FirstBank Puerto Rico Beyond Platinum Mastercard Review

FirstBank Puerto Rico Beyond Platinum Mastercard is a rewards credit 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. This is everything you need to know to make a good choice.

• 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 13.25% up to 25.5%.
• 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 oods if your credit score is above600.

The Good

The Bad

Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 15 months. No annual fee. Multiple credit card perks. Trip cancellation insurance. Considers applicants with fair or poor credit. Cardholders can earn rewards on purchases everywhere FirstBank Puerto Rico Beyond Platinum Mastercard is accepted. FirstBank Puerto Rico Beyond Platinum Mastercard reports to multiple credit bureaus.

Charges a foreign transaction fee of 1.4%. Rewards bonus rate of only 1% on most everyday purchases. Terms apply*. Charges a 2% balance transfer fee.

Is there a FirstBank Puerto Rico Beyond Platinum Mastercard cash back or rewards program?

FirstBank Puerto Rico Beyond Platinum Mastercard offers a rewards program to its customers.

FirstBank Puerto Rico Beyond Platinum Mastercard Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	1x
Annual rewards limit	N/A
Signup Bonus (Points/Miles)	5000

What are the FirstBank Puerto Rico Beyond Platinum Mastercard benefits?

FirstBank Puerto Rico Beyond Platinum Mastercard provides the following benefits:

• Trip Cancellation Insurance
• Zero fraud liability
• Price Protection
• Cellular Telephone Protection
• Reports to major credit bureaus

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

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. FirstBank Puerto Rico Beyond Platinum Mastercard has lower than average purchase APRs.

FirstBank Puerto Rico Beyond Platinum Mastercard has a variable purchase APR that ranges from 13.25% up to 25.5%. The card has a variable balance transfer APR that ranges from 13.25% up to 25.5%. It also has a variable cash advance APR that ranges from 21.75% up to 26.75%. 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 to FirstBank Puerto Rico Beyond Platinum Mastercard:

FirstBank Puerto Rico Beyond Platinum Mastercard Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	1.4%
Returned Payment Fee	up to $15
Late Payment Fee	up to $35

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.