First Electronic Bank on Your Credit Report: One Issuer, Two Very Different Card Portfolios

Two people can look at the same unfamiliar issuer name on a credit report for completely opposite reasons. One applied for an airline card with a Visa Infinite metal face and a lounge benefit. The other applied for a starter card advertised to people rebuilding after a rough few years. Both can end up staring at First Electronic Bank, a Salt Lake City industrial bank neither of them has ever contacted. This page explains why, shows you how to work out which of your cards the line refers to, and sets out the dispute route that carries legal weight. We act for consumers only, and only where the reporting is inaccurate. If the card is yours and the history is right, there is no case here.

Who is First Electronic Bank, and why is it on your credit report?

First Electronic Bank is a Utah state-chartered, FDIC-insured industrial bank based in Salt Lake City. Its address is 2150 South 1300 East, Suite 400, Salt Lake City, Utah 84106, its telephone number is (801) 572-4004, and its published general contact address is information@firstelectronic.com. The bank says it has been operating for over twenty years.

An industrial bank — an industrial loan company, in the older terminology — is a state-chartered institution that can take deposits and extend credit but whose parent is not required to be a bank holding company. Utah has long been the principal home of the charter, which is why so many card programs marketed by non-bank companies are legally issued out of Salt Lake City.

The bank describes itself as having partnered with fintechs and lenders nationwide to issue compliant, scalable and consumer-focused financial products, and describes the customers it reaches as running from prime to subprime consumers and from general-purpose credit to point-of-need installment loans. Read that sentence twice — it is the whole explanation for why the name confuses such different people.

You are seeing First Electronic on your report because it is the legal issuer of a card that somebody else designed, advertised and services. The plastic in your wallet says one thing. The credit file records the entity that extended the credit.

Program managers: why the company that answers the phone is not the issuer

Between the bank and you sits a layer most consumers never learn the name of: the program manager. A program manager builds the card product, runs the application flow and the mobile app, negotiates the co-brand deal with the airline or retailer, handles customer service and manages the day-to-day. The bank issues.

First Electronic works with the program managers Cardless and Imprint on a substantial share of its co-brand portfolio. If you have a card from an airline or a retailer and you have never heard either of those names, that is normal — they are deliberately invisible, because the point of the arrangement is that the brand appears to run its own card.

Three consequences follow, and the third one is the one that matters legally. First, the servicing number on your statement is usually the program manager's, and it is the fastest way to get an answer about a specific charge. Second, the brand's own customer service often cannot see your account at all. Third — and this is where people lose disputes — the entity with a legal duty to investigate is whichever one transmits your data to the credit bureaus, which may be the bank, the program manager, or a purchaser of the receivables. That question has an answer, and you are entitled to ask for it.

This structure is not unique to First Electronic. Our pages on WebBank, Celtic Bank and Cross River Bank cover the other issuers most likely to appear on a file for a card you remember by a different name.

The airline, hotel and retail co-brands First Electronic issues

Here is where the confusion usually starts for a consumer with good credit. First Electronic issues a broad slate of travel and retail co-brand cards, and every one of them is marketed under a name that is not the bank's.

On the airline side that includes the Turkish Airlines Miles&Smiles Premier Visa Signature, the Avianca LifeMiles American Express cards in both Elite and standard versions, the Qatar Airways Privilege Club Visa in Infinite and Signature versions, the TAP Miles&Go American Express, and the LATAM Airlines Mastercard in World Elite and standard versions.

On the hotel, travel and retail side: the World of Westgate Mastercard, the Holiday Inn Club Vacations World Mastercard, Booking.com Genius Rewards, the Simon American Express, H-E-B, Rakuten American Express, the Eddie Bauer World Mastercard, the Brooks Brothers World Mastercard and the Horizon Hobby Visa. It also issues the Coinbase One Card, and a Fetch American Express was announced for the fall of 2025.

The practical point: if you carry a co-brand card for a foreign airline or a specialty retailer, check whether First Electronic is its issuer before you conclude the line on your report is fraud. The open date, the credit limit and the last four digits will settle it in under a minute.

Destiny Mastercard and the other end of the same balance sheet

The same bank issues the Destiny Mastercard, a card marketed to consumers with damaged credit. The Consumer Financial Protection Bureau's public credit card agreement database carries the agreement under the heading identifying it as the Destiny Mastercard agreement of First Electronic Bank.

Destiny is a different product in every respect that matters to a cardholder — a modest limit, an annual fee, no rewards, and a target customer who has been declined elsewhere. It is serviced by a third party rather than by the bank, which is the same servicer that handles several other subprime programs. Our Concora Credit and Genesis FS page covers that servicer and what its corporate rename did to tradelines.

Why put these two portfolios on one page? Because the shared issuer produces a specific and unpleasant confusion. A consumer who once had a Destiny card and later opens an airline co-brand can see the same issuer name attached to both, years apart, and cannot tell from the report which is which. So can a consumer looking at a tradeline from a card they closed and forgot.

The discipline is the same in both directions. Never identify a tradeline by the issuer name. Identify it by open date, credit limit, original balance and last four digits — the fields that stay attached to the account through every rename, sale and program change.

The non-card programs that also put a First Electronic Bank name on your report

Credit cards are not the only route by which this bank reaches a credit file. First Electronic Bank is also named as the issuing or originating institution behind installment products sold under brands most consumers would never connect to a Salt Lake City industrial bank.

• Afterpay Pay Monthly — Afterpay's Pay Monthly product is underwritten and issued by First Electronic Bank, with an APR reported up to 36%. Afterpay's standard four-payment plans are a different product and are not furnished the same way, so a First Electronic Bank tradeline points to Pay Monthly rather than to ordinary Pay-in-4 use.
• OppLoans (OppFi) — OppFi's bank servicing disclosures name First Electronic Bank, at 2150 S 1300 E, Suite 400, Salt Lake City, as one of three originating institutions, together with FinWise Bank and Quill Bank, formerly Capital Community Bank.

Check the open date, the original amount and the payment against whichever of those products you actually used. If none of them matches, and none of the card programs above matches either, you are not looking at a naming quirk, and the dispute you file with the bureaus should say so in those terms.

The 2015 FDIC order and its termination in 2018

Public records show that the Federal Deposit Insurance Corporation issued a Consent Order and Order for Restitution against First Electronic Bank on December 7, 2015, and that the FDIC terminated that order on August 17, 2018. The termination order identifies the bank as an insured state nonmember bank in Salt Lake City, Utah.

We are going to be unusually strict about what we say next, because this is exactly the kind of item that gets repeated carelessly across the internet. We could not retrieve the 2015 order itself, and the termination document does not describe what the original order concerned. So we are not going to tell you what the bank was alleged to have done. Anyone who does tell you, without citing the underlying order, is guessing.

What the record does support is narrow and worth stating fairly in both directions. A consent order was entered, restitution was ordered, and the FDIC terminated the order less than three years later. A regulator terminates an order when it is satisfied the terms have been met. The termination is as much a part of the record as the order, and it is the more recent fact.

None of this establishes anything about how the bank reports to the credit bureaus, and it should never be cited in a dispute as though it did. Your dispute has to prove that a specific field on your specific tradeline is wrong. Regulatory history is background; it is not evidence about your account.

What the FCRA requires once you dispute a First Electronic Bank tradeline

Two provisions carry the weight, and they attach to different companies. Sending the dispute to the right place is the difference between a claim and a form letter.

15 U.S.C. 1681i attaches to the credit reporting agency. On receiving your dispute it must reinvestigate free of charge, ordinarily within thirty days, extended to forty-five where you supply additional material during the period. It must forward all relevant information you provided to the furnisher, and it must delete or modify any item it cannot verify.

15 U.S.C. 1681s-2(b) attaches to the furnisher. Once the bureau notifies it of your dispute, the furnisher must investigate, review the information the bureau forwarded, report the results, and correct or delete inaccurate, incomplete or unverifiable information with every nationwide bureau it reported to. The obligation is to conduct a reasonable investigation, not merely to reconfirm the file already sent.

In a program-managed card the routing question is unavoidable: the furnisher is whichever company transmits the data. That may be the issuing bank, the program manager, the servicer or a purchaser of the receivables. None of them satisfies the statute by pointing at another one, and "that program is administered by a partner" is not an investigation. If you do not know who furnishes, ask the servicer directly and in writing.

One trap ends claims before they begin. Section 1681s-2(a), the duty to furnish accurate information in the first instance, is not privately enforceable by consumers. Only a dispute routed through a credit reporting agency triggers the duty you can sue on. Where the violation is negligent, section 1681o allows actual damages plus attorney's fees; where it is willful, section 1681n allows statutory damages of $100 to $1,000 per violation and punitive damages.

Is the First Electronic Bank account on your report actually yours?

Sort your situation into one of these before writing to anyone, because the remedies are not interchangeable.

• It is yours, and the co-brand hid it. You opened an airline, hotel or retailer card and the issuing bank is what reports. Match the open date, the credit limit and the last four digits to the card. If they align, the entry belongs on your file — read every field on it anyway.
• It is yours, and it is the subprime card you forgot. A Destiny or similar starter card, opened years ago, possibly closed. Closed accounts in good standing legitimately remain on a report for up to ten years, so age alone is not an error.
• It is yours, but a field is wrong. A credit limit reported as zero, which inflates your utilization and drags your score for no reason. A balance surviving a payoff. Late marks in months you paid. A charge-off on a settled account. A re-aged date of first delinquency. Each is specific and provable.
• It is not yours at all. Card applications are approved on identifiers, and bureau matching logic sometimes merges a stranger's file into yours. For fraud, see our identity theft credit report page and the four-business-day block under section 1681c-2. For a merged file, see mixed credit file cases, where the bureau's matching is the real defendant.

The credit limit field deserves its own warning. A revolving account reported with a zero or blank limit can be scored as though it were maxed out, which means a card you barely use can cost you real points. It is one of the most common and most fixable errors on a revolving tradeline, and almost nobody checks it.

Disputing a First Electronic Bank entry, step by step

Pull all three reports at AnnualCreditReport.com. Furnishing in program-managed card portfolios is uneven, so an error frequently sits on one bureau's file and not the others, and a single-bureau score app will never show it to you.

Work out which card the line is. Compare open date, credit limit and last four digits against every card you hold and every one you have closed in the past decade. If you still cannot place it, call the servicing number on the account and ask two questions in this order: which brand this account was issued under, and which company transmits the monthly data to the credit bureaus.

Then name the defect precisely. "This account is inaccurate" gives a furnisher nothing to look at. "The credit limit is reported as $0; the limit is $2,500 and has been since the account opened on March 4, 2022" gives it nowhere to go. State the field, the reported value, the correct value and the proof.

Send the dispute in writing to every credit reporting agency showing the error. That is what triggers section 1681i and, through it, the furnisher's section 1681s-2(b) duty. Attach the cardmember agreement, statements showing the limit and the payments, a payoff or settlement letter, a bankruptcy discharge order, or an FTC identity theft report as applicable. Our credit dispute letter guide lays out the structure.

Mail certified with return receipt and keep an intact copy of the whole package. Proof of what the bureau received and when is often worth more in litigation than the wording of the letter. If a bureau verifies the item and it is still wrong, get advice rather than resending the same letter — repeated identical disputes may be treated as frivolous and stop generating obligations.

How The Kim Law Firm handles First Electronic Bank reporting problems

We represent consumers nationwide and act only for the plaintiff. The First Electronic matters that become cases involve reporting that is demonstrably wrong: a credit limit reported as zero, a paid or settled balance still showing as owed, late marks in months your statements show payment, one account reported by both the issuer and a debt buyer, a re-aged date of first delinquency, a charge-off on an account that was never charged off, a card opened through an application you never submitted, or a debt discharged in bankruptcy still reported as outstanding.

Admitted in Pennsylvania and New Jersey; available to appear pro hac vice in other federal courts.

We do not help remove accurate negative information. If the card is yours and the delinquency happened, no lawyer can lawfully make it disappear, and we would rather say that on the first call than after you have paid for a consultation.

Where the reporting is inaccurate and a properly routed dispute left the error in place, you may be entitled to actual damages — credit denied, a higher interest rate, a lost apartment or job, and the emotional harm courts have long recognized in FCRA cases — together with attorney's fees and costs. Because the statute shifts fees when a consumer prevails, we work on contingency: no fee unless we win.

Our FCRA lawyer guide explains how a case unfolds, and the credit reporting errors overview covers the patterns we see most. Other banks and lenders we handle appear on our creditors and lenders page. When you are ready, contact us for a free review.

First Electronic Bank phone number, address and the cards it issues

The question people actually ask about this bank is not how to reach it. It is which credit cards it issues — because First Electronic Bank's name appears on credit reports and cardholder agreements for cards sold under airline, hotel and retailer brands that never mention the bank in their advertising. This page answers that question from the disclosures the companies involved publish themselves.

The phone number and address First Electronic Bank publishes

• First Electronic Bank: 801-572-4004, also written (801) 572-4004 or 8015724004.
• Address: 2150 S 1300 E, Suite 400, Salt Lake City, UT 84106.
• Email published by the bank: information@firstelectronic.com.

The Federal Deposit Insurance Corporation lists First Electronic Bank at 2150 S 1300 E, Salt Lake City, UT 84106, under FDIC certificate number 35533, established October 5, 2000, active. The bank's own site is at the .bank domain; the .com address redirects to it.

The 801 area code is Utah, consistent with the Salt Lake City address. First Electronic Bank publishes no separate credit bureau dispute address and no separate fraud line.

The two card program operators, and their service numbers

First Electronic Bank's own cardholder agreements page names exactly two card program operators and publishes a customer service number for each:

• Imprint: 888-410-3664, also written (888) 410-3664 or 8884103664.
• Cardless: 888-227-3537, also written (888) 227-3537 or 8882273537.

The bank's page carries a disclaimer that those destinations are not part of FirstElectronic.com. That is the ordinary arrangement: the bank issues the account, and a separate company operates the program and handles the servicing a cardholder actually experiences.

Which cards First Electronic Bank issues

Imprint states in its own legal disclosures that the Turkish Airlines Miles&Smiles Visa Signature Card, H-E-B Visa Signature Card, Booking.com Genius Rewards Visa Signature Card and Horizon Hobby Visa Card are issued by First Electronic Bank pursuant to a license from Visa U.S.A. Inc. Imprint further states that the Holiday Inn Club Vacations World Mastercard, World of Westgate World Mastercard, Brooks Brothers and World Mastercard are issued by First Electronic Bank pursuant to a license from Mastercard International Incorporated, and that the Rakuten American Express Card and Fetch American Express Card are issued by First Electronic Bank pursuant to a license from American Express and are powered by Imprint Payments, Inc. Imprint's program list also includes the Shell Performance Elite World Mastercard, Central Market Visa Signature, CB2 Visa Signature and Crate & Barrel Visa Signature.

Cardless lists the Alibaba.com Business Edge Card, Avianca LifeMiles American Express Elite and American Express Cards, Qatar Airways Privilege Club Infinite and Signature Cards, TAP Miles&Go American Express Card, and LATAM Airlines World Elite Mastercard and Mastercard. Cardless states that it is the servicer of the Bilt Cards, which are issued by Column N.A., Member FDIC, and that all other cards it offers are issued by First Electronic Bank pursuant to license from Mastercard International Incorporated, or from Visa U.S.A. Inc., or from American Express.

Read that last sentence precisely. Cardless does not map each individual program to a specific bank, so this page will not claim that any particular Cardless card is a First Electronic account. What the disclosure establishes is that Cardless cards other than the Bilt Cards are issued by First Electronic Bank. Your own cardholder agreement names the issuer for your account, and that is the document that settles it.

The bank's own partnership material describes the kinds of programs it runs rather than naming brands: co-branded and private label cards, debit, credit and prepaid, consumer and commercial, issuance on the Visa, Mastercard and American Express networks, buy-now-pay-later, point-of-sale financing, and small business lines of credit. Brand rosters change, so treat the lists above as accurate to the disclosures as published and confirm your own account against your agreement.

Why the bank's name matters on a credit report

A cardholder who signed up for an airline or retailer card generally thinks of the account by the brand on the plastic. The credit report may show the issuing bank instead, or the program operator, or an abbreviation of one of them. That is not an error, and it is the reason an account can look missing when it is present under a name the consumer did not think to search.

The reverse case is the one that matters legally. If a First Electronic Bank entry appears on a report and you have never held any of the cards above, the account did not come from a name you forgot — it came from an application, and an application you did not make is an identity theft problem rather than a customer service problem.

Where a First Electronic Bank credit report dispute actually goes

With no dedicated credit bureau dispute address published, the routing rule is decisive rather than optional. Under the Fair Credit Reporting Act, a furnisher's obligation to investigate is triggered when the dispute reaches it from a credit bureau, not when it arrives in the mail from you directly.

Dispute in writing with Equifax, Experian and TransUnion. Send a copy to First Electronic Bank at 2150 S 1300 E, Suite 400, Salt Lake City, UT 84106 so the issuing bank holds its own dated record, and send a copy to the program operator that services the card — Imprint or Cardless, at the numbers and through the addresses on your statement. Keep proof of every mailing. A direct letter is worth sending because it establishes what the furnisher was told and when, but on its own it does not start the investigation the statute requires.

Numbers and addresses that are not on this list

Banks and the companies that operate card programs on their behalf use outbound calling vendors and short-code messaging services, so a legitimate call or text about a First Electronic Bank issued card can come from a number that appears nowhere in the bank's published material. An unlisted number is not proof of a scam, and a number that matches this list is not proof the caller is genuine — caller ID is trivially spoofed. If you want to be certain, hang up and call the number printed on the back of your card.

Numbers circulating on directory sites and forums as First Electronic Bank service or dispute lines are not listed here. Where a number is published nowhere official we do not assert it, because search volume on a phone number is evidence that people are receiving calls from it — not evidence that it belongs to the company those callers name.

There is a different problem worth separating out. If a First Electronic Bank entry appears on a report when you never applied for any card, a hard inquiry generally stays on a credit report for two years, and the Fair Credit Reporting Act permits a consumer report to be obtained only for a permissible purpose. An inquiry from an issuer you never applied to is itself a problem under the statute, separate from the account.

To check what you are actually looking at:

• Pull all three reports at AnnualCreditReport.com and search for First Electronic Bank, for Imprint and Cardless, and for the brand name on every co-branded card you hold.
• Read the cardholder agreement to confirm which bank issued the account, then compare that against the name on the tradeline.
• Compare the three reports against each other. An account opened without your authorization frequently appears on one bureau before the others, and that difference is often the whole story.
• Dispute with the credit bureaus in writing, and send a copy to First Electronic Bank at 2150 S 1300 E, Suite 400, Salt Lake City, UT 84106.
• Keep the dispute letters, the bureau responses and the envelopes. The paper trail is what establishes what the furnisher knew and when.

An account opened in your name without your authorization is an identity theft problem on your credit report, and the Fair Credit Reporting Act provides rights against both the furnisher and the bureaus that continue reporting it after a dispute.

Frequently asked questions

Why is First Electronic Bank on my credit report?

Because it is the legal issuer of a card that another company markets and services. First Electronic is a Utah industrial bank that issues both travel and retail co-brand cards, largely through the program managers Cardless and Imprint, and the subprime Destiny Mastercard. Your credit report records the issuing bank, not the brand printed on the card.

Which cards does First Electronic Bank issue?

Its published co-brand slate includes Turkish Airlines Miles&Smiles, Avianca LifeMiles, Qatar Airways Privilege Club, TAP Miles&Go, LATAM Airlines, World of Westgate, Holiday Inn Club Vacations, Booking.com Genius Rewards, Simon, H-E-B, Rakuten, Eddie Bauer, Brooks Brothers, Horizon Hobby and the Coinbase One Card. It separately issues the Destiny Mastercard, a card aimed at consumers rebuilding credit.

Is First Electronic Bank a real bank?

Yes. It is a Utah state-chartered, FDIC-insured industrial bank in Salt Lake City at 2150 South 1300 East, Suite 400, reachable at (801) 572-4004, and it has operated for more than twenty years. It is not a debt collector and it is not a scam, though most of the consumers whose cards it issues have never heard of it.

Did the FDIC take action against First Electronic Bank?

The FDIC issued a Consent Order and Order for Restitution against the bank on December 7, 2015 and terminated that order on August 17, 2018. We could not retrieve the 2015 order itself and the termination document does not describe what it concerned, so we will not characterize the conduct. The termination indicates the regulator was satisfied the terms had been met, and none of it says anything about the accuracy of what the bank reports to the credit bureaus.

My First Electronic card shows a $0 credit limit. Is that worth disputing?

Yes. A revolving account reported with a zero or blank credit limit can be scored as though it were maxed out, which lowers your score even when the card carries little or no balance. Dispute it in writing with each bureau, state the actual limit, give the date it took effect, and attach a statement showing it. It is one of the most fixable errors on a card tradeline.

What credit cards does First Electronic Bank issue?

Imprint states in its own legal disclosures that the Turkish Airlines Miles and Smiles Visa Signature Card, H-E-B Visa Signature Card, Booking.com Genius Rewards Visa Signature Card and Horizon Hobby Visa Card are issued by First Electronic Bank under license from Visa, and that the Holiday Inn Club Vacations World Mastercard, World of Westgate World Mastercard, Brooks Brothers and World Mastercard are issued by First Electronic Bank under license from Mastercard. Imprint also states that the Rakuten American Express Card and Fetch American Express Card are issued by First Electronic Bank. Cardless states that it services the Bilt Cards, which are issued by Column N.A., and that all other cards it offers are issued by First Electronic Bank.

What is First Electronic Bank's phone number and address?

First Electronic Bank publishes the telephone number 801-572-4004, the address 2150 S 1300 E, Suite 400, Salt Lake City, UT 84106, and the email address information@firstelectronic.com. The FDIC lists the bank at 2150 S 1300 E, Salt Lake City, UT 84106 under certificate number 35533, established October 5, 2000. The bank publishes no separate credit bureau dispute address and no separate fraud line.

Who services a First Electronic Bank credit card?

First Electronic Bank's own cardholder agreements page names two card program operators and publishes a customer service number for each: Imprint at 888-410-3664 and Cardless at 888-227-3537. The bank issues the account and the program operator handles the servicing a cardholder actually experiences. The bank's page notes that those destinations are not part of its own website.

Why does First Electronic Bank appear on my credit report?

A cardholder who signed up for an airline, hotel or retailer card generally thinks of the account by the brand printed on the card, while the credit report may show the issuing bank or the program operator instead. That is not an error, and it is why an account can look missing when it is present under a name you did not think to search. If a First Electronic Bank entry appears and you have never held any card it issues, the entry came from an application, which is an identity theft question rather than a customer service question.

Where do I send a First Electronic Bank credit report dispute?

The bank publishes no dedicated credit bureau dispute address. Under the Fair Credit Reporting Act a furnisher's duty to investigate is triggered when the dispute reaches it from a credit bureau, not when it arrives directly from you, so dispute in writing with Equifax, Experian and TransUnion first. Send a copy to First Electronic Bank at 2150 S 1300 E, Suite 400, Salt Lake City, UT 84106 and a copy to the program operator that services the card, Imprint or Cardless, using the contact details on your statement.

Location does not limit us. The Kim Law Firm represents consumers across the country in Fair Credit Reporting Act matters, working from our offices in Philadelphia, Pennsylvania. If a First Electronic Bank entry on your credit report shows a limit, balance, status or payment history that is wrong, or a card you never opened, and disputing it has not fixed it, we would like to hear from you.