Continental Finance MasterCard®

INTRO APR No Introductory Rate Available
APR 19.92%
ANNUAL FEE $50
BENEFIT RATING
OVERALL RATING
MAXIUM CREDIT LIMIT $2,000

Add Continental Finance MasterCard® to the eZcompare stack and compare it with other credit cards side by side.

Terms and Conditions

Overview

The Continental Finance MasterCard®, issued by First Bank of Delaware, is a credit card designed for those with poor credit who would like a second chance.

The main benefit of this unsecured credit card is that it reports to credit bureaus. This is a rare opportunity for those with poor credit who would otherwise only qualify for secured or prepaid cards, which often do not report to credit bureaus or charge fees to report to credit bureaus.

This card has an above average APR of 19.92%, and it has an annual fee of $50. It also charges a monthly maintenance fee of $12 ($144 per year). However, the monthly maintenance fee is waived for the first month. There is a one-time account processing fee of $200. This means that the total amount of fees that a cardholder can expect to pay in the first year will be $382.

Cardholders will also receive free online access, excellent online tools for managing their finances, and semi-annual credit limit increases*.

Therefore, those who want a second chance with their credit, do not mind paying the various fees, and would prefer an unsecured credit card may find the Continental Finance MasterCard® to be beneficial.

Most Attractive Feature
Reports to credit bureaus; no security deposit required.

Least Attractive Feature
Annual and monthly fees.

Additional Benefits
Access to semi-annual credit limit increases.*
Various Internet account related services.
See website for additional benefits.

Rates & Fees

Card Category: Poor Credit

Introductory Rate: No Introductory Rate Available

Applied Towards: None

Introductory Rate Details:

APR (Purchases): 19.92%

APR (Cash Advances): 19.92%

Finance Configuration: Average Daily Balance (including new purchases)

Annual Fee: $50

Additional Cardholders: $30**

Grace Period: 25 Days (Min.)

Minimum Credit Limit: $300

Maximum Credit Limit: $2,000

Late Payment Fee: $35

Over-The-Limit Fee: $35

Cash Advance Fee: 3%, $5 minimum

Balance Transfer Fee:

Important Notations: *See website for other fees, rates, terms, and conditions. ***The monthly maintenance fee of $12 is waived for the first month. There is a one-time account processing fee of $200. There is a $35 fee for returned payments. There is a $25 fee for credit limit increases. There is a $4 fee for Internet payments. See website for complete terms and conditions of card usage and application disclosure.

*To view the most current rates, please see the most recent: Terms and Conditions