APG Federal Credit Union Visa Platinum Preferred Share Secured Card Review

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

Key Takeaways

• Up to 1% on every day purchases. This is what most credit cards offer in rewards on every day purchases.
• Signup bonus. Offers a signup bonus of 2500 that can be redeemed for travel, gifts, or other perks.
• 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.
• Poor credit. This card will consider people who have bad credit. Even if you have poor credit, you may still qualify.
• 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.

The Good	The Bad
Lower than average purchase APRs. No annual fee. Considers applicants with fair or poor credit. Earn rewards on every purchase. APG Federal Credit Union Visa Platinum Preferred Share Secured Card reports to multiple credit bureaus.	Does not offer rewards or cash back. Charges a foreign transaction fee of 1%. Does not include many credit card rewards.

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

No, APG Federal Credit Union Visa Platinum Preferred Share Secured Card does not offer a rewards program.

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

APG Federal Credit Union Visa Platinum Preferred Share Secured 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 Share Secured 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 Share Secured Card has lower than average purchase APRs.

APG Federal Credit Union Visa Platinum Preferred Share Secured Card has a variable purchase APR starting at 5.35% . The card has a variable balance transfer APR starting at 5.35% . It also has a variable cash advance APR starting at 5.35% . 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 Share Secured Card Balance Transfers

Description
Balance Transfer APR	Starting at 5.35%
Introductory Rate	N/A
Intro APR period (months)	N/A

APG Federal Credit Union Visa Platinum Preferred Share Secured Card Rates & Terms

Description
Balance Computation	average daily balance (including new purchases)
Purchase APR	Starting at 5.35%
Credit Limit	N/A
Penalty APR	18%
Cash Advance APR	Starting at 5.35%
Security Deposit	N/A
Introductory Rate	N/A
Intro APR period (months)	N/A

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

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

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

APG Federal Credit Union Visa Platinum Preferred Share Secured 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 Share Secured Card

• Visit the APG Federal Credit Union Visa Platinum Preferred Share Secured 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.