Berkshire Bank Visa Signature® Max Cash Preferred Credit Card

Berkshire Bank Visa Signature® Max Cash Preferred Credit Card Review

This is a cashback credit card issued by Berkshire Bank. If you're wondering whether Berkshire Bank Visa Signature® Max Cash Preferred Credit Card is the right card for you, read on.

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
• Signup bonus. Offers a signup bonus of up to $150 if you spend $500 within 3 months.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 18.74% up to 28.74%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Berkshire Bank Visa Signature® Max Cash Preferred Credit Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of Berkshire Bank Visa Signature® Max Cash Preferred Credit Card

Berkshire Bank Visa Signature® Max Cash Preferred Credit Card FAQ

Does Berkshire Bank Visa Signature® Max Cash Preferred Credit Card have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 2% for purchases in a bonus category.

What are the Berkshire Bank Visa Signature® Max Cash Preferred Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Berkshire Bank Visa Signature® Max Cash Preferred Credit Card?

Berkshire Bank Visa Signature® Max Cash Preferred Credit Card has a variable purchase APR that ranges from 18.74% up to 28.74%. The card has a variable balance transfer APR that ranges from 18.74% up to 28.74%. It also has a variable cash advance APR of 30.24% .

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

What are the fees for Berkshire Bank Visa Signature® Max Cash Preferred Credit Card?

The following fees apply:

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

Does Berkshire Bank Visa Signature® Max Cash Preferred Credit Card report your account activity to credit bureaus?

Yes, Berkshire Bank Visa Signature® Max Cash Preferred 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 Berkshire Bank Visa Signature® Max Cash Preferred Credit Card

• Visit the Berkshire Bank Visa Signature® Max Cash Preferred 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.