Commerce Credit Card
Plains Commerce Banks of South Dakota offers a variety of services including personal financing options.
The Plains Commerce bank offers credit cards for its customers that have reasonable terms and offer unique
There are three Plains Commerce credit cards to choose between. Two of the Plains credit card
offers require you to have moderate to good credit ratings, a credit check is required for this card, and prior
relationships with the Plains Commerce Bank of South Dakota. First, the Plains Visa Gold credit card is a good
option for people with prior established relationships with the Plains Commerce Bank and who have moderate to good
credit ratings. This card offers a fixed annual percentage rate (APR) of twelve percent. There are no annual fees
with this Plains credit card, and it is ideal for personal and local purchases of items or services.
Second, the Plains Visa or Mastercard Classic credit card is a good option for people with prior established
relationships with the Plains Commerce Bank and who have moderate to good credit ratings. A credit check is
required for this card. This card has similar terms to the Plains Visa Gold credit card. There is a twelve percent
annual percentage rate for purchases which is computed daily for balances and new purchases, a twenty-five day
grace period for repayment of balances for purchases, no annual fee, and no finance charges. A fee of two dollars
or two percent (whichever is greater) is charged for cash advances. Late payment fees of twenty dollars or five
percent of the amount past due (whichever is greater) is charged. Finally, there is an over the credit limit fee of
twenty dollars or five percent of the over-limit amount (whichever is greater).
The third Plains credit card offer, the Visa or Mastercard Secured credit card, is particularly good for people
with poor or no established credit and no prior relationship with Plains Bank. These cards are secured using an
associated bank account as collateral for the line of credit. The credit limit is typically set as a percent of the
amount deposited into the associated account. The annual percentage rate is fixed at approximately twenty percent
and there is an annual fee of thirty-nine dollars for the card. The deposit accrues an annual percentage rate of
around four and a half percent. The use of the secured credit card is reported to the major credit bureaus, so
positive use of this card can help you establish your credit history and rebuild credit. Additionally, Plains
Commerce Banks will work with people with poor credit or no credit to find the right credit options to suit their
The Plains Commerce credit cards can be customized with images of the art by Terry Redlin. Applications
for all of the Plains credit card offers can be requested by calling Plains Commerce Bank or by downloading it from
the Plains website. Complete details on the terms of the three offers are also online. Applications should be
brought in to Plains Commerce Bank or mailed.
Source: Credit Cards For People With Bad Credit Rating
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