Personal Credit Card FAQ  

What are the benefits to using a credit card from an online bank?
Your account information is available to you online 24 hours a day, seven days a week.

What is the optional credit account protection plan?
The credit account protection plan will pay your minimum monthly VISA payment (up to $500) in the case of disability or involuntary unemployment. It will pay off your balance (up to $10,000) in the case of death.

How does the Cash Back Rewards program work?
With each purchase you make with your Principal Bank VISA card, you'll earn a certain percent cash back (1.25% with the Platinum VISA card, .75% with the Classic VISA card) which may be applied toward one of the following Principal products:

  • Contributions to a Principal Mutual Fund
  • Principal payment on a Principal Bank Consumer Loan
  • Principal payment on a Principal Mortgage Loan
  • Deposit in a Principal Bank deposit account
  • Contribution to a Principal Variable Annuity contract
  • Contribution to a Principal Variable Life policy
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