We make it easy to choose the credit card that is right for you - Low Rate or Preferred Points Rewards. It's the only card you need for everything you need to do.
Key Features
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Low Rate
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Earn Points
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Benefits
A credit card has become an indispensable part of our lives with its ease of use and convenient pay-back options.
Easy access to credit
The biggest advantage of a credit card is its easy access to credit. Credit cards function on a deferred payment basis, which means you get to use your card now and pay for your purchases later. The money used does not go out of your account, thus not denting your bank balance every time you swipe.
Building a line of credit
Credit cards offer you the chance to build up a line of credit. This is very important as it allows banks to view an active credit history, based on your card repayments and card usage. Banks and financial institutions often look to credit card usage as a way to gauge a potential loan applicant’s creditworthiness, making your credit card important for a future loans or rental applications.
Record of expenses
A credit card records each purchase made through the card, with a detailed list sent with your monthly credit card statement. This can be used to determine and track your spending and purchases, which could be useful when chalking out a budget or for tax purposes. Lenders also provide instant alerts each time you swipe your card, detailing the amount of credit still available as well as the current outstanding on your card.
Purchase protection
Credit cards offer additional protection in the form of insurance for card purchases that might be lost, damaged or stolen. The credit card statement can be used to vouch for the veracity of a claim, if you wish to file one.
F&M Bank is proud to offer the following credit card options to our personal banking customers in the greater Oklahoma City area.
Low Rate Card
Features
- No annual fee
- Low 2.90% APR* introductory rate for the first six months.
- Competitive ongoing APR1
- Available to applicants in Mastercard® or Visa®
- 25-day interest-free grace period on all purchases. No grace period on cash advances.
Benefits
- Online account information and management available at www.cardaccount.net
- Rental car collision damage waiver protection and a host of extraordinary Mastercard® benefits2
Fees
- Other fees may be charged, these fees are listed on the downloadable application
World Card / Preferred Points Rewards Card
Features
- Low 2.90% APR* introductory rate for the first six months.
- Competitive ongoing APR1
- With the Preferred Points Rewards card start off right with a 3,000 Point Bonus**.
- Receive one point for every dollar you spend up to 10,000 points per month.
- No annual fee
- World card only available in Mastercard®. Preferred Points Rewards available in Mastercard® or Visa®
- 25-day interest-free grace period on all purchases. No grace period on cash advances.
Benefits
- Redeem your rewards points for cash-back awards, retail gift cards, travel and a wide variety of merchandise including cameras, mp3 players, home theater systems, portable DVD players, sporting equipment, jewelry, luggage, electronics, video game equipment, gift cards and more.
- To view or redeem rewards points, visit www.mypreferredpoints.com or call 866-678-5191
- Online account information and management available at www.cardaccount.net.
- Rental car collision damage waiver protection and a host of extraordinary Mastercard benefits2
Fees
- Other fees may be charged, these fees are listed on the downloadable application
If you’re looking for banks that offer credit cards in the greater Oklahoma City area, visit your nearest F&M Bank location in Edmond, Yukon, Guthrie, Kingfisher, Piedmont, or Crescent, OK.
*Annual Percentage Rate.1After the introductory rate, the APR will vary based on changes in the Index, the Prime Rate published in the Wall Street Journal. Low Rate Card APR=prime+ 6.99%; Preferred Points & World Card APR=prime+ 11.99%; The account will never have an APR over 21%.The Index will be adjusted on the 25th day of each month or the business day preceding the 25th day if that day falls on a weekend or a holiday recognized by the Board of Governors of the Federal Reserve System. Changes in the Index will take effect beginning with the first billing cycle in the month following a change in the Index. Increases or decreases in the Index will cause the APR and periodic rate to fluctuate, resulting in increased or decreased Interest Charges on the Account. **Preferred Points Card only-1,000 points per month will be given as a reward for purchases made on the first three (3) billing statements. 2Additional information about Mastercard and Visa cardholder benefits are provided on TIB Benefits Charts. Subject to credit approval.