Congressional FCU Visa Signature Cash Rewards

Congressional FCU Visa Signature Cash Rewards Review

This is a cashback card issued by Congressional Federal Credit Union. If you're wondering whether Congressional FCU Visa Signature Cash Rewards is the right card for you, read on.

Key Takeaways

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
• Competitive APRs. Congressional FCU Visa Signature Cash Rewards has a variable purchase APR that ranges from 12.15% up to 18%.
• 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 rental insurance, airline credit, access to a concierge, emergency support, extended warranty protection on purchases, identity theft protection, purchase protection, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Congressional FCU Visa Signature Cash Rewards

The Good

The Bad

Potentially lower than average purchase APRs. Has an introductory APR rate on balance transfers of 3.99%. No balance transfer fee. 0% APR on new purchases during the first 6 months. There is then a variable purchase APR that ranges from 12.15% up to 18%. Multiple credit card perks. Airline Credit. Offers auto rental collision damage waiver. Access to a concierge. Extended warranty on purchases. Identity Theft Protection. Travel accident and travel assistance insurance. Trip cancellation insurance. Considers applicants with fair credit. Cardholders can earn rewards on purchases everywhere Congressional FCU Visa Signature Cash Rewards is accepted. Congressional FCU Visa Signature Cash Rewards reports to multiple credit bureaus.

Does not offer a signup bonus.

Congressional FCU Visa Signature Cash Rewards FAQ

Does Congressional FCU Visa Signature Cash Rewards have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive Receive 10,000 rewards points after spending $1000 or more within 90 days% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $0 back in cash.

Congressional FCU Visa Signature Cash Rewards Rewards

Minimum rewards rate	Receive 10,000 rewards points after spending $1000 or more within 90 daysx
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Congressional FCU Visa Signature Cash Rewards benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Trip Cancellation Insurance
• Zero fraud liability
• Travel Accident Insurance
• Cell Phone Protection
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Congressional FCU Visa Signature Cash Rewards?

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.

Congressional FCU Visa Signature Cash Rewards has a variable purchase APR that ranges from 12.15% up to 18%. The card has a variable balance transfer APR that ranges from 12.15% up to 18%. It also has a variable cash advance APR that ranges from 12.15% up to 18%.

What are the fees for Congressional FCU Visa Signature Cash Rewards?

The following fees apply:

Congressional FCU Visa Signature Cash Rewards Fees

Fees	Amount
Annual Fee
Late Payment Fee	up to $25

Does Congressional FCU Visa Signature Cash Rewards report your account activity to credit bureaus?

Yes, Congressional FCU Visa Signature Cash Rewards 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 Congressional FCU Visa Signature Cash Rewards

• Visit the Congressional FCU Visa Signature Cash Rewards 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.