Nationwide has roots as early as 1925 and today is one of the largest banking institutions nationwide. It offers a complete line of personal and business banking products. This article focuses on a review of the Nationwide Bank credit cards that are available.
If you need a credit card and you have good control of your financial habits, then using a rewards credit card can be a good idea. Rewards cards are usually free of annual charges and they credit your account with points that can be redeemed in various ways. Compare credit cards online now!
Business owners can use business credit cards to help track expenses and control spending practices. Consolidated reports are usually available to help monitor credit card transactions.
Nationwide Bank Credit Card for Personal Use
For an introductory period, Nationwide offers 0% interest for the first six months. As an added bonus, the introductory period is extended up to12 months for repairs made to your car.
The Nationwide Bank credit card is a rewards credit card that gives you 1% cash back on all of your qualifying purchases. Every month your account will be credited with your earnings.
Nationwide Bank Credit Card for Business Use
The Business Platinum Visa credit card from Nationwide offers cardholders a generous rewards program of up to 3% in cash back credit card rewards. Gasoline and office supplies qualify for the 3% as does any purchases made through the Nationwide Marketing Storefront.
All other purchases you make earn 1% cash back. As with the personal use credit card, your account is credited with your cash back rewards on a monthly basis, simplifying the rewards program.
Upon opening your account, you can request a balance transfer and receive nine months of billing at 0% interest for all balance transfer credit card transactions. After the introductory period is over, the 0% rate will go up anywhere from 11.24% to 19.24% depending on your credit.
Controlling Interest Rates with Nationwide Bank Credit Cards
Although Nationwide Bank’s interest rates are competitive, your rate will be higher if your credit is not so good. In order to avoid paying high interest charges, you need to pay your balance every month in full. This will also help you slowly start to reverse your credit score and raise it back to good standing.
Rewards credit cards are higher in interest than non rewards cards. Therefore, you should only consider using a Nationwide Bank credit card if you have excellent control over your budget and spending. Compare other credit card offers now!