FirstBank Puerto Rico Beyond Platinum Mastercard

FirstBank Puerto Rico Beyond Platinum Mastercard Review

This is a rewards card issued by FirstBank Puerto Rico. If you're wondering whether FirstBank Puerto Rico Beyond Platinum Mastercard 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 15 months, which is longer than the average 0% APR period of 12 months.
• Signup bonus. Offers a signup bonus of 5000 points that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. FirstBank Puerto Rico Beyond Platinum Mastercard has a variable purchase APR that ranges from 16.25% up to 28.5%.
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 2% Balance transfer fee. FirstBank Puerto Rico Beyond Platinum Mastercard charges a fee of 2% on balance transfers. For example, a balance of $1,000 could cost $20 in transfer fees. The minimum fee is $2.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1.4% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as price protection, purchase protection, 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 FirstBank Puerto Rico Beyond Platinum Mastercard

FirstBank Puerto Rico Beyond Platinum Mastercard FAQ

Does FirstBank Puerto Rico Beyond Platinum Mastercard have a cash back or rewards program?

FirstBank Puerto Rico Beyond Platinum Mastercard is a rewards card.

What are the FirstBank Puerto Rico Beyond Platinum Mastercard benefits?

It provides the following benefits:

• Trip Cancellation Insurance
• Zero fraud liability
• Price Protection
• Cell Phone Protection
• Reports to major credit bureaus

What are the relevant APRs for FirstBank Puerto Rico Beyond Platinum Mastercard?

FirstBank Puerto Rico Beyond Platinum Mastercard has a variable purchase APR that ranges from 16.25% up to 28.5%. The card has a variable balance transfer APR that ranges from 16.25% up to 28.5%. It also has a variable cash advance APR that ranges from 24.75% up to 29.75%. Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for FirstBank Puerto Rico Beyond Platinum 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 rewards card.

Does FirstBank Puerto Rico Beyond Platinum Mastercard report your account activity to credit bureaus?

Yes, FirstBank Puerto Rico Beyond 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 FirstBank Puerto Rico Beyond Platinum Mastercard

• Visit the FirstBank Puerto Rico Beyond 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.