Alliant Credit Union Visa® Platinum Rewards Credit Card

Alliant Credit Union Visa® Platinum Rewards Credit Card Review

This is a cashback credit card issued by Alliant Credit Union. If you're wondering whether Alliant Credit Union Visa® Platinum Rewards Credit Card is the right card for you, read on.

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• Signup bonus. Offers a signup bonus of 5000 points after spending $500 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Alliant Credit Union Visa® Platinum Rewards Credit Card has a variable purchase APR that ranges from 16.24% up to 26.24%.
• 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.
• 2% Balance transfer fee. Alliant Credit Union Visa® Platinum Rewards Credit Card charges a fee of 2% on balance transfers. For example, a balance of $1,000 could cost $20 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, identity theft protection, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

Pros & Cons of Alliant Credit Union Visa® Platinum Rewards Credit Card

Alliant Credit Union Visa® Platinum Rewards Credit Card FAQ

Does Alliant Credit Union Visa® Platinum Rewards Credit Card have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 2% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $20 back in cash.

What are the Alliant Credit Union Visa® Platinum Rewards Credit Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Alliant Credit Union Visa® Platinum Rewards Credit Card?

Alliant Credit Union Visa® Platinum Rewards Credit Card has a variable purchase APR that ranges from 16.24% up to 26.24%. The card has a variable balance transfer APR that ranges from 16.24% up to 26.24%. It also has a variable cash advance APR that ranges from 21.24% up to 27.24%. Note that late payments are subject to an APR of 28.24% 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 Alliant Credit Union Visa® Platinum Rewards Credit Card?

The following fees apply:

• There is no overlimit fee

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

Does Alliant Credit Union Visa® Platinum Rewards Credit Card report your account activity to credit bureaus?

Yes, Alliant Credit Union Visa® Platinum 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 Alliant Credit Union Visa® Platinum Rewards Credit Card

• Visit the Alliant Credit Union Visa® Platinum 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.