Addition Financial Credit Union Visa® Premier Rewards Credit Card Review

This is a rewards credit card issued by Addition Financial Credit Union. If you're wondering whether Addition Financial Credit Union Visa® Premier Rewards Credit Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• Generous reward rate. You will get a rewards rate of up to 5 reward points per dollar spent.
• Signup bonus. Offers a signup bonus of 10000 points after spending $1,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Addition Financial Credit Union Visa® Premier Rewards 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 rewards card. It gives you rewards on your purchases, 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.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, emergency support, travel accident insurance, travel assistance, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

The Good

The Bad

Potentially lower than average purchase APRs. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Access to a concierge. Travel accident and travel assistance insurance. No foreign transaction fee. Cardholders can earn rewards on purchases everywhere Addition Financial Credit Union Visa® Premier Rewards Credit Card is accepted. Addition Financial Credit Union Visa® Premier Rewards Credit Card reports to multiple credit bureaus.

Requires good to excellent credit.

Does Addition Financial Credit Union Visa® Premier Rewards Credit Card have a cash back or rewards program?

Addition Financial Credit Union Visa® Premier Rewards Credit Card is a rewards card.

Addition Financial Credit Union Visa® Premier Rewards Credit Card Rewards

Minimum rewards rate	1x
Max rewards rate	5x
Annual rewards limit	N/A
Signup Bonus (Points/Miles)	10000
Signup Bonus Spend Requirement	$1000
Signup Bonus Spend Period (months)	3 months

What are the Addition Financial Credit Union Visa® Premier Rewards Credit Card benefits?

It provides the following benefits:

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

What are the relevant APRs for Addition Financial Credit Union Visa® Premier Rewards 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.

Addition Financial Credit Union Visa® Premier Rewards 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 Visa® Premier Rewards Credit Card?

The following fees apply:

Addition Financial Credit Union Visa® Premier Rewards Credit Card Fees

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

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

Does Addition Financial Credit Union Visa® Premier Rewards Credit Card report your account activity to credit bureaus?

Yes, Addition Financial Credit Union Visa® Premier Rewards 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 Credit Union Visa® Premier Rewards Credit Card

• Visit the Addition Financial Credit Union Visa® Premier Rewards 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.