121 Financial Credit Union Visa Platinum Secured Card Review

121 Financial Credit Union Visa Platinum Secured Card is a credit card issued by 121 Financial Credit Union. If you're wondering whether 121 Financial Credit Union Visa Platinum Secured Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Competitive APRs. 121 Financial Credit Union Visa Platinum Secured Card has a variable purchase APR of 14.4%
• No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1% every time you make a transaction outside the U.S.
• Accepts cosigners. 121 Financial Credit Union is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still qualify.

121 Financial Credit Union Visa Platinum Secured Card Pros and Cons:

The Good	The Bad
Lower than average purchase APRs. No annual fee. Considers applicants with fair or poor credit. 121 Financial Credit Union Visa Platinum Secured Card reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 1%. You don't earn rewards on every purchase. Does not include many credit card rewards.

Is there a 121 Financial Credit Union Visa Platinum Secured Card cash back or rewards program?

No, 121 Financial Credit Union Visa Platinum Secured Card does not offer a rewards program.

What are the 121 Financial Credit Union Visa Platinum Secured Card benefits?

121 Financial Credit Union Visa Platinum Secured Card provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for 121 Financial Credit Union Visa Platinum Secured Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. 121 Financial Credit Union Visa Platinum Secured Card has lower than average purchase APRs.

121 Financial Credit Union Visa Platinum Secured Card has a variable purchase APR of 14.4%. The card has a variable balance transfer APR of 14.4% . It also has a variable cash advance APR of 14.4% . Note that late payments are subject to an APR of 17.9% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for 121 Financial Credit Union Visa Platinum Secured Card?

The following fees apply to 121 Financial Credit Union Visa Platinum Secured Card:

• There is no overlimit fee

121 Financial Credit Union Visa Platinum Secured Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	1%
Returned Payment Fee	up to $25
Late Payment Fee	up to $25

Does 121 Financial Credit Union Visa Platinum Secured Card report your account activity to credit bureaus?

121 Financial Credit Union Visa Platinum Secured Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit.

How to apply for 121 Financial Credit Union Visa Platinum Secured Card

• Visit the 121 Financial Credit Union Visa Platinum Secured Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.