Addition Financial Credit Union Premier Cash Credit Card Review

Addition Financial Credit Union Premier Cash Credit Card is a cashback credit card issued by Addition Financial Credit Union. If you're wondering whether Addition Financial Credit Union Premier Cash Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Generous reward rate. You will get a cashback rewards rate of up to 3%.
• Earn 1% cash back on everyday purchases.
• Signup bonus. Offers a signup bonus of $100 if you spend $500 within 3 months.
• Competitive APRs. Addition Financial Credit Union Premier Cash Credit Card has a variable purchase APR that ranges from 15.75% 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.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, emergency support, extended warranty protection on purchases, travel assistance, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

Addition Financial Credit Union Premier Cash Credit Card Pros and Cons:

The Good	The Bad
Lower than average purchase APRs. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Access to a concierge. Extended warranty on purchases. Travel assistance insurance Earn rewards on every purchase. Addition Financial Credit Union Premier Cash Credit Card reports to multiple credit bureaus.	Requires good to excellent credit. Does not offer rewards or cash back. Charges a foreign transaction fee of 3%.

Is there a Addition Financial Credit Union Premier Cash Credit Card cash back or rewards program?

No, Addition Financial Credit Union Premier Cash Credit Card does not offer a rewards program. Addition Financial Credit Union Premier Cash Credit Card is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Addition Financial Credit Union Premier Cash Credit Card you receive 1% cash back on every 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 Credit Union Premier Cash Credit Card benefits?

Addition Financial Credit Union Premier Cash Credit Card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Cellular Telephone Protection
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Addition Financial Credit Union Premier Cash 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 Premier Cash Credit Card has lower than average purchase APRs.

Addition Financial Credit Union Premier Cash Credit Card has a variable purchase APR that ranges from 15.75% up to 17.75%. The card has a variable balance transfer APR that ranges from 15.75% up to 17.75%. It also has a variable cash advance APR that ranges from 15.75% 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 Premier Cash Credit Card?

The following fees apply to Addition Financial Credit Union Premier Cash Credit Card:

Addition Financial Credit Union Premier Cash 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 Premier Cash Credit Card report your account activity to credit bureaus?

Addition Financial Credit Union Premier 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 can help improve your credit.

How to apply for Addition Financial Credit Union Premier Cash Credit Card

• Visit the Addition Financial Credit Union Premier 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 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.