CoVantage Great Rate Visa® Credit Card

CoVantage Great Rate Visa® Credit Card Review

This is a card issued by CoVantage Credit Union. If you're wondering whether CoVantage Great Rate Visa Credit Card is the right card for you, read on.

Key Takeaways

• Competitive APRs. CoVantage Great Rate Visa® Credit Card has a variable purchase APR that ranges from 11.24% up to 14.24%.
• 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.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as emergency support, extended warranty protection on purchases, identity theft protection, travel assistance, and fraud protection.

Pros & Cons of CoVantage Great Rate Visa Credit Card

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Multiple credit card perks. Extended warranty on purchases. Identity Theft Protection. Travel assistance insurance No foreign transaction fee. CoVantage Great Rate Visa® Credit 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.

CoVantage Great Rate Visa Credit Card FAQ

Does CoVantage Great Rate Visa Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the CoVantage Great Rate Visa Credit Card benefits?

It provides the following benefits:

• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for CoVantage Great Rate Visa Credit 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.

CoVantage Great Rate Visa® Credit Card has a variable purchase APR that ranges from 11.24% up to 14.24%. The card has a variable balance transfer APR that ranges from 11.24% up to 14.24%. It also has a variable cash advance APR that ranges from 11.24% up to 14.24%.

What are the fees for CoVantage Great Rate Visa Credit Card?

The following fees apply:

CoVantage Great Rate Visa Credit Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$
Initial Program Fee	$
Foreign Transaction Fee	0%
Returned Payment Fee	$
Late Payment Fee	Starting at up to $10

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does CoVantage Great Rate Visa® Credit Card report your account activity to credit bureaus?

Yes, CoVantage Great Rate Visa® Credit Card 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 CoVantage Great Rate Visa Credit Card

• Visit the CoVantage Great Rate Visa Credit 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.