BancorpSouth Credit Card is a main product among the BancorpSouth bank portfolio. It has four different types of credit cards. Based on the different features, customers can select the best one suits. The types of cards are as below.
- The Standard Mastercard®
- Gold Mastercard®
- Platinum Mastercard®
- Visa Student credit card
As the name of the cards, they are connecting with the global signatures.
Furthermore, BancorpSouth Bank started its operations in 1876. The headquarters located in Tupelo, Mississippi, United States. In addition to that, James D. Rollins III is the current Chairman and the Chief Executive Officer of the BancorpSouth Bank. More than 4,500 employees are working under the name BancorpSouth.
BancorpSouth Credit Card Rates & Fees
| Rates & Fees | Standard | Gold | Platinum | Visa Student |
| Annual Fee | $0 | $0 | $0 | $0 |
| Purchase APR | 12.90% – 18.90% Variable APR | 12.90% – 18.90% Variable APR | 12.90% – 18.90% Variable APR | 19.15%, Variable |
| Intro APR | 0% for 6 months | 0% for 6 months | 0% for 6 months | N/A |
| Penalty APR | Up to 21.00%, Variable | Up to 21.00%, Variable | Up to 21.00%, Variable | Up to 21.00%, Variable |
| Cash Advance APR | 21.00%, Variable | 21.00%, Variable | 21.00%, Variable | 21.00%, Variable |
| Balance transfer fee | 3% | 3% | 3% | 3% |
| Foreign Transaction Fee | 2% | 2% | 2% | 2% |
| Required Credit Score | 630-719 | 630-719 | 630-719 | 300-689 |
Requirements of the BancorpSouth Credit Card
First of all, the applicant should be a resident in the United States. in the meantime, he/she should have a valid ID card as well as a valid Social Security Number. Most importantly, the minimum age required is 21. But for the Student credit card, it is 18 years. In addition to that, the applicant should have the required credit score as mentioned in the above chart.
Advantages of the BancorpSouth Credit Card
- No need to waste money on the annual fee.
- An intro AR period is available for three cards.
- Visa and MasterCard benefits are carrying by the cards.
- Secured ATM access is currently available for the cards.
- An emergency customer service is available in any language.
- Identity Theft resolution services are active.
- 24-hours access to the credit card details through a secured website.
- Mobile Wallet facility is available for the cards.
Disadvantages of the BancorpSouth Credit Card
- The foreign transaction fee is discouraging international payments.
- A higher late payment fee and a higher returned payment fee is applicable.
- There is a reward program charge, applicable for the cardholders.
- Less BancorpSouth credit card rewards are here compared to other credit cards. Ex: Cashback offers.
How to apply?
The BancorpSouth bank created an online portal to apply for BancorpSouth credit cards online. Due to that reason, applicants can easily follow the steps of the process. First of all, he/she needs to fill the details mentioned below.
- Personal Details
- Address
- Contact Details
- Housing information
- Income details
- Employment detail
After accepting the terms and conditions, the application is ready for submission.
The processing time and the application status can review through the same web page. Within two weeks, the applicant will receive feedback from the bank. The bank gave the facility to process BancorpSouth credit card payments through the BancorpSouth credit card login. Moreover, the cardholders can perform balance transfers through the credit card.
Customer Service
1-800-844-2723 is the BancorpSouth credit card service number. Any interested parties may give a call and solve the credit card issues. Not to mention, according to the BancorpSouth credit card reviews (existing customer reviews), they have an effective customer service team.
How to Cancel?
Finally, the credit card holder should give a call to the number 1-800-844-2723, to request the cancelation. The bank is looking forward to a call. Because they can offer another option instead of the existing card. In the meantime, make sure to settle all the outstanding balances of the credit card before canceling it. recommended store credit cards : ABC Warehouse Credit Card , Haband credit card