Andrews FCU Platinum Rewards Secured Visa® Credit Card

Andrews FCU Platinum Rewards Secured Visa® Credit Card Review

This is a secured credit card rewards card issued by Andrews Federal Credit Union. If you're wondering whether Andrews FCU Secured Visa Credit Card is the right card for you, read on.

Key Takeaways

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR starting at 18%
• 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. Andrews FCU Platinum Rewards Secured Visa® 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 $10.
• 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.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.

Pros & Cons of Andrews FCU Secured Visa Credit Card

The Good	The Bad
No annual fee. Offers auto rental collision damage waiver. Travel accident insurance. No foreign transaction fee. Cardholders can earn rewards on their purchases. Andrews FCU Platinum Rewards Secured Visa® Credit Card reports to multiple credit bureaus.	Higher than average purchase APRs. Does not offer a signup bonus. Charges a 2% balance transfer fee.

Andrews FCU Secured Visa Credit Card FAQ

Does Andrews FCU Secured Visa Credit Card have a cash back or rewards program?

Andrews FCU Secured Visa Credit Card is a rewards card.

Andrews FCU Secured Visa Credit Card Rewards

Minimum rewards rate	1x
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Andrews FCU Secured Visa Credit Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Travel Accident Insurance
• Reports to major credit bureaus

What are the relevant APRs for Andrews FCU Secured Visa 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 higher than average regular APRs.

Andrews FCU Platinum Rewards Secured Visa® Credit Card has a variable purchase APR starting at 18% . The card has a variable balance transfer APR starting at 18% . It also has a variable cash advance APR starting at 18% . Note that late payments are subject to an APR of 18% 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 Andrews FCU Secured Visa Credit Card?

The following fees apply:

Andrews FCU Secured Visa Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $25
Late Payment Fee	up to $25

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

Does Andrews FCU Platinum Rewards Secured Visa® Credit Card report your account activity to credit bureaus?

Yes, Andrews FCU Platinum Rewards Secured Visa® 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 Andrews FCU Secured Visa Credit Card

• Visit the Andrews FCU Secured Visa 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.