Citizens National Bank of Cheboygan Platinum Visa Review

Citizens National Bank of Cheboygan Platinum Visa is a credit card issued by Elan Financial Services. If you're wondering whether Citizens National Bank of Cheboygan Platinum Visa is the right card for you, read on. This is everything you need to know to make a good choice.

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 20 months, which is longer than the average 0% APR period of 12 months.
• Competitive APRs. Citizens National Bank of Cheboygan Platinum Visa has a variable purchase APR that ranges from 13.49% up to 23.49%.
• 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.
• 3% Balance transfer fee. Citizens National Bank of Cheboygan Platinum Visa charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $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 2% 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
Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 20 months. No annual fee. Citizens National Bank of Cheboygan Platinum Visa reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 2%. You don't earn rewards on every purchase. Charges a 3% balance transfer fee. Does not include many credit card benefits.

Is there a Citizens National Bank of Cheboygan Platinum Visa cash back or rewards program?

No, Citizens National Bank of Cheboygan Platinum Visa does not offer a rewards program.

What are the relevant APRs for Citizens National Bank of Cheboygan Platinum Visa?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Citizens National Bank of Cheboygan Platinum Visa has lower than average purchase APRs.

Citizens National Bank of Cheboygan Platinum Visa has a variable purchase APR that ranges from 13.49% up to 23.49%. The card has a variable balance transfer APR that ranges from 13.49% up to 23.49%. It also has a variable cash advance APR of 23.99% .

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

What are the fees for Citizens National Bank of Cheboygan Platinum Visa?

The following fees apply to Citizens National Bank of Cheboygan Platinum Visa:

• There is no overlimit fee

Citizens National Bank of Cheboygan Platinum Visa Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Initial Program Fee	$0
Foreign Transaction Fee	2%
Returned Payment Fee	$35
Late Payment Fee	$40

Does Citizens National Bank of Cheboygan Platinum Visa report your account activity to credit bureaus?

Yes, Citizens National Bank of Cheboygan Platinum Visa 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 Citizens National Bank of Cheboygan Platinum Visa

• Visit the Citizens National Bank of Cheboygan Platinum Visa 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.