find the best credit card NerdWallet named Money Magazine's Best Credit Card Website of 2010
NerdWallet > Rewards Credit Cards > First National Omaha Graphite(SM) American Express(R) Card
Review / Compare / Reward Calculations / Interest Calculations / Rankings / Comments
First National Omaha Graphite(SM) American Express(R) Card
First+National+Omaha Graphite%28SM%29+American+Express%28R%29+Card Credit Card

(3/5 - 11 Votes)
Net Annual Rewards
$252
of Cash
Reward Rate
1.00%
Annual Fee
$0 the first year, then $99
Signing Promo
$100 Cash Bonus after spending $1,000 - in first 3 billing cycles.
APR, variable*
Min APR:
13.99%
Max APR:
19.99%
Default:
29.99%
Cash Adv:
25.24%
Intro APR Promotions
Purchase:
0% for 12 mos
Transfer:
0% for 12 mos
Summary
  • Earn 1% on purchases
  • 3% on airline purchases
  • 2% on gas and groceries

Compare To Our Most Popular Cards For The Category

back to top

Compare To Blue Cash Preferred℠ Card from American Express

Why do we think you should consider this card?

Earn $150 cash back after spending $1,000 in eligible purchases in the first 3 months of Cardmembership

Compare To A Different Card



or compare to

Reward Details & Calculator

back to top

Rewards Type: Cash

Signing Promotion
($100)/2 yrs
$50
Estimated Annual Rewards
$21,600 * 1.17%
$252
Annual Fee, 2 yr avg
$50
Annual Rewards (Rewards less Fees)
$252

Calculate Interest & Finance Charges

back to top
Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.

Finance Charge, Balance Transfer of $10,000*

Balance Transfer Fee, 3.0%
$300
Promo APR, First 12 months
$0
APR, 12 months
$1,537
Total
$1,837

*Average APR for Balance Transfers of 8.5% includes transfer fees and APR promotions.

Effective Annual Rate, Purchases

Promo EAR, 12 months
0.00%
Ongoing EAR, 12 months
14.92%
Total EAR, 24 months
7.20%

APR Rankings

back to top
APR
13.99%
ranks #1364 out of 1751 cards.
Average is 11.78%.
Balance Transfer Fee
3%
ranks #905 out of 1639 cards.
Average is 1.67%.
Cash Advance APR
25.24%
ranks #888 out of 1002 cards.
Average is 18.74%.

Rewards Rankings

back to top
Annual Fee
$99
ranks #1754 out of 1773 cards.
Average is $9.
Base Reward Rate
1%
ranks #69 out of 963 cards.
Average is 0.99%.
Effective Reward Rate
1.17%
ranks #144 out of 958 cards.
Average is 1.04%.
Sign-up Bonus
$100
ranks #61 out of 1762 cards.
Average is $33.
Credit Card Review: First National Omaha Graphite(SM) American Express(R) Card


Author:
NERDBOT

Should you get the First National Omaha Graphite(SM) American Express(R) Card? We'll give you the ins and outs of this card and give you a head-to-head comparison with the Blue Cash Preferred℠ Card from American Express. Also, be sure to check out our interactive credit card comparison tool.

NerdWallet Review: The First National Omaha Graphite(SM) American Express(R) Card

Promotional APR period: The First National Omaha Graphite(SM) American Express(R) Card offers an intro APR period. This gives you the chance to make a big purchase and pay it off interest-free for a while.

Annual fee: The card comes with an annual fee. This shouldn't necessarily be a deterrent, or at least, don't discount a card with a fee without doing the math. In fact, big spenders often get a better deal on cards with fees, as they earn more rewards. Credit cards for bad credit will often carry annual fees as well, and are pretty much a necessary evil if you're looking to build credit.

Credit Card Showdown: First National Omaha Graphite(SM) American Express(R) Card vs. Blue Cash Preferred℠ Card from American Express

Same late payment fee: The First National Omaha Graphite(SM) American Express(R) Card and the Blue Cash Preferred℠ Card from American Express have the same late fee. Ideally, you shouldn't have late payment fees anyway. In addition to the late fee, you might incur a penalty APR that stays with you for 6 months or more.

Smaller signup bonus: The card's signup bonus is smaller than the Blue Cash Preferred℠ Card from American Express's, which of course means you're sacrificing some money right off the bat. Obviously that isn't the end of the story, though - you also have to consider annual fees, ongoing rewards, and so forth.

Read the full review of the Blue Cash Preferred℠ Card from American Express on our blog

© Copyright 2012 NerdWallet, Inc. All Rights Reserved.

*Disclaimer: We try to keep information accurate and up to date, however we cannot make warranties regarding the accuracy of our information. Please verify FDIC Insurance / NCUA Insurance status, credit card information, and interest rates during the application process. Please note that NerdWallet has financial relationships with some of the merchants mentioned here. NerdWallet may be compensated if consumers choose to utilize the links located throughout the content on this site and generate sales for the said merchant.