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  Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card

in Personal Credit Cards from Charlotte Metro Credit Union

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Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card

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in Personal Credit Cards from Charlotte Metro Credit Union

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Highlights
Purchase APR  (Variable APR) 14.95%
Balance Transfer APR  (Variable APR) 9.65% - 12.95%
Credit Score Range 600 - 850
Annual Fee $0

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card Review

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card is a rewards credit card issued by Charlotte Metro Credit Union. If you're wondering whether Charlotte Metro Federal Credit Union Visa Platinum 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
  • 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.
  • 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
  • Competitive APRs. Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card has a variable purchase APR of 14.95%
  • No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards 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. 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% every time you make a transaction outside the U.S.
  • Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, identity theft protection, and fraud protection.
  • Fair or better credit required. You will have good approval oods if your credit score is above600.
Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card Pros & Cons
The Good The Bad
  • Lower than average purchase APRs.
  • 0% APR balance transfer intro rate on balance transfers for up to 12 months.
  • No balance transfer fee.
  • 0% APR on new purchases during the first 12 months.
  • No annual fee.
  • Multiple credit card perks.
  • Offers auto rental collision damage waiver.
  • Identity Theft Protection.
  • Considers applicants with fair or poor credit.
  • Cardholders can earn rewards on purchases everywhere Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card is accepted.
  • Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 1%.
Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card FAQ

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

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card offers a rewards program to its customers.

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card Rewards
Minimum rewards rate 1x
Max rewards rate N/A
Annual rewards limit N/A

Does Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card have a signup bonus?

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card doesn't offer a cash signup bonus.

Does Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card offer an annual loyalty bonus?

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card doesn't offer a cash loyalty bonus.

What are the Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card benefits?

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card provides the following benefits:

  • Auto Rental Collision Damage Waiver
  • Zero fraud liability
  • Cellular Telephone Protection
  • Reports to major credit bureaus

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

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card has a variable purchase APR of 14.95%. The card has a variable balance transfer APR that ranges from 9.65% up to 12.95%. It also has a variable cash advance APR that ranges from 9.65% up to 12.95%. Note that late payments are subject to an APR of 17.95% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

Does Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card have an introductory APR offer on balance transfers?

Yes, Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card offers an introductory APR rate on balance transfers of 0% for a period of up to 12 months.

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card Balance Transfers
Description
Balance Transfer Fee % After Intro Period 0%
Balance Transfer Introductory APR 0%
Balance Transfer Intro APR Period 12 months
Balance Transfer APR 9.65% - 12.95%
Balance Transfer Fee Minimum $0
Balance Transfer Fee % 0%

Does Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card have an introductory APR offer on new purchases?

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card Purchase Intro Offer
Description
Introductory Rate 0%
Purchase Intro APR Period 12 months

This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 12 months.

What are the fees for Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card?

The following fees apply to Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card:

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 1%
Returned Payment Fee up to $25
Late Payment Fee up to $25

Does Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card have a foreign transaction fee?

Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card charges a foreign transaction fee of 1%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $20. 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 Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card report your account activity to credit bureaus?

Yes, Charlotte Metro Federal Credit Union Visa Platinum 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 may help improve your credit.

How to apply for Charlotte Metro Federal Credit Union Visa Platinum Rewards Credit Card

  • Visit the Charlotte Metro Federal Credit Union Visa Platinum 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 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

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:30pm
  • Tuesday 9:00am - 5:30pm
  • Wednesday 9:00am - 5:30pm
  • Thursday 9:00am - 5:30pm
  • Friday 9:00am - 6:00pm
  • Saturday Closed

Other Services by Charlotte Metro Credit Union

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Availability

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

Feature Breakdown

Every Purchase (Points) Starting at 1
Every Purchase (Points) Earn 1 Reward point for every $1 you spend
Introductory Rate 0%
Purchase Intro APR Period (Variable APR) 12 months
Cash Advance Fee Minimum $0
Cash Advance Fee (%) 0%
Minimum Cash Advance Fee ($) $0
No Annual Fee
Annual Fee $0
No Interest Grace Period for Late Payment 28 days
Foreign Currency Transaction Fee 1%
Returned Payment Fee Up to $25
Paper Statement Fee $5
Late Fee Amount Up to $25
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
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 600 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Identity Theft Protection
  • Auto Rental Collision Damage Waiver
  • Fraud Liability
  • Cellular Telephone Protection
Rewards Categories
  • Travel
  • Every Purchase
Cash Advance APR (Variable APR) 9.65% - 12.95%
Balance Computation "Average daily balance (including new purchases)."
Penalty APR (Variable APR) 17.95%
Purchase APR (Variable APR) 14.95%
Balance Transfer Fee % After Intro Period 0%
Balance Transfer Introductory APR (Variable APR) 0%
Balance Transfer Intro APR Period (Variable APR) 12 months
Balance Transfer APR (Variable APR) 9.65% - 12.95%
Balance Transfer Fee Minimum $0
Balance Transfer Fee % 0%
Card Type
  • Rewards
  • Low Interest
  • Zero Percent
Card Network Visa

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