APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card Review

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

Key Takeaways

• No annual fee. This is a great options for people looking for a low-maintenance rewards card. It gives rewards on your purchases but you don't have to pay an annual fee for the privilege.
• Up to 1% on every day purchases. This is what most credit cards offer in rewards on every day purchases.
• 0% balance transfer intro rate. Offers an introductory APR rate on balance transfers of 0% for up to 15 months , which is longer than the average 0% APR period of 12 months.
• Competitive APRs. APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card has a variable purchase APR of up to 17.99%.
• Charges foreign transaction fees. Avoid using this card when traveling outside the U.S. because it charges a commission of 1% every time you make a transaction outside the U.S.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 650.

The Good	The Bad
Lower than average purchase APRs. No annual fee. Has an introductory APR rate on balance transfers of 0%. Earn rewards on every purchase. APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.	Does not offer a signup bonus. Charges a foreign transaction fee of 1%. Does not include many credit card rewards.

Is there a APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card cash back or rewards program?

APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card offers a rewards program to its customers.

APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card benefits?

APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for APG Federal Credit Union Visa Platinum Preferred Rewards Credit 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. APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card has lower than average purchase APRs.

APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card has a variable purchase APR that ranges from 11.99% up to 17.99%. The card has a variable balance transfer APR that ranges from 10.49% up to 17.99%. It also has a variable cash advance APR that ranges from 10.49% up to 17.99%. 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.

APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card Balance Transfers

Description
Balance Transfer APR	10.49% - 17.99%
Introductory Rate	0%
Intro APR period (months)	15

APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card Rates & Terms

Description
Balance Computation	average daily balance (including new purchases)
Purchase APR	11.99% - 17.99%
Credit Limit	50000
Penalty APR	18%
Cash Advance APR	10.49% - 17.99%
Security Deposit	N/A
Introductory Rate	0%
Intro APR period (months)	15

What are the APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card fees?

The following fees apply to APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card:

APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	1%
Balance Transfer Fee	3%
Returned Payment Fee	$20
Late Payment Fee	$25

Does APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card report your account activity to credit bureaus?

APG Federal Credit Union Visa Platinum Preferred 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 can help improve your credit score.

How to apply for APG Federal Credit Union Visa Platinum Preferred Rewards Credit Card

• Visit the APG Federal Credit Union Visa Platinum Preferred 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 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.