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  Eastern Bank Max Cash Preferred Card
Eastern Bank Max Cash Preferred Card Unaffiliated

Eastern Bank Max Cash Preferred Card

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Highlights
Purchase APR  (Variable APR) 17.49% - 27.49%
(Verified 09/25/2022)
Balance Transfer APR  (Variable APR) 17.49% - 27.49%
(Verified 09/25/2022)
Credit Score Range Starting at 650
Annual Fee $0

Eastern Bank Max Cash Preferred Card Review

This is a cashback credit card issued by Eastern Bank. If you're wondering whether Eastern Bank Max Cash Preferred Card is the right card for you, read on.

Key Takeaways

  • 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
  • High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.49% up to 27.49%.
  • No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
  • 3% Balance transfer fee. Eastern Bank Max Cash Preferred Card charges a fee of 3% on balance transfers, if you transfer the balance within 366 days of opening the account. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
  • Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of Eastern Bank Max Cash Preferred Card

The Good The Bad
  • 0% APR balance transfer intro rate on balance transfers for up to 12 months.
  • No annual fee.
  • Higher than average purchase APRs.
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 2%.
  • Does not report to credit bureaus.
  • Charges a 3% balance transfer fee, if you transfer the balance within 366 days of opening the account.
  • Does not include many credit card benefits.

Eastern Bank Max Cash Preferred Card FAQ

Does Eastern Bank Max Cash Preferred Card have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.

What are the Eastern Bank Max Cash Preferred Card benefits?

It provides the following benefits:

  • Zero fraud liability

What are the relevant APRs for Eastern Bank Max Cash Preferred 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 higher than average regular APRs.

Eastern Bank Max Cash Preferred Card has a variable purchase APR that ranges from 17.49% up to 27.49%. The card has a variable balance transfer APR that ranges from 17.49% up to 27.49%. It also has a variable cash advance APR of 28.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

Does Eastern Bank Max Cash Preferred Card have an intro APR offer on balance transfers?

Yes, it offers an intro APR rate on balance transfers of 0% for a period of up to 12 months.

Eastern Bank Max Cash Preferred Card Balance Transfers
Description
Balance Transfer Fee Intro Period 366 days
Balance Transfer Introductory APR 0%
Balance Transfer Intro APR Period 12 months
Balance Transfer APR 17.49% - 27.49%
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%

Does Eastern Bank Max Cash Preferred Card have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for Eastern Bank Max Cash Preferred Card?

The following fees apply:

Eastern Bank Max Cash Preferred Card Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 2%
Returned Payment Fee up to $41
Late Payment Fee up to $41

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

Does Eastern Bank Max Cash Preferred Card have a foreign transaction fee?

Eastern Bank Max Cash Preferred Card charges a foreign transaction fee of 2%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $40. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge foreign transaction fees.

What is the customer service phone number for Eastern Bank Max Cash Preferred Card?

The Eastern Bank Max Cash Preferred Card customer service number is (800) 327-8376.

What is the support contact email for Eastern Bank Max Cash Preferred Card?

The support contact email for Eastern Bank Max Cash Preferred Card is socialwebteam@easternbank.com.

What is the Eastern Bank Max Cash Preferred Card login page?

You can access the Eastern Bank Max Cash Preferred Card login page here.

How do people rate the customer service and user experience of Eastern Bank Max Cash Preferred Card?

We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.

How to apply for Eastern Bank Max Cash Preferred Card

  • Visit the Eastern Bank Max Cash Preferred 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.

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

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 4:00pm
  • Tuesday 9:00am - 4:00pm
  • Wednesday 9:00am - 4:00pm
  • Thursday 9:00am - 4:00pm
  • Friday 9:00am - 5:00pm
  • Saturday 9:00am - 12:00pm

Other Services by Eastern Bank

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View all credit cards offered by Eastern Bank

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Cash Advance Fee Minimum $10
Cash Advance Fee (%) 5%
Minimum Cash Advance Fee ($) $10
Foreign Currency Transaction Fee 2%
No Annual Fee
Annual Fee $0
Minimum Interest Charge $1
No Interest Grace Period for Late Payment 24 days
Returned Payment Fee Up to $41
Late Fee Amount Up to $41
Customer Type Personal
Minimum Age 18
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 650 -
Credit Card Benefits
  • Fraud Liability
Rewards Categories
  • 5% Cash Back on Internet / Cable / Phone Services
  • 2% Cash Back on Gas
  • 2% Cash Back on Groceries
  • 2% Cash Back on Restaurants
  • 1% Cash Back on Every Purchase
Cash Advance APR (Variable APR) 28.99%
APR Type Variable APR
Penalty APR (Variable APR) 0%
Purchase APR (Variable APR) 17.49% - 27.49%
(Verified 09/25/2022)
Balance Transfer Fee Intro Period 366 days
Balance Transfer Introductory APR (Variable APR) 0%
Balance Transfer Intro APR Period (Variable APR) 12 months
Balance Transfer APR (Variable APR) 17.49% - 27.49%
(Verified 09/25/2022)
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%
Card Type
  • Cashback
  • Bonus Offers
Card Network Visa

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