Addition Financial CU Visa® Cash Credit Card

Addition Financial CU Visa® Cash Credit Card Review

This is a cashback card issued by Addition Financial Credit Union. If you're wondering whether Addition Financial CU Visa® Cash Credit Card is the right card for you, read on.

Key Takeaways

• Generous reward rate. You can get a maximum cashback rewards rate of up to 3x.
• Signup bonus. Offers a signup bonus of up to $100 if you spend $500 within 3 months.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.25% up to 17.75%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• $0 Balance transfer fee. This card does not charge a fee on balance transfers.
• 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.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, emergency support, extended warranty protection on purchases, identity theft protection, travel assistance, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

Pros & Cons of Addition Financial CU Visa® Cash Credit Card

Addition Financial CU Visa® Cash Credit Card FAQ

Does Addition Financial CU Visa® Cash Credit Card have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 3% for purchases in a bonus category.

What are the Addition Financial CU Visa® Cash Credit Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Cell Phone Protection
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Addition Financial CU Visa® Cash Credit Card?

Addition Financial CU Visa® Cash Credit Card has a variable purchase APR that ranges from 17.25% up to 17.75%. The card has a variable balance transfer APR that ranges from 17.25% up to 17.75%. It also has a variable cash advance APR that ranges from 17.25% 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 CU Visa® Cash Credit Card?

The following fees apply:

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

Does Addition Financial CU Visa® Cash Credit Card report your account activity to credit bureaus?

Yes, Addition Financial CU Visa® Cash 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 Addition Financial CU Visa® Cash Credit Card

• Visit the Addition Financial CU Visa® Cash 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.