IBERIABANK Visa® Platinum Card

Intro Balance Transfer Rate: 1.99% for 6 months Reg Purchase APR: 8.25% - 14.25% Reg BT APR: 8.25% - 14.25% Annual Fee: None Credit Needed: Excellent

IBERIABANK Visa® Platinum Card

• Variable Rate APR ranging from Prime + 5.00% thru Prime + 11.00% depending on creditworthiness and other factors
• Purchase and Cash Advance APR's may vary with the market based on the Prime Rate.
• Earn 1 bonus point for every $1 in qualifying net retail purchases
• Turn your points into hotel, gift, or experience rewards
• Travel accident coverage up to $1,000,000
• No annual membership fee
• Low Introductory APR on balance transfers for your first 6 billing cycles. Applies to balance transfers processed within three months of your account open date.
• 25 day grace period
• Online access to credit card account information

Citi Forward Card: 5 ThankYou Points Per $1 Spent on Books, Movies, Music, Restaurants

Today Citi announced a new credit card created in partnership with MySpace, called the Citi Forward. It features a few incentives to consumers for managing their credit wisely, including lowering the purchase interest rate by 0.25% when cardmembers make a purchase, stay under their credit line and pay on time 3 months in a row. In addition, you’ll earn 100 ThankYou Points each billing period for paying on time and staying under the credit line.

Citi customers with a Citi mtvU Visa will also note the Citi Forward’s uncanny resemblance. Similar to the mtvU card, the Forward earns 5 ThankYou Points for every $1 spent on restaurants, books, music and movies. More importantly, the Citi Forward does not require that you be a student in order to apply.

Other noteworthy benefits of the Citi Forward include:

* 6,000 bonus ThankYou points after spending $50 in 3 months
* 5,000 bonus ThankYou points when you sign up for paperless statements within 3 months
* 0% APR on both purchases and balance transfers for 6 months (though balance transfers do incur a 3% uncapped fee)
* No annual fee

New Credit Card Abuses Spread in Advance of Credit CARD Act

A new study by the Center for Responsible Lending finds that credit card issuers have managed to find new ways to pad their profit and work around the Federal Reserve Board rules and federal law set to take effect in February 2010. Even as old abuses are outlawed, CRL finds that new ways to squeeze fees out of consumers are being introduced and popularized.

Among them:

Pick-a-rate: Up until now, a variable rate card was usually tied to the prime rate on the last day of the last billing cycle. CRL’s report shows that a number of issuers now have added language to select the highest prime rate within a 90-day period. The change may seem innocuous enough but CRL estimates it currently costs Americans an additional $720 million a year.

Variable rate floors: A practice that seems to be spreading, this clause stipulates that a variable interest rate cannot go down from the initial rate when an account is opened, but can go up.

Minimum finance charges: Consumers with only a penny in finance charges get charged a minimum amount up to two dollars.

Compression of balance categories in tiered late fees: While late fees have traditionally been imposed on a sliding scale, with a larger flat fee charged for a larger total balance, issuers have been steadily lowering the tiers, such that the balance required to trigger the largest fees has been significantly decreased.

Inactivity fees: Issuers charge consumers for not using or closing their account, with fees as high as $36/year.

International transaction fees: Issuers are increasing charges for transactions in foreign currency and expanding the definition of foreign transactions to include those in dollars.

Balance transfer/cash advance fees: This change has been obvious for anyone following credit card deals. Larger minimum balance transfer fees and percentages are proliferating. Most balance transfer fees are now also uncapped.