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  Commonwealth Credit Union Visa Platinum

Commonwealth Credit Union Visa Platinum

in Personal Credit Cards from CommonWealth Credit Union

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Commonwealth Credit Union Visa Platinum

Unaffiliated

in Personal Credit Cards from CommonWealth Credit Union

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Highlights
Purchase APR  (Variable APR) 11.15% - 22.25%
Balance Transfer APR  (Variable APR) Starting at 7.99%
Credit Score Range 500 - 600
Annual Fee N/A

Commonwealth Credit Union Visa Platinum Review

Commonwealth Credit Union Visa Platinum is a rewards credit card issued by CommonWealth Credit Union. If you're wondering whether Commonwealth Credit Union Visa Platinum 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 6 months , which is shorter than the average 0% APR period of 12 months.
  • 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 Platinum 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 7.99%.
  • Accepts cosigners. CommonWealth Credit Union is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
  • Airport Lounge Access. Benefits like airport lounge access can add luxury to your travel experience.
  • Multiple credit card benefits. Includes generous credit card perks, such as airline credit, access to a concierge, emergency support, identity theft protection, price protection, purchase protection, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
  • Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have good approval odds.
Commonwealth Credit Union Visa Platinum Pros & Cons
The Good The Bad
  • Lower than average purchase APRs.
  • 0% APR balance transfer intro rate on balance transfers for up to 6 months.
  • No balance transfer fee.
  • 0% APR on new purchases during the first 6 months.
  • Multiple credit card perks.
  • Airline Credit.
  • Access to a concierge.
  • Identity Theft Protection.
  • Travel accident and travel assistance insurance.
  • Trip cancellation insurance.
  • Considers applicants with fair or poor credit.
  • Cardholders can earn rewards on purchases everywhere Commonwealth Credit Union Visa Platinum is accepted.
  • Commonwealth Credit Union Visa Platinum reports to multiple credit bureaus.
  • Does not offer a signup bonus.
Commonwealth Credit Union Visa Platinum FAQ

Is there a Commonwealth Credit Union Visa Platinum cash back or rewards program?

Commonwealth Credit Union Visa Platinum offers a rewards program to its customers.

Commonwealth Credit Union Visa Platinum Rewards
Rewards rate (all purchases) N/A
Max rewards rate N/A
Annual rewards limit N/A

Does Commonwealth Credit Union Visa Platinum have a signup bonus?

Commonwealth Credit Union Visa Platinum doesn't offer a cash signup bonus.

Does Commonwealth Credit Union Visa Platinum offer an annual loyalty bonus?

Commonwealth Credit Union Visa Platinum doesn't offer a cash loyalty bonus.

What are the Commonwealth Credit Union Visa Platinum benefits?

Commonwealth Credit Union Visa Platinum provides the following benefits:

  • Emergency Support
  • Trip Cancellation Insurance
  • Zero fraud liability
  • Price Protection
  • Travel Accident Insurance
  • Cellular Telephone Protection
  • Travel Assistance
  • Reports to major credit bureaus

What are the relevant APRs for Commonwealth Credit Union Visa Platinum?

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

Commonwealth Credit Union Visa Platinum has a variable purchase APR that ranges from 11.15% up to 22.25%. The card has a variable balance transfer APR starting at 7.99% . It also has a variable cash advance APR starting at 18% .

Does Commonwealth Credit Union Visa Platinum have an introductory APR offer on balance transfers?

Yes, Commonwealth Credit Union Visa Platinum offers an introductory APR rate on balance transfers of 0% for a period of up to 6 months.

Commonwealth Credit Union Visa Platinum Balance Transfers
Description
Balance Transfer Fee % After Intro Period Starting at 7.99%
Balance Transfer Introductory APR 0%
Balance Transfer Intro APR Period 6 months
Balance Transfer APR Starting at 7.99%
Balance Transfer Fee % 0%

Does Commonwealth Credit Union Visa Platinum have an introductory APR offer on new purchases?

Commonwealth Credit Union Visa Platinum Purchase Intro Offer
Description
Introductory Rate 0%
Purchase Intro APR Period 6 months

This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 6 months.

What are the fees for Commonwealth Credit Union Visa Platinum?

The following fees apply to Commonwealth Credit Union Visa Platinum:

Commonwealth Credit Union Visa Platinum Fees
Fees Amount
Annual Fee
Returned Payment Fee up to $27

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

Yes, Commonwealth Credit Union Visa Platinum 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 Commonwealth Credit Union Visa Platinum

  • Visit the Commonwealth Credit Union Visa Platinum 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.

View Commonwealth Credit Union Visa Platinum's published terms & conditions.
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
  •   417 High St
    Frankfort, KY 40601
  •   Visit Site

Hours of Operation

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

Other Services by CommonWealth Credit Union

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Availability

  Available in 1 state
Kentucky
Availabile in all of Kentucky

Feature Breakdown

Every Purchase (Points) Starting at 1
Restaurants (Points) Starting at 2
Revolving Categories Redeem points in Online or Mobile Banking for cash back, gift cards, name-brand merchandise, travel services, and more
Gas (Points) Starting at 1
Eligible In-Store Purchases (Points) Starting at 1
Entertainment (Points) Starting at 2
Car Rentals (Points) Starting at 1
Amazon Purchases (Points) Starting at 1
Airfare (Points) Starting at 3
Every Purchase (Points) Earn 1 Point for every $1 you spend on all other purchases
Introductory Rate 0%
Purchase Intro APR Period (Variable APR) 6 months
No Annual Fee
No Foreign Transaction Fee
Cash Advance Fee Minimum $10
Cash Advance Fee (%) Starting at 3.00%
Minimum Cash Advance Fee ($) Starting at $10.00
Returned Payment Fee Up to $27
Late Fee Amount Starting at $25.00
Customer Type Personal
Minimum Age 18
Co-signing Allowed
Supported Income Types
  • Payroll Check or Prepaid Card
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 500 - 600
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Airline Credit
  • Airport Lounge Access
  • Cellular Telephone Protection
  • Concierge
  • Emergency Support
  • Fraud Liability
  • Identity Theft Protection
  • Price Protection
  • Purchase Protection
  • Travel Accident Insurance
  • Travel Assistance
  • Trip Cancellation Insurance
Rewards Rates
  • eBay Purchases
  • Entertainment
  • Every Purchase
  • Travel
  • Utilities
  • Shipping
  • Restaurants
  • Hotels
  • Airfare
  • Home Improvement Purchases
  • Groceries
  • Drug Store Purchases
  • Retail
  • Whole Foods Purchases
  • Online
Cash Advance APR (Variable APR) Starting at 18%
Balance Computation : We use a method called "average daily balance (including new purchases)."
Purchase APR (Variable APR) 11.15% - 22.25%
Balance Transfer Fee % After Intro Period Starting at 7.99%
Balance Transfer Introductory APR (Variable APR) 0%
Balance Transfer Intro APR Period (Variable APR) 6 months
Balance Transfer APR (Variable APR) Starting at 7.99%
Balance Transfer Fee % 0%
Card Type
  • Rewards
  • Balance Transfer
  • Travel
  • Bonus Offers
Card Network Visa

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