Author:
NERDBOT

Should you get the First National Omaha Maximum Rewards Platinum? We'll give you our take on the perks and drawbacks of this card and tell you how it stacks up against the Capital One® Venture^℠ Rewards Credit Card. For a dynamic comparison of all our cards, check out our credit card tool.

NerdWallet Review: The First National Omaha Maximum Rewards Platinum

No annual fee: The First National Omaha Maximum Rewards Platinum has no annual fee. This means it's ideal for those who don't put much on their cards, and want to keep the card open for a long time. If you keep your credit cards open, you'll boost your average account age and thus your credit score.

Introductory APR period: This card comes with an intro APR period. This has the benefit of allowing you to make a large purchase and avoid interest payments for a while as you're paying down the debt.

Credit Card Showdown: First National Omaha Maximum Rewards Platinum vs. Capital One® Venture^℠ Rewards Credit Card

Same late payment fee: The First National Omaha Maximum Rewards Platinum and the Capital One® Venture^℠ Rewards Credit Card have the same late fee. Of course, you should avoid incurring late payment fees anyway. In addition to the late fee, but you may incur a hefty penalty APR that lasts for at least six months.

Lower rewards rate: The First National Omaha Maximum Rewards Platinum's base rewards rate is lower than its competitor's. If you can't find a card that neatly fits your spending profile (let's say, one that gives rewards on the shopping you do way too much of), a high base rate is key. That said, base rewards aren't everything: many cards give high bonus rates but have mediocre base rates.

Smaller signup bonus: The First National Omaha Maximum Rewards Platinum has a smaller signup bonus than its competitor, so you're sacrificing some money right off the bat. Of course, that isn't the only thing that matters about a card, but still, good to know.

Longer introductory APR period: In addition to giving rewards, the First National Omaha Maximum Rewards Platinum offers a 0% introductory APR period. While you're paying down your debt interest-free, you can also save money by earning rewards.

Read the full review of the Capital One® Venture^℠ Rewards Credit Card on our blog