Community Resource Credit Union Secured MasterCard

Community Resource Credit Union Secured MasterCard Review

This is a secured credit card card issued by Community Resource Credit Union. If you're wondering whether Community Resource Credit Union Secured MasterCard is the right card for you, read on.

Key Takeaways

• 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.
• 2% Balance transfer fee. Community Resource Credit Union Secured MasterCard charges a fee of 2% on balance transfers. For example, a balance of $1,000 could cost $20 in transfer fees.
• 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.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
• Multiple credit card benefits. Includes generous credit card perks, such as Auto Rental Collision Damage Waiver, emergency support, identity theft protection, price protection, purchase security, and fraud protection.

Pros & Cons of Community Resource Credit Union Secured MasterCard

Community Resource Credit Union Secured MasterCard FAQ

Does Community Resource Credit Union Secured MasterCard have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Community Resource Credit Union Secured MasterCard benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Zero fraud liability
• Price Protection
• Cell Phone Protection

What are the relevant APRs for Community Resource Credit Union Secured MasterCard?

What are the fees for Community Resource Credit Union Secured MasterCard?

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 card.

Does Community Resource Credit Union Secured MasterCard report your account activity to credit bureaus?

Community Resource Credit Union Secured MasterCard does not report to any of the major credit bureaus. Creditors are not required to report payment activity to credit bureaus. However, making regular on-time payments to a creditor that reports to one or more credit bureaus may help improve your credit.

How to apply for Community Resource Credit Union Secured MasterCard

• Visit the Community Resource Credit Union Secured MasterCard 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.