I received an offer for a Visa card from Generations Bank for 9.9% fixed with no annual fee. Does anyone know whether there are any catches with this card?
Not sure if this is it, or if will help but I found a website for a Generations Bank: www.generationsbank.com/home.asp -Dave
Seems like a pretty good card, but I think I would like to review the Card Agreement if I were considering applying. I like how they will reduce your interest rate every year if you pay your payments on-time. This seems contrarian to the way other CC companies as they increase your rate for no reason even if you make your payments on time. And I have never heard of this company before. It seems like thay have been around for a while but just because it says that on their website doesn't mean that it is true. If you do apply be sure to let us know how it works out.
