BayPort Credit Union Mastercard® Platinum Cash Back Review

BayPort Credit Union Mastercard® Platinum Cash Back is a cashback credit card issued by BayPort Credit Union. If you're wondering whether BayPort Credit Union Mastercard® Platinum Cash Back is the right card for you, read on. This is everything you need to know to make a good choice.

• Competitive APRs. BayPort Credit Union Mastercard® Platinum Cash Back has a variable purchase APR that ranges from 8.99% up to 18.49%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your purchases, but you don't have to pay an annual fee for the privilege.
• $0 Balance transfer fee. This card does not charge a fee on balance transfers, if you transfer the balance within 0 day of opening the account. After the introductory period, the fee is 0%.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1.10% 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

Earn 3% cash back on the first $3,000 in new net purchases plus an extra 2% when buying groceries until March 31st. That’s up to $150 cash back! Lower than average purchase APRs. Has an introductory APR rate on balance transfers of 3.99%. No balance transfer fee, if you transfer the balance within 0 day. After the intro period, the fee is 0% with a minimum of $0. No annual fee. Identity Theft Protection. Cardholders can earn rewards on purchases everywhere BayPort Credit Union Mastercard® Platinum Cash Back is accepted. BayPort Credit Union Mastercard® Platinum Cash Back reports to multiple credit bureaus.

Does not offer a signup bonus. Charges a foreign transaction fee of 1.10%. Does not include many credit card benefits.

Is there a BayPort Credit Union Mastercard® Platinum Cash Back cash back or rewards program?

BayPort Credit Union Mastercard® Platinum Cash Back is a cashback card. This means you earn a percentage of your purchase as a cash reward. With BayPort Credit Union Mastercard® Platinum Cash Back you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash.

BayPort Credit Union Mastercard® Platinum Cash Back Rewards

Minimum rewards rate	1x
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	Up to $150
Signup Bonus Spend Requirement	$3000

What are the BayPort Credit Union Mastercard® Platinum Cash Back benefits?

BayPort Credit Union Mastercard® Platinum Cash Back provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for BayPort Credit Union Mastercard® Platinum Cash Back?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. BayPort Credit Union Mastercard® Platinum Cash Back has lower than average purchase APRs.

BayPort Credit Union Mastercard® Platinum Cash Back has a variable purchase APR that ranges from 8.99% up to 18.49%. The card has a variable balance transfer APR that ranges from 8.99% up to 18.49%%. It also has a variable cash advance APR that ranges from 8.99% up to 18.49%.

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for BayPort Credit Union Mastercard® Platinum Cash Back?

The following fees apply to BayPort Credit Union Mastercard® Platinum Cash Back:

• There is no overlimit fee

BayPort Credit Union Mastercard® Platinum Cash Back Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	1.10%
Returned Payment Fee	up to $20.00
Late Payment Fee	up to $20.00

Does BayPort Credit Union Mastercard® Platinum Cash Back report your account activity to credit bureaus?

Yes, BayPort Credit Union Mastercard® Platinum Cash Back 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 BayPort Credit Union Mastercard® Platinum Cash Back

• Visit the BayPort Credit Union Mastercard® Platinum Cash Back 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.