Salt Lake City-based First Electronic Bank collaborates with financial technology companies like Cardless, Concora, and Imprint to issue a variety of credit cards. Its offerings include credit-building cards, co-branded travel cards, and store cards tailored to specific customer needs.
The Destiny Mastercard®, managed by Concora, targets those building or repairing credit but comes with high fees, including a $175 first-year annual fee and monthly charges thereafter. For travelers, First Electronic Bank’s co-branded airline cards include options like the Turkish Airlines Miles&Smiles Premier Visa and several Cardless-issued cards for international carriers, though they lack perks like lounge access.
Store credit cards, such as Cardless’ Simon American Express Card, offer cash back on purchases at Simon Centers, while Imprint provides branded cards for stores like H-E-B and Eddie Bauer. Hotel-focused cards include Imprint’s World of Westgate Mastercard, which caters to timeshare owners.
These niche products reward brand loyalty but may not suit all users. General rewards cards often offer more flexibility and lower fees. For those with no credit, alternatives to the high-cost Destiny Mastercard® might be a better fit.
