Alliance CU Premier Rewards American Express

Alliance CU Premier Rewards American Express Review

This is a rewards credit card issued by Alliance Credit Union. If you're wondering whether Alliance CU Premier Rewards American Express is the right card for you, read on.

Key Takeaways

• Generous reward rate. You can get a rewards rate of up to 4 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. Alliance CU Premier Rewards American Express has a variable purchase APR that ranges from 15.49% up to 24.49%.
• Annual fee waived the first year. Alliance CU Premier Rewards American Express gives you the chance to have the card for a year without paying the $99 annual fee.
• 3% Balance transfer fee. Alliance CU Premier Rewards American Express charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
• 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.
• Airport Lounge Access. Benefits like airport lounge access can add luxury to your travel experience.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, extended warranty protection on purchases, identity theft protection, purchase protection, 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.

Pros & Cons of Alliance CU Premier Rewards American Express

The Good

The Bad

Potentially lower than average purchase APRs. Annual fee waived during the first year. Multiple credit card perks. Offers auto rental collision damage waiver. Access to a concierge. Extended warranty on purchases. Identity Theft Protection. Travel accident and travel assistance insurance. No foreign transaction fee. Cardholders can earn rewards on purchases everywhere Alliance CU Premier Rewards American Express is accepted. Alliance CU Premier Rewards American Express reports to multiple credit bureaus.

You need good credit to qualify. Charges an annual fee of $99 Charges a 3% balance transfer fee.

Alliance CU Premier Rewards American Express FAQ

Does Alliance CU Premier Rewards American Express have a cash back or rewards program?

Alliance CU Premier Rewards American Express is a rewards card.

Alliance CU Premier Rewards American Express Rewards

Minimum rewards rate	1x
Max rewards rate	4x
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	10000
Signup Bonus Spend Requirement	$1000
Signup Bonus Spend Period (months)	3 months

What are the Alliance CU Premier Rewards American Express benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Alliance CU Premier Rewards American Express?

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.

Alliance CU Premier Rewards American Express has a variable purchase APR that ranges from 15.49% up to 24.49%. The card has a variable balance transfer APR that ranges from 15.49% up to 24.49%. It also has a variable cash advance APR of 25.49% .

What are the fees for Alliance CU Premier Rewards American Express?

The following fees apply:

Alliance CU Premier Rewards American Express Fees

Fees	Amount
Annual Fee	$99
Foreign Transaction Fee	0%
Returned Payment Fee	up to $35
Late Payment Fee	up to $39

Does Alliance CU Premier Rewards American Express report your account activity to credit bureaus?

Yes, Alliance CU Premier Rewards American Express 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 Alliance CU Premier Rewards American Express

• Visit the Alliance CU Premier Rewards American Express 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.