Continental Finance MasterCard® Issued by First Bank of Delaware
	Overall Rating Benefit Rating	APR (Purch): 19.92% Annual Fee: $50 Category: Poor Credit
Review
The Continental Finance MasterCard®, issued by First Bank of Delaware, is a credit card designed for those with poor credit who would like a second chance. The main benefit of this unsecured credit card is that it reports to credit bureaus. This is a rare opportunity for those with poor credit who would otherwise only qualify for secured or prepaid cards, which often do not report to credit bureaus or charge fees to report to credit bureaus. This card has an above average APR of 19.92%, and it has an annual fee of $50. It also charges a monthly maintenance fee of $12 ($144 per year). However, the monthly maintenance fee is waived for the first month. There is a one-time account processing fee of $200. This means that the total amount of fees that a cardholder can expect to pay in the first year will be $382. Cardholders will also receive free online access, excellent online tools for managing their finances, and semi-annual credit limit increases*. Therefore, those who want a second chance with their credit, do not mind paying the various fees, and would prefer an unsecured credit card may find the Continental Finance MasterCard® to be beneficial. *See Website for Other Fees, Rates, and Terms and Conditions
Review Date: 12/2/2008
Most Attractive Feature(s): Reports to credit bureaus; no security deposit required.
Least Attractive Feature(s): Annual and monthly fees.
Additional Perks
Access to semi-annual credit limit increases.* Various Internet account related services. See website for additional benefits.
Important Notations
*See website for other fees, rates, terms, and conditions. ***The monthly maintenance fee of $12 is waived for the first month. There is a one-time account processing fee of $200. There is a $35 fee for returned payments. There is a $25 fee for credit limit increases. There is a $4 fee for Internet payments. See website for complete terms and conditions of card usage and application disclosure.
Note: The review on this card was updated on 12/2/2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application. Credit card review information is provided by CardOffers.com, Inc.