Client Review on 1st Financial Bank USA

Feedback:

This company is for people to establish credit, it's geared towards College freshman who has no credit. They accepted my son 3 years ago when no one else did, started with $300, I use the card to buy grocery and then pay it off every 2 weeks. After 6 months, my son's credit was increased to $500, I told my son to use it for emergency only while I work on his credit history. 1 year past, increased to $1000, 18 months, $2000, 24 months $4000, 30 months $5000. Even though he has this credit limit, we only use it for grocery only and pay it off. We then applied for Discover and Capital One, both was accepted, Discover $1500 and Capital One $2500. His credit started with nothing and now at 710. We will not use 1st Financial card since the interest is so high compared to Discover and Capital, but he will have it as an emergency card just in case, will use it for gas and pay it off. People are mad at this company because they misuse the card or does not understand the purpose of the card. It's credit creating type card, they are not going to lower your interest rate, they will however increase your limit and that in turn will increase your score. Use it wisely then when your score goes up, apply for better interest rated cards and keep 1st Financial as an emergency card.