Alliant Credit Union Cashback Visa® Signature Credit Card Review

This is a cashback credit card issued by Alliant Credit Union. If you're wondering whether Alliant Credit Union Cashback Visa® Signature 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.

• Competitive APRs. Alliant Credit Union Cashback Visa® Signature Credit Card has a variable purchase APR that ranges from 12.24% up to 22.24%.
• Cash rewards. This credit card offers cash rewards on your purchases, but you will have to pay an annual fee of up to $99 for the privilege.
• Annual fee waived the first year. Alliant Credit Union Cashback Visa® Signature Credit Card gives you the chance to have the card for a year without paying the $0 annual fee.
• 3% Balance transfer fee. Alliant Credit Union Cashback Visa® Signature Credit Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees.
• 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.
• Accepts cosigners. Alliant Credit Union is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, 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.

The Good	The Bad
Lower than average purchase APRs. Annual fee waived during the first year. Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty on purchases. Identity Theft Protection. Travel accident and travel assistance insurance. No foreign transaction fee. Alliant Credit Union Cashback Visa® Signature Credit Card reports to multiple credit bureaus.	Requires good to excellent credit. Does not offer a signup bonus. Charges a 3% balance transfer fee.

Does Alliant Credit Union Cashback Visa® Signature Credit Card have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 2.5% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $25 back in cash.

What are the Alliant Credit Union Cashback Visa® Signature Credit Card benefits?

It provides the following benefits:

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

What are the relevant APRs for Alliant Credit Union Cashback Visa® Signature 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. It has lower than average regular APRs.

It has a variable purchase APR that ranges from 12.24% up to 22.24%. The card has a variable balance transfer APR that ranges from 12.24% up to 22.24%. It also has a variable cash advance APR that ranges from 20.24% up to 24.24%. Note that late payments are subject to an APR of 25.24% 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 Cashback Visa® Signature Credit Card?

The following fees apply:

• There is no overlimit fee

Alliant Credit Union Cashback Visa® Signature Credit Card Fees

Fees	Amount
Annual Fee	Starting at $0 up to $99
Overlimit Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $27
Late Payment Fee	up to $27

Does Alliant Credit Union Cashback Visa® Signature Credit Card report your account activity to credit bureaus?

Yes, Alliant Credit Union Cashback Visa® Signature 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 Cashback Visa® Signature Credit Card

• Visit the Alliant Credit Union Cashback Visa® Signature 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.