Alliant Credit Union Platinum Rewards Card Review

Alliant Credit Union Platinum Rewards Card is a rewards credit card issued by Alliant Credit Union. If you're wondering whether Alliant Credit Union Platinum Rewards Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• 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 Platinum Rewards Card has a variable purchase APR that ranges from 14.99% up to 24.99%.
• 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.
• 2% Balance transfer fee. Alliant Credit Union Platinum Rewards Card charges a fee of up to 2% on balance transfers. For example, a balance of $1,000 could cost up to $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.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

Alliant Credit Union Platinum Rewards Card Pros and Cons:

The Good	The Bad
Lower than average purchase APRs. Has an introductory APR rate on balance transfers of 5.99%. No annual fee. Offers auto rental collision damage waiver. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Alliant Credit Union Platinum Rewards Card reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.	Requires good to excellent credit. Charges a foreign transaction fee of 2%. Charges a 2% balance transfer fee.

Is there a Alliant Credit Union Platinum Rewards Card cash back or rewards program?

Alliant Credit Union Platinum Rewards Card offers a rewards program to its customers.

Alliant Credit Union Platinum Rewards Card Rewards

Rewards rate (all purchases)	2%
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	5000
Signup Bonus Spend Requirement	$500
Signup Bonus Spend Period (months)	3 months

What are the Alliant Credit Union Platinum Rewards Card benefits?

Alliant Credit Union Platinum Rewards Card 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 Platinum Rewards 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. Alliant Credit Union Platinum Rewards Card has lower than average purchase APRs.

Alliant Credit Union Platinum Rewards Card has a variable purchase APR that ranges from 14.99% up to 24.99%. The card has a variable balance transfer APR that ranges from 14.99% up to 24.99%. It also has a variable cash advance APR that ranges from 19.99% up to 24.99%. Note that late payments are subject to an APR of 24.99% 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 Platinum Rewards Card?

The following fees apply to Alliant Credit Union Platinum Rewards Card:

Alliant Credit Union Platinum Rewards Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	2%
Returned Payment Fee	up to $27
Late Payment Fee	up to $27

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

Alliant Credit Union Platinum Rewards 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 Alliant Credit Union Platinum Rewards Card

• Visit the Alliant Credit Union Platinum Rewards 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.