Are you considering getting a new credit card and want to know more about the Ivan Smith card? With so many credit cards on the market, it can be tricky to determine which one is right for you. That’s where reading credit card reviews comes in handy.
In this comprehensive guide, we will provide an in-depth look at Ivan Smith’s credit cards, including pros and cons, rewards, fees, and more. Additionally, we will answer some frequently asked questions about Ivan Smith cards to help you make an informed decision when applying.
About Ivan Smith Credit Cards
Ivan Smith credit cards are issued by Ivan Smith Bank, which is a major U.S. financial institution. Ivan Smith offers several different credit card options, including cash back, travel rewards, balance transfers, and business credit cards.
Here is a quick overview of some of the most popular Ivan Smith credit cards:
- Ivan Smith Cash Back Card – Earn unlimited 1.5% cash back on all purchases. No annual fee.
- Ivan Smith Travel Rewards Card – Earn 2X points on travel and dining purchases. $95 annual fee waived the first year.
- Ivan Smith Balance Transfer Card – 0% APR on balance transfers for 18 months. 3% balance transfer fee.
- Ivan Smith Business Credit Card – Earn 5X points on office supply purchases and 2X points on gas and dining. $0 annual fee.
When reviewing Ivan Smith’s credit cards, some of the key factors to consider are:
- APR: This is the annual percentage rate, which impacts the interest you pay on any balances. Look for low APRs.
- Annual Fees: Some cards charge annual fees, while others don’t. $0 annual fees are ideal.
- Rewards: Many cards offer cash back, points, or travel miles on purchases. Look for value in the rewards you’ll use.
- Perks: Credit card perks like purchase protection, rental car insurance, extended warranties, etc. add value.
- Credit Required: Cards require good to excellent credit for approval. Know your credit score.
- Sign-up Bonus: Many cards offer bonus cash, points, or miles when you meet a minimum spend requirement.
Now let’s dive into the details on some of the top Ivan Smith credit cards.
Ivan Smith Cash Back Credit Card Review
The Ivan Smith Cash Back Credit Card is one of the most popular Ivan Smith cards because it offers an unlimited 1.5% cash back on every purchase without charging an annual fee. This can add up to hundreds of dollars back in your wallet each year.
Some key details about the Ivan Smith Cash Back Card:
- 5% unlimited cash back on all purchases
- No annual fee
- 0% APR for 15 months on purchases and balance transfers
- Credit required: Good to Excellent
- Introductory bonus: $200 cash back after spending $500 in the first 3 months
The unlimited 1.5% cash back and lack of an annual fee make this one of the best Ivan Smith cards for everyday spending. With no caps on cash back earned, this card can provide significant rewards for heavy spenders.
Ivan Smith Travel Rewards Credit Card Review
For those who enjoy traveling, the Ivan Smith Travel Rewards Credit Card allows you to earn 2X points on all travel and dining purchases. Points can then be redeemed for airfare, hotels, vacation packages, and more.
Here are some key Ivan Smith travel card details:
- Earn 2X points on travel and dining
- $95 annual fee, waived the first year
- Points are redeemable for travel purchases and cash back
- Credit required: Good to Excellent
- Introductory bonus: 50,000 points after spending $3,000 in 3 months
With no foreign transaction fees, this Ivan Smith credit card is a great option for international travelers. The annual fee is worthwhile for anyone who spends heavily on travel and dining. The large introductory point bonus can cover multiple flights or hotel stays as well.
Ivan Smith Balance Transfer Card Review
If your goal is to pay off credit card debt, then the Ivan Smith Balance Transfer Card should be strongly considered. It offers an intro 0% APR on balance transfers for 18 months, allowing you to pay off balances without incurring interest.
Key features of this Ivan Smith balance transfer card:
- 0% intro APR on balance transfers for 18 months
- 3% balance transfer fee
- After 18 months, 16.49% – 25.49% variable APR
- No annual fee
- Credit required: Good to Excellent
This card makes it possible to save hundreds of dollars in interest by transferring your existing balances and paying them off before rates rise. Just be sure to make all monthly payments on time or you will lose the 0% introductory APR offer.
Ivan Smith Business Credit Card Review
For small business owners, the Ivan Smith Business Credit Card provides rewards for your everyday business expenses. You’ll earn 5X points on office supply store purchases, 2X points on gas and dining, and 1 point per dollar on other purchases.
Here are some Ivan Smith business credit card benefits:
- Earn 5X points on office supply purchases
- Get 2X points at gas stations and restaurants
- 1 point per $1 on other purchases
- Employee cards at no extra cost
- $0 annual fee
- Credit required: Good to Excellent
With no annual fee, this Ivan Smith card is free to have while letting you rack up points on business spending. The 5X category for office stores is very valuable for high business expenses.
Comparing Ivan Smith Credit Cards
When deciding which Ivan Smith credit card is best, consider your spending habits and financial goals. Here is a comparison chart of the key features of each card:
|Ivan Smith Cash Back
|1.5% unlimited cash back
|0% for 15 months
|Ivan Smith Travel Rewards
|2X points on travel/dining
|$95, waived first year
|Ivan Smith Balance Transfer
|0% for 18 months
|Paying off debt
|Ivan Smith Business
|5X points on office supplies
|Small business expenses
As you can see, each Ivan Smith card is tailored to different financial situations. The Cash Back and Business Cards are ideal for everyday purchases, while the Travel Rewards and Balance Transfer Cards meet specific needs related to travel and debt consolidation.
Tips for Getting Approved for an Ivan Smith Credit Card
Since Ivan Smith’s credit cards require good to excellent credit for approval, make sure to verify your credit score before applying. Here are some tips to boost your chances of getting approved:
- Check your credit reports and fix any errors. Mistakes can negatively impact your score.
- Pay all bills on time each month. Payment history is a major factor in your credit scores.
- Keep credit card balances low. High balances relative to limits will lower your scores.
- Limit new credit applications. Too many hard inquiries can negatively affect approval odds.
- Know your credit scores. Generally, you need a score over 700 to get approved for Ivan Smith cards.
- Review credit card application requirements. Each Ivan Smith card has minimum credit requirements.
By maintaining good credit hygiene such as the tips above, your approval chances will be high for an Ivan Smith credit card tailored to your needs and financial situation.
Ivan Smith Credit Card Pros and Cons
Like any credit card, Ivan Smith products come with both positives and negatives depending on your spending profile and financial habits. Here are some pros and cons to consider:
- No foreign transaction fees on any Ivan Smith card
- $0 Fraud Liability protection
- EMV chip for enhanced security
- Online account access and mobile app
- Useful rewards programs
- Valuable sign-up bonuses
- No fee on some cards like Cash Back and Business
- High APRs if you carry a balance
- Potentially high penalty fees
- Cards require good to excellent credit
- Some have annual fees after the first year
- Points and miles don’t transfer to airline/hotel partners
For many consumers, the rewards programs, sign-up bonuses, and lack of foreign transaction fees outweigh the negatives. Just be sure to pay your bill in full each month and avoid costly penalty fees.
Who Should Get an Ivan Smith Credit Card?
Ivan Smith credit cards can provide great value to certain consumers including:
- Frequent travelers: Cards like the Ivan Smith Travel Rewards Credit Card maximize rewards for travelers.
- Diners: The dining rewards categories on cards like the Travel Rewards and Business Credit Cards provide ample points for foodies.
- Balance transfer candidates: Those with existing credit card debt can benefit from 0% intro APR balance transfer cards.
- Small business owners: The 5X office supply rewards help maximize business spending.
- Cashback fans: Earn unlimited 1.5% cash back with the Ivan Smith Cash Back Credit Card.
- First-time applicants: Ivan Smith student credit cards help those new to credit build a positive history.
- Ivan Smith Bank customers: Existing customers already have a relationship and may have higher approval odds.
Overall, Ivan Smith products make sense for responsible credit users who pay balances monthly and want to earn rewards, cash back, or intro 0% financing offers.
Ivan Smith Credit Card Customer Service Reviews
According to most customer reviews, Ivan Smith Bank provides quality customer service experiences for credit card holders. Here are some positive and negative customer service considerations:
- 24/7 live customer service phone assistance
- Online chat and secure messaging are available
- Knowledgeable and friendly representatives
- Quick dispute and fraud resolution
- Card replacements are sent quickly
- Some reps provide wrong information
- Difficult to get fees waived or limits increased
- Hold times can be long during peak call volume
- No branch locations for in-person support
Overall, Ivan Smith’s credit card customer reviews and ratings show they provide helpful support channels and capable representatives. Just be aware that as primarily an online bank, they lack in-person branch access for service issues.
Ivan Smith Credit Card Login and Payment
Managing your Ivan Smith credit card account is simple via their online portal and mobile app. You can quickly login to:
- Check your account balance
- Make payments
- Review transaction history
- Redeem rewards
- Set-up alerts
- Change your address
- Dispute fraudulent charges
- View statements
In addition to online access, Ivan Smith offers multiple payment options including:
- Pay online via e-check for free
- Schedule automatic payments
- Use their mobile app to pay
- Pay by phone
- Mail payments with provided checks
- Set up reminders to pay on time
With online, phone, and mobile payment capabilities, Ivan Smith makes it easy to securely manage your account and pay your bill. Just be sure to pay the minimum or statement balance by the due date each month.
Pro Tip: Enroll in autopay from your checking account to make sure your monthly payment is made on time.
How Does Ivan Smith Report to Credit Bureaus?
Like any credit card company, Ivan Smith reports your credit card account status and payment history to the three major credit bureaus – Experian, Equifax, and TransUnion each month.
Here are some key ways Ivan Smith’s activity impacts your credit reports and scores:
- On-time payments will improve your credit scores – pay at least the minimum due each month before the due date.
- Late payments will negatively impact your credit and may incur penalty fees. Set up autopay to avoid issues.
- Lower credit utilization will help raise your scores – keep balances below 30% of the credit limit.
- Applying for new Ivan Smith cards results in hard inquiries – limit applications.
- Closing unused Ivan Smith accounts lowers total available credit which hurts scores.
Overall, responsibly using your Ivan Smith card by making timely payments and keeping utilization low will have positive effects on your credit. Check your credit reports regularly to ensure accurate reporting by Ivan Smith Bank.
Alternatives to Ivan Smith Credit Cards
While Ivan Smith cards are great options, you may also want to consider competitor cards like those from issuers such as Bank of America, Capital One, and Chase. Here are some top alternatives for cash back, travel, balance transfers, and business:
- Capital One Savor Rewards – 4% cash back on dining/entertainment
- Chase Sapphire Preferred – 2X points on travel/dining; points worth 25% more
- Citi Simplicity – 21 months 0% APR on balance transfers; no late fees
- Bank of America Business Advantage – Unlimited 1.5% cash back on all purchases
These alternative cards often offer sign-up bonuses of $200+ along with comparable rewards programs and features. Be sure to also review APRs, annual fees, and other factors when comparing Ivan Smith to competitor credit cards.
Frequently Asked Questions (FAQ)
Below are answers to some common questions consumers have about Ivan Smith Bank credit cards:
- Does Ivan Smith offer a student or secured card?
Yes, Ivan Smith has student credit cards for those with little to no credit history as well as secured cards that require a refundable security deposit. These “starter” cards help build credit.
- Is there an Ivan Smith credit card application status number?
Yes, when you apply online for a Ivan Smith credit card you will receive an application status number that allows you to check your application status by phone.
- Do all Ivan Smith credit cards offer rewards?
No, cards like the Ivan Smith Balance Transfer Credit Card do not offer rewards programs. Compare cards to find the optimal rewards for your spending.
- What is the maximum credit limit on Ivan Smith cards?
Credit limits vary from $500 to $20,000+ based on your creditworthiness. Limits often start low but you can request credit line increases over time.
- Can you product change between Ivan Smith’s credit cards?
Yes, Ivan Smith allows you to upgrade, downgrade, or change your card to another product after being approved – a great way to switch to a better rewards card over time.
- Are there blackout dates on Ivan Smith’s travel rewards cards?
Their travel rewards cards do not have blackout dates. However, point values may vary slightly depending on your booking dates and availability.
- What is the Ivan Smith Credit Card phone number?
You can reach 24/7 Ivan Smith’s credit card customer service at 1-877-744-6397. This toll-free number connects you to an Ivan Smith card representative.
I hope this comprehensive guide has provided you with all the details and reviews needed to determine if an Ivan Smith Bank credit card fits your wallet. Ivan Smith offers some of the top cash back, travel, balance transfer, business, and rewards credit cards available. Just be sure to closely compare cards and consider your spending habits before applying. Feel free to refer back to this guide anytime you need the latest information on Ivan Smith credit cards.
Faizan Ahmad is a financial analyst and writer who specializes in investments, banking, and corporate finance. He has over 7 years of experience working in the finance industry in various roles.
He leverages his strong financial modeling and data analysis skills to provide insightful commentary on business, markets, and economic trends.
At Ventures Money, Faizan covers topics including Credit Card Reviews, Loans, Insurance, and Mutual Funds in the banking sector. He provides in-depth analysis of the latest news and trends to help readers make smart investment decisions.
Outside of writing, Faizan enjoys following the stock market, rooting for his favorite sports teams, and spending time with his family.