Different Types Of The Providian Credit Card

Providian credit card may happen to have a long history of service and quality and have gone legal problems but went through due to unethical business practices. Providian Financial Corporation was one of the most top leading issuers of credit cards in the United States locally based in San Francisco, California that was founded in 1980s but was later on sold to Washington Mutual which is a large financial organization that had previously focused on home loans, commercial real estate, and retail banking. Washington Mutual retained Providian its name because they believe that a name was made for itself by providing Providian credit card to people in the subprime market who were normally turned away from other companies of low income and poor credit history. The Providian credit card company has been on solid footing ever since.

Different Types Of The Providian Credit Card

A person that is careful and cautious with finances can be responsible enough to own a credit card. It allows its holder to buy goods and services based on the holder’s promise to pay for these goods and services. The following credit cards are provided by the Providian credit card: Premium points, Providian Visa Platinum Card and Providian Cash Rewards.

1. The Providian Visa Platinum Card is a basic card that offers the card holder to enjoy discounts and coupons at big restaurants and other retail outlets. Credit lines go up to $15,000 and the card carries no annual fee. Credit limits are reviewed and if the holder is able to fulfill the requirements, then granted the privilege of an increased credit limit. New accounts are eligible for no APR on balance transfers for the first 12 months. Consumers are entitled also to get cash advances from their card. Providian credit card especially the Visa Platinum Card is the main card offered by the Providian credit card company that has several different options and credit limits available to meet customer’s needs.

2. The Partner Cards in which Providian has several partner organizations like Human Rights Campaign Visa, HSN Rewards Visa, Democratic Party Visa, and North American Membership Group Visa.

3. Providian Real Rewards – the holders of the Providian credit card with Real Rewards can enjoy a number of financial reward if they make their payments at the right time. The financial rewards can be used for reducing expenses in restaurant dining, travel and air fare discounts etc.

Premium points are the goodwill of a good credit card would probably have to not to pay any money to obtain it. The entire application process is simple and straightforward. Providian credit card does not emphasize heavily on the credit history of the individual unlike any other cards that set a specified credit limit by the bank.