Bank Credit Card
GE Bank or GE Money, the financial subsidiary of General Electric, provides a variety of financial services to a
big chunk of the consumer market.
One of these is credit card issuing and management. Most credit cards from GE bank are co-branded consumer cards
that carry the name of some of the biggest retailers in the United States. GE Bank issues the Wal-Mart credit card,
the JCPenney credit card, the ShopNBC credit card, the eBay credit card, and a lot more. GE Bank also issues credit
cards from schools such as Boston College and NorthWestern University.
A general purpose GE Bank credit card is the GE Money Net Rewards MasterCard. This card features
an attractive rewards program that includes cash rebates of up to 1.25%, merchandise such as electronics and
jewelry, travel rewards, and gift cards from your favorite retail stores. This GE Bank credit card also includes
the benefits of the Platinum brand that include zero liability from fraud, an extended warranty program, travel
assistance, road assistance service, and auto rental insurance. Plus, it has $0 annual fee. The APR of this GE Bank
credit card for purchases and balance transfers is 19.99% for premier accounts and 26.99% for choice accounts. The
APR for cash advances is 26.99%. However, a penalty APR 29.99% can be imposed on delinquent accounts. This GE Bank
credit card also features a standard grace period of 23 days. Charges and fees include a minimum finance charge of
$2; a late payment fee of $15.99 (for balances from $16 to $29.99), $29.99 (for balances from $30 to $249.99), and
$39.99 (for balances that start from $250); an over-the-limit fee of $35; and, a returned check fee of $29. This GE
Bank credit card also charges transaction fees for balance transfers, cash advances, convenience checks, and
foreign transactions. To apply for this GE Bank credit card, you’ll need at least a fair credit rating or a FICO
score of 626.
Another general purpose GE Bank credit card is the GE Money Cash Rewards MasterCard. General features include a
zero annual fee, cash rebates for purchases, and a standard grace period of 20 days. This GE Bank credit card has a
competitive APR that starts from 9.24%. However, to get approval for this card, you’ll need a 746 FICO credit score
or a good credit rating.
The third general purpose GE Bank credit card is the GE Money Low APR MasterCard. Though it doesn’t have a
rewards system, it offers a variable APR that ranges from 9.24% to 18.24%. It also has no annual fee and gives a
standard grace period of 20 days. To apply for this GE Bank credit card, you’ll need a fair credit rating or a FICO
score of 671.
Source: Credit Cards For People With Bad Credit Rating
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