Simmons 1st National Bank

Pros: Low, low interest rates
Cons: membership fee

Want to find out how good your credit really is? Apply for a credit card through this Simmons First National Bank. This is a small bank in Pine Bluff, Ark. They are very conservative in who they issue credit to. I remember about 8 years back there was a...

Pros: Low interest, friendly people
Cons: None

Simmons First Bank is located in Pine Bluff, Arkansas. If you don't know anything about the state of Arkansas, let me tell you one thing you need to know. Arkansas has a law that states that the interest rate charged can only be a few percentage points...

Pros: Lower rates in comparison to 'big' banks.
Cons: No longer offer fixed rates. Very poor customer service.

I applied for and received a Simmons First Visa Platinum less about two months ago.  I chose this card because of it's low FIXED rate.  I even stated this in my application, that it was the decision factor. Having had a Bank of ...

Pros: None
Cons: SLOW TO RESPOND, BAD CUSTOMER SERVICE, SLEAZY TACTICS!

Classic bait and switch scheme!  We applied for a Simmons 1st National Bank credit card.  Our FICO score is 820 - pretty much perfect credit, yet the very first thing we get from Simmons is get is this letter saying the recently enacted federal legislation made them have to change their fixed rate to a variable rate.  We found it interesting that none of their current advertising mentions anything about this!

We asked our friends who told us about the card who had applied 2 months ago and they got the same "bait and switch" letter too. 

DISHONEST BUSINESS PRACTICES ARE NEVER A GOOD SIGN!   Current Simmons 1st National Bank customers - RUN THE OTHER WAY and get rid of it or be sure and check the fine print of what ever they send you!