Empower Federal Credit Union Platinum Mastercard

Empower Federal Credit Union Platinum Mastercard Review

This is a rewards credit card issued by Empower Federal Credit Union. If you're wondering whether Empower Federal Credit Union Platinum Mastercard is the right card for you, read on.

Key Takeaways

• Competitive APRs. Empower Federal Credit Union Platinum Mastercard has a variable purchase APR that ranges from 11.49% up to 17.99%.
• 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 access to a concierge, extended warranty protection on purchases, identity theft protection, price protection, purchase protection, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Empower Federal Credit Union Platinum Mastercard

The Good

The Bad

Potentially lower than average purchase APRs. Multiple credit card perks. Access to a concierge. Extended warranty and price protection on purchases. Identity Theft Protection. Considers applicants with fair credit. Cardholders can earn rewards on purchases everywhere Empower Federal Credit Union Platinum Mastercard is accepted. Empower Federal Credit Union Platinum Mastercard reports to multiple credit bureaus.

Does not offer a signup bonus.

Empower Federal Credit Union Platinum Mastercard FAQ

Does Empower Federal Credit Union Platinum Mastercard have a cash back or rewards program?

Empower Federal Credit Union Platinum Mastercard is a rewards card.

Empower Federal Credit Union Platinum Mastercard Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Empower Federal Credit Union Platinum Mastercard benefits?

It provides the following benefits:

• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Cell Phone Protection
• Reports to major credit bureaus

What are the relevant APRs for Empower Federal Credit Union Platinum Mastercard?

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.

Empower Federal Credit Union Platinum Mastercard has a variable purchase APR that ranges from 11.49% up to 17.99%. The card has a variable balance transfer APR that ranges from 11.49% up to 17.99%. It also has a variable cash advance APR that ranges from 11.49% up to 17.99%.

What are the fees for Empower Federal Credit Union Platinum Mastercard?

The following fees apply:

Empower Federal Credit Union Platinum Mastercard Fees

Fees	Amount
Annual Fee
Late Payment Fee	up to $25.00

Does Empower Federal Credit Union Platinum Mastercard report your account activity to credit bureaus?

Yes, Empower Federal Credit Union Platinum Mastercard 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 Empower Federal Credit Union Platinum Mastercard

• Visit the Empower Federal Credit Union Platinum 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.