SuperMoney
  BayPort Credit Union Mastercard® Platinum Secured

BayPort Credit Union Mastercard® Platinum Secured

in Personal Credit Cards from BayPort Credit Union

Unaffiliated

BayPort Credit Union Mastercard® Platinum Secured

Unaffiliated

in Personal Credit Cards from BayPort Credit Union

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend BayPort Credit Union Mastercard® Platinum Secured to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Purchase APR  (Variable APR) 14.99%
Balance Transfer APR  (Variable APR) 14.99%
Credit Score Range 350 - 600
Annual Fee $0

BayPort Credit Union Mastercard® Platinum Secured Review

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

Key Takeaways
  • Competitive APRs. BayPort Credit Union Mastercard® Platinum Secured has a variable purchase APR of 14.99%
  • No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, 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. 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.
  • 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.
  • 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.
  • Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still qualify.
BayPort Credit Union Mastercard® Platinum Secured Pros & Cons
The Good The Bad
  • Lower than average purchase APRs.
  • Has an introductory APR rate on balance transfers of 3.99%.
  • No balance transfer fee.
  • No annual fee.
  • Multiple credit card perks.
  • Offers auto rental collision damage waiver.
  • Extended warranty on purchases.
  • Identity Theft Protection.
  • Travel accident and travel assistance insurance.
  • Considers applicants with fair or poor credit.
  • BayPort Credit Union Mastercard® Platinum Secured reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • Charges a foreign transaction fee of 1.10%.
  • You don't earn rewards on every purchase.
BayPort Credit Union Mastercard® Platinum Secured FAQ

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

No, BayPort Credit Union Mastercard® Platinum Secured does not offer a rewards program.

What are the BayPort Credit Union Mastercard® Platinum Secured benefits?

BayPort Credit Union Mastercard® Platinum Secured 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 BayPort Credit Union Mastercard® Platinum Secured?

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 Secured has lower than average purchase APRs.

BayPort Credit Union Mastercard® Platinum Secured has a variable purchase APR of 14.99%. The card has a variable balance transfer APR of 14.99% . It also has a variable cash advance APR of 14.99% .

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

Does BayPort Credit Union Mastercard® Platinum Secured have an introductory APR offer on balance transfers?

Yes, BayPort Credit Union Mastercard® Platinum Secured offers an introductory APR rate on balance transfers of 3.99% for a period of up to 12 months.

BayPort Credit Union Mastercard® Platinum Secured Balance Transfers
Description
Balance Transfer Fee % After Intro Period 0%
Balance Transfer Introductory APR 3.99%
Balance Transfer Intro APR Period 12 months
Balance Transfer APR 14.99%
Balance Transfer Fee Minimum $0
Balance Transfer Fee % 0%

Does BayPort Credit Union Mastercard® Platinum Secured have an introductory APR offer on new purchases?

BayPort Credit Union Mastercard® Platinum Secured does not offer an introductory rate on new purchases.
BayPort Credit Union Mastercard® Platinum Secured Purchase Intro Offer
Description

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

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

  • There is no overlimit fee
BayPort Credit Union Mastercard® Platinum Secured 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 Secured have a foreign transaction fee?

BayPort Credit Union Mastercard® Platinum Secured charges a foreign transaction fee of 1.10%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $22. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.

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

Yes, BayPort Credit Union Mastercard® Platinum Secured 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 Secured

  • Visit the BayPort Credit Union Mastercard® Platinum Secured 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.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

  • Headquarters
  •   One BayPort Way, Suite 350
    Newport News, VA 23606
  •   Visit Site

Other Services by BayPort Credit Union

Icon for Personal Credit Cards
View all personal credit cards offered by BayPort Credit Union

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Cash Advance Fee Minimum $0
Cash Advance Fee (%) 0%
Minimum Cash Advance Fee ($) $0
No Annual Fee
Annual Fee $0
Minimum Interest Charge $0
Over-Limit Fee $0
No Interest Grace Period for Late Payment 25 days
Foreign Currency Transaction Fee 1.10%
Returned Payment Fee Up to $20.00
Late Fee Amount Up to $20.00
Customer Type Personal
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 350 - 600
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Extended Warranty Protection
  • Fraud Liability
  • Identity Theft Protection
  • Purchase Protection
  • Travel Accident Insurance
  • Travel Assistance
Rewards Type No Rewards
Cash Advance APR (Variable APR) 14.99%
Balance Computation "average daily balance (including new purchases)."
Penalty APR (Variable APR) 0%
Purchase APR (Variable APR) 14.99%
Balance Transfer Fee % After Intro Period 0%
Balance Transfer Introductory APR (Variable APR) 3.99%
Balance Transfer Intro APR Period (Variable APR) 12 months
Balance Transfer APR (Variable APR) 14.99%
Balance Transfer Fee Minimum $0
Balance Transfer Fee % 0%
Card Type
  • Secured
  • Balance Transfer
Card Network Mastercard

Be the first to rate

 

Would you recommend BayPort Credit Union Mastercard® Platinum Secured to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Personal Credit Cards

BayPort Credit Union Personal Credit Cards

Loading...