121 Financial CU Visa® Platinum Credit Card

121 Financial CU Visa® Platinum Credit Card Review

This is a secured credit card card issued by 121 Financial Credit Union. If you're wondering whether 121 Financial CU Visa® Platinum Credit Card is the right card for you, read on.

Key Takeaways

• Competitive APRs. 121 Financial CU Visa® Platinum Credit Card has a variable purchase APR of 8.99%
• 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.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• 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.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have relatively good approval odds.

Pros & Cons of 121 Financial CU Visa® Platinum Credit Card

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Identity Theft Protection. Considers applicants with fair credit. No foreign transaction fee. 121 Financial CU Visa® Platinum Credit Card reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase. Does not include many credit card benefits.

121 Financial CU Visa® Platinum Credit Card FAQ

Does 121 Financial CU Visa® Platinum Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the 121 Financial CU Visa® Platinum Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for 121 Financial CU Visa® Platinum Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

121 Financial CU Visa® Platinum Credit Card has a variable purchase APR of 8.99%. The card has a variable balance transfer APR of 8.99% . It also has a variable cash advance APR of 8.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for 121 Financial CU Visa® Platinum Credit Card?

The following fees apply:

• There is no overlimit fee

121 Financial CU Visa® Platinum Credit Card Fees

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

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does 121 Financial CU Visa® Platinum Credit Card report your account activity to credit bureaus?

Yes, 121 Financial CU Visa® Platinum Credit 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 may help improve your credit.

How to apply for 121 Financial CU Visa® Platinum Credit Card

• Visit the 121 Financial CU Visa® Platinum Credit 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.