Bank First Credit Card

By: EconomyWatch   Date: 4 October 2009

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A Bank First credit card is an attractive option for people trying to improve their credit history. Bank First issues a large variety of prepaid credit cards and offers many features, such as reward points and online shopping, which are absent in other prepaid credit cards.

Bank First Credit Card: Process

A Bank First credit card, being a prepaid credit card, requires an applicant to deposit a security amount. The security amount becomes the credit limit for the cardholder. The remaining process of a Bank First credit card is similar to that of other credit cards and includes maintaining records of all transactions, payments and reporting to credit agencies.

Bank First Credit Card: Features

A Bank First credit cardholder enjoys the following benefits:

  • No penalty charges for bounced checks or overdrafts for lifetime.
  • Reward points program in which a consumer gets 1 point for every $1 he spends. The reward points are redeemable for prepaid wireless airtime, LD calls and music downloads.
  • Free of cost bill payment service on the net or over the phone.
  • Ease of adding cash instantly at 100,000 retail locations nationwide.
  • Free credit builder service with overdraft protection.
  • Free mobile and email alerts.
  • Free direct deposit facility that eliminates the check cashing fees.

The wide acceptability of the card is another dimension that attracts many consumers towards it. The card can be swiped at gas stations, shopping centers or for purchases over the net or phone.

Bank First Credit Card: Reporting Disputes

Theft of the physical card or confidential information has become rampant. In case of such circumstances, Bank First credit cardholders need to contact the customer service at 801 383 1003. Reporting a fraud or unidentifiable transaction has to be done within 60 days of spotting the fraudulent charge on the statement.

A cardholder needs to be ready with the following information when reporting fraudulent transactions:

  • The card number

  • The reason of the dispute

  • The dollar amount of the transaction

For avoiding such circumstances, Bank First credit cardholders are advised to safeguard their card and its confidential information and avoid using the card on public computers.


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