Best Credit Cards for Nurses
Welcome Nurses!
Your job is rigorous enough – underpaid and over-worked – that you could use a break with finding a credit card that is specific to the nurse community. Fortunately, many National and state nurse associations have partnered with credit card issuers to offer credit cards which benefit those organizations.
Current Industry Credit Card Interest Rate Averages:
Average consumer credit card rate (non-reward): 12.38%
Average reward credit card rate: 14.38%
Average student credit card rate: 14.41%
Updated 6/28/08
The ANA represents the interests of the nation's 2.9 million registered nurses through its 54 constituent member nurses associations. The ANA advances the nursing profession by lobbying the Congress and regulatory agencies on health care issues affecting nurses and the public. ANA offers an attractive credit card offer through GE Money. You have the opportunity to redeem points for ANA associated benefits like your membership fee.
American Nurses Association Card - FYI, the ANA also offers Online Banking programs, read more here
Examples of rewards offered with the ANA credit card
Canadian Nurses Association Card
Other Specific Nurse Association Credit Cards:
National Student Nurses Association Card
Oncology Nurses Society Card
Nursing WorldPoints Card
Registered Nurse Card
Feel free to use CompareCard.com's credit card recommeder to find the best card for your particular needs.
Below you will find links directly to the individual application pages for state nursing association credit card. Many of these are sponsored by the national ANA. Each of these credit cards is administered through Bank of America and affiliated with their WorldPoints program. Also, you can compare the benefits of a state card versus other general nurse association cards.
Alabama State Nurses' Association credit card application (via WorldPoints PlatinumPlus Mastercard)
Alaska Nurses Association
Arizona Nurses Association
California Nurses Association
Colorado Nurses Association
Connecticut Nurses Association
Florida Nurses Association
Georgia Nurses Association
Indiana State Asssociation
Iowa Nurses Association
Kansas State Nurses Association
Kentucky Nurses Association
Louisiana State Nurses Association
Maine State Nurses Association
Massachusetts Nurses Association
Michigan Nurses Association
Nebraska Nurses Association
Nevada Nurses Association
New Mexico Nurses Association
New York State Nurses Association
North Carolina Nurses Association
Oklahoma Nurses Association
Pennsylvania Nurses Association
South Dakota Nurses Association
Tennessee Nurses Association
Vermont State Nurses Association
Virginia Nurses Association
CREDIT SCORING UPDATE: Given the recent mortgage crisis and credit crunch, Fair Isacc Corp., responsible for the FICO credit score, has changed how they evaluate candidates. This is definitely something to consider when applying for any new financial product such as a credit card, mortgage, or auto loan.
NEW FICO 2008 standards
Main reason for modifications to scoring criteria: Fair Isaac is attempting to do a better job of predicting the likelihood of borrower default. According to the company, 90% of the 100 largest banks use their credit score as the main basis for a credit decision.
Credit scores will rise, if:
• A Consumer miss payments only every so often
• Applying for credit from multiple sources (won’t be penalized as much)
• A Consumer has a mix of credit such as mortgage, credit card and auto loan
• 90 days late on only one account and good standing on others
Credit scores will drop, if:
• A Consumer frequently misses payments
• Account balances are near their limit of available credit
• 90 days late and delinquent or over 30 days on other accounts
• A consumer is an authorized user on multiple accounts not in their name
You can read more about this from the Wall Street Journal Article: Default Lines: The New Math of Credit Scores
