Review: First Citizens Bank Credit Cards

first-citizens-bank-credit-cardFirst Citizens Bank offers 3 credit cards, one of which gives you the potential for one of the lowest interest rates in the country. Our review of all 3 cards is below:

  • The First Citizens Smart Option Visa is a no-frills credit card that is all about the interest rate. If your credit is good, you can get a rate as low as 8.74%, which is one of the lowest rates in the country. (See our Low Interest Credit Cards page for more.) However, note that the interest rate on this card can still go as high as 19.74% if your credit history isn’t so good. No annual fee.

  • The First Citizens Rewards Visa offers a very standard points program. You get 1 point per dollar charged to the card, and you can use points toward rewards including cash, gift cards, travel, merchandise, etc. There is no annual fee, and the interest rate on the card can be as low as 11.74% or as high as 22.74%, depending on your credit history.
  • If you use your credit card often and really rack up the charges, you might consider the First Citizens Rewards Visa with Accelerated Earnings, which has an annual fee of $50 but offers more points per dollar charged. Specifically, you get 1.5 points per dollar, versus the 1 point per dollar with the card above. Doing the math, you would need to spend at least $10,000 annually with your card to make this a better option than the card above. See our Cash Back Credit Cards or Rewards Credit Cards pages also, to compare either of these reward cards with other options.