with an account in good standing, your points will never expire.
All cardholders will receive a 0% introductory APR on balance transfers for 12 months and on purchases for six months, which allows for interest free spending and payments. There is a balance transfer fee of 4% during this introductory offer. The standard APR, which will be applied after the introductory period has expired is a variable rate between 11.99% and 19.99%, based on the applicant’s credit history. The standard balance transfer fee is 5%. The APR for cash advances is 25.24%, but cash advances should be avoided.
The First National Bank of Omaha Maximum Rewards® Visa does not have an annual fee, making it attractive to all types of cardholders. This offer might not blow you away in terms of rewards but it’s a straightforward, no nonsense credit card with a standard 1% return for cash back. Consider the First National Bank of Omaha Maximum Rewards® Visa the next time you’re in the market for a new credit card.
Updated October 10, 2014 and originally published February 25, 2011.