Addition Financial Credit Union Platinum Low Rate Credit Card Review

Addition Financial Credit Union Platinum Low Rate Credit Card is a credit card issued by Addition Financial Credit Union. If you're wondering whether Addition Financial Credit Union Platinum Low Rate Credit 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. Addition Financial Credit Union Platinum Low Rate Credit Card has a variable purchase APR that ranges from 10.25% up to 17.75%.
• 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 3% every time you make a transaction outside the U.S.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 650.

Addition Financial Credit Union Platinum Low Rate Credit Card Pros and Cons:

The Good	The Bad
Lower than average purchase APRs. No annual fee. Addition Financial Credit Union Platinum Low Rate Credit 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 3%. You don't earn rewards on every purchase. Does not include many credit card rewards.

Is there a Addition Financial Credit Union Platinum Low Rate Credit Card cash back or rewards program?

No, Addition Financial Credit Union Platinum Low Rate Credit Card does not offer a rewards program.

What are the Addition Financial Credit Union Platinum Low Rate Credit Card benefits?

Addition Financial Credit Union Platinum Low Rate Credit Card provides the following benefits:

• Zero fraud liability
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Addition Financial Credit Union Platinum Low Rate Credit 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. Addition Financial Credit Union Platinum Low Rate Credit Card has lower than average purchase APRs.

Addition Financial Credit Union Platinum Low Rate Credit Card has a variable purchase APR that ranges from 10.25% up to 17.75%. The card has a variable balance transfer APR that ranges from 10.25% up to 17.75%. It also has a variable cash advance APR that ranges from 10.25% up to 17.75%. Note that late payments are subject to an APR of 17.75% 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 Addition Financial Credit Union Platinum Low Rate Credit Card?

The following fees apply to Addition Financial Credit Union Platinum Low Rate Credit Card:

Addition Financial Credit Union Platinum Low Rate Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Returned Payment Fee	up to $27
Late Payment Fee	up to $38

Does Addition Financial Credit Union Platinum Low Rate Credit Card report your account activity to credit bureaus?

Addition Financial Credit Union Platinum Low Rate 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 can help improve your credit score.

How to apply for Addition Financial Credit Union Platinum Low Rate Credit Card

• Visit the Addition Financial Credit Union Platinum Low Rate 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 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.