First Bank of Alabama
Credit Cards

Business Platinum VISA with uChoose Rewards / Net 25
from First Bank of Alabama

Business Platinum VISA with uChoose Rewards / Net 25

Business Platinum VISA with uChoose Rewards / Net 25
from First Bank of Alabama

$0 Annual Fee



†Important Disclosures

TRAVEL, MERCHANDISE, GIFT CARDS, AND MORE - YOU NAME IT, YOU'VE GOT IT WITH THIS REWARDS CARD!

uChoose Rewards Loyalty Program

uChoose Rewards Loyalty Program

Earn points towards Cash back, Merchandise, Travel and Gift Cards

$0 Annual Fee

$0 Annual Fee

Keep more of your money

Annual Percentage Rate

Annual Percentage Rate

APR (For purchases, balance transfers, and cash advances): 13.50% (prime + 5%)

Pen & Paper

Interest Rates & Fees Summary

Purchase APR
13.50% Variable (Wall Street Journal “Prime Rate” + 5%)
Balance Transfer APR
13.50% Variable (Wall Street Journal “Prime Rate” + 5%)
Cash Advance APR
13.50% Variable (Wall Street Journal “Prime Rate” + 5%)
Purchase APRBalance Transfer APRCash Advance APR
13.50% Variable (Wall Street Journal “Prime Rate” + 5%)13.50% Variable (Wall Street Journal “Prime Rate” + 5%)13.50% Variable (Wall Street Journal “Prime Rate” + 5%)

Please see †Important Disclosures for interest rate, fee, and other information. All terms may be subject to change.

Additional Product Features

  • Online account information - www.firstbankal.com
  • Visa® Secure

Important Disclosures

BUSINESS CREDIT CARD DISCLOSURES
FBAL Platinum Visa with Rewards / Net 25

THIS IS A VARIABLE RATE PRODUCT: The Index used for the following is the Wall Street Journal “Prime Rate” (currently 8.50%). Unless an Introductory APR is in effect, the APR applied to purchased, balance transfers and cash advances is the Prime Rate plus a margin of 5.00% for FBAL Platinum Visa with Rewards (revolving) accounts. Rate changes to the account will be effective on the first day of the subsequent billing cycle following the Index change. The following information is accurate as of October 1, 2023 and may have changed after that date. To find out what may have changed, consult your Account Officer or call us at 256-362-2334.
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases 13.50% VARIABLE
This APR will vary with the market based on the Wall Street Journal Prime Rate plus 5.00%.
APR for Balance Transfers 13.50% VARIABLE
APR for Cash Advances
Activation of Cash Advance functionality is subject to prior approval 		13.50% VARIABLE
Paying Interest The due date is at least 28 days after the close of each billing cycle. We will not charge any interest on purchases and balance transfers if the entire balance due is paid by the due date each month. We begin charging interest on cash advances on the transaction date.
Penalty APR and When It Applies 18.00% FIXED
The Penalty APR may be applied to your account if you : 1) Make a late payment; 2) Make a payment that is returned. How Long Will the Penalty APR Apply? If your APRs are increased, the Penalty APR will apply until you make six (6) consecutive minimum payments when due.
Minimum Interest Charge If you are charged interest, the charge will be no less than $1.
Fees
Annual Account Fee None
Transaction Fees
  • Cash Advance
    		•  4% of the amount of each transaction, but not less than $10.
  • Balance Transfer
    		•  No fee for transfer of balance from another credit card.
  • Foreign Transaction
    		•  1% of the transaction amount, in U.S. Dollars.
    Penalty Fees
  • Late Payment
    		•  Up to $35 assessed 10-days after payment due date.
  • Returned Payment
    		•  Up to $35.
  • Over Limit
    		•  $35.

    HOW WE WILL CALCULATE YOUR BALANCE: We use a method called "average daily balance (including new purchases)." See your card Agreement for more details.

    Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your card Agreement. If an account is opened, a Business Credit Card Agreement will be provided with each card issued. Please read and retain the Agreement, the Card Carrier containing the card, and any other documents that are received with the card.