Net 1st National Bank Credit Card

Pros: None, zilch, zero.
Cons: Instant debt, excessive fees, questionable practices.

You've probably run across pop up ads, or email spam, for Net 1st National Bank MasterCard. They're the ones that shout:

No Credit Check!
No Turndowns!
0% APR for the Life of the Card!
No Employment Verification!
As...

Pros: 0% interest AND teaches you what not to get in a credit card company.
Cons: Everything else about this card.

There is not one positive aspect about this credit card other than the 0% interest that they offer. Why can they offer no interest?

~ First of all, they start you out with a $500 limit . . . here's the catch: There is a $500 "Reservation...

Pros: absolutely none.
Cons: absolutely everything. annual fee, initial start-up fee, poor business practices, extremely unethical

Fly-by-night credit card companies are all over, and they make their living by sucking innocent people in. Most of us who have been on the internet for a reasonable amount of time know to avoid them, but people with less experience often fall prey to...

Pros: NONE
Cons: EVERYTHING **BEWARE**

Recently, I was surfing the web looking for a good credit card rate. You won't believe it but I found one that has a 0% APR. The Net 1st Credit Card Mastercard is what I found. Wow, I had to check this out. ***********NO Credit Check*** NO Credit...

Pros: none
Cons: excessive hidden charges

I'll cut right to the chase. Do not, under any circumstances, apply for the Net First credit card. As near as I can figure, they have e-mailed a come-on for their rip-off card (oops, I mean credit card) to just about everyone who has ever been online....

Pros: NONE
Cons: RIP OFF

I have shake credit to do past finacial problems which I Finaly got out of with out filing Bankruptcy which is hard to do in the 90's. One day a friend told to me to apply for a Net 1st Card So I did. now heres the catch I didnt pay attention to what the...

Pros: Instant Approval
Cons: What you aren't told

Ok people, the truth is going to come out in this opinion. I am from Canada, and originally moved here to New Jersey last February. I still have my credit cards from Canada and I still use them, meaning I pay the exchange rate twice. This is very...

Pros: NONE
Cons: A less than reputable company

When Net 1st first started advertising on the internet that were offering a credit card I must say I was thrilled. OK time for me to backpeddle a bit.

I was looking for an UNsecured credit card via several search engines and Net 1st website...

Pros: 0% APR Guaranteed Acceptance No Credit Check
Cons: Must be serious about credit repair Not for people who need to borrow money

If you are dedicated to repairing your credit legally, this is the card for you.

If you want "another" credit card, have any credit at all, plan to max the card out ASAP, or dont want to pay on time every month, then you can stop reading...

Pros: none whatsoever.
Cons: Yes ,THEY are the cons!

I wish I had never seen their ad! I fell for it because I needed to establish credit and didn't qualify for any other unsecured cards. Like a fool, I figured that the high price I had to pay to get started with this company was somehow "my...

Pros: There is 0% interest and you make payments on your use of the money!
Cons: They don't accept payments on-line.

I enjoy the use of my Net 1st Master Card! It helps me control my spending by knowing I have only the amount I deposit to use for this months expenses on my small business. It is like using my savings, but my savings is still at home, where it belongs!...

Pros: Builds Credit with all 3 major credit entitys, no interest, pay as you go.
Cons: Processing fee ($89 one time) Annual Fee ($96/year, but paid monthly $8)

Seems to me the people that don't like it really don't understand it or haven't read the terms and conditions carefully. So long as you make $15 payments on time every month, your building your credit. ($8 for annual fee, $7 goes to available credit.)...

Pros: build new credit
Cons: 800 wait time

I have had no problems with this company. I have read the other reviews and it sounds like the unhappy people did not read the fine print.

None of the information was hidden. People need reed all information when they are giving a company...

Pros: N/A
Cons: Bad card

They withdrew funds from my checking account before I had even gotten the " Activation Certificate" They were very difficult about the matter and when I called to ask why they had withdrawn funds from my account. When I call they give me nothing but bulls**t , now they send me a letter telling me the bank has closed this was all in 2002 now 2006 I look at my credit report and they have me down as overdrawn and a charge off so my credit is crap. STAY AWAY AND ALWAYS READ FINE PRINT