Commonwealth Credit Union Visa My Card

Commonwealth Credit Union Visa My Card Review

This is a credit card issued by We use a method called "average daily balance (including new purchases). If you're wondering whether Commonwealth Credit Union Visa My Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
• Competitive APRs. Commonwealth Credit Union Visa My Card has a variable purchase APR that ranges from 11.15% up to 22.25%.
• $0 Balance transfer fee. This card does not charge a fee on balance transfers. After the introductory period, the fee is 11.15%.
• Multiple credit card benefits. Includes generous credit card perks, such as and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

The Good	The Bad
Potentially lower than average purchase APRs. Has an introductory APR rate on balance transfers of 5.99%. No balance transfer fee. 0% APR on new purchases during the first 6 months. Multiple credit card perks. Considers applicants with fair credit. Commonwealth Credit Union Visa My Card reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase.

Does Commonwealth Credit Union Visa My Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Commonwealth Credit Union Visa My Card benefits?

It provides the following benefits:

• Reports to major credit bureaus

What are the relevant APRs for Commonwealth Credit Union Visa My Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Commonwealth Credit Union Visa My Card has a variable purchase APR that ranges from 11.15% up to 22.25%. The card has a variable balance transfer APR that ranges from 11.15% up to 22.25%. It also has a variable cash advance APR that ranges from 15.75% up to 22.25%.

What are the fees for Commonwealth Credit Union Visa My Card?

The following fees apply:

Commonwealth Credit Union Visa My Card Fees

Fees	Amount
Annual Fee
Returned Payment Fee	up to $27.00

Does Commonwealth Credit Union Visa My Card report your account activity to credit bureaus?

Yes, Commonwealth Credit Union Visa My Card reports your account activity to the following credit reporting agencies:

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 Commonwealth Credit Union Visa My Card

• Visit the Commonwealth Credit Union Visa My 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.