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  Founders FCU Life Rewards Mastercard®
Founders FCU Life Rewards Mastercard®
in Credit Cards from Founders Federal Credit Union
Unaffiliated

Founders FCU Life Rewards Mastercard®

Unaffiliated
in Credit Cards from Founders Federal Credit Union
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Highlights
Purchase APR  (Variable APR) 14.75% - 17.90%
(Verified 12/21/2022)
Balance Transfer APR  (Variable APR) 14.75% - 17.90%
(Verified 12/21/2022)
Credit Score Range N/A
Annual Fee $0

Founders FCU Life Rewards Mastercard® Review

This is a rewards card issued by Founders Federal Credit Union. If you're wondering whether Founders FCU Life Rewards Mastercard is the right card for you, read on.

Key Takeaways

  • Competitive APRs. Founders FCU Life Rewards Mastercard® has a variable purchase APR that ranges from 14.75% up to 17.90%.
  • 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.
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1% every time you make a transaction outside the U.S.
  • Multiple credit card benefits. Includes generous credit card perks, such as access to a concierge, emergency support, identity theft protection, purchase protection, travel accident insurance, travel assistance, and fraud protection.

Pros & Cons of Founders FCU Life Rewards Mastercard

The Good The Bad
  • Potentially lower than average purchase APRs.
  • Has an introductory APR rate on balance transfers of 4%.
  • No balance transfer fee.
  • No annual fee.
  • Multiple credit card perks.
  • Access to a concierge.
  • Identity Theft Protection.
  • Travel accident and travel assistance insurance.
  • Cardholders can earn rewards on their purchases.
  • Founders FCU Life Rewards Mastercard® reports to multiple credit bureaus.
  • Does not offer a signup bonus.
  • Charges a foreign transaction fee of 1%.
  • You don't earn rewards on every purchase.

Founders FCU Life Rewards Mastercard FAQ

Does Founders FCU Life Rewards Mastercard have a cash back or rewards program?

Founders FCU Life Rewards Mastercard is a rewards card.

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

Does Founders FCU Life Rewards Mastercard have a signup bonus?

This card doesn't offer a cash signup bonus.

Does Founders FCU Life Rewards Mastercard offer an annual loyalty bonus?

This card doesn't offer a cash loyalty bonus.

What are the Founders FCU Life Rewards Mastercard benefits?

It provides the following benefits:

  • Emergency Support
  • Zero fraud liability
  • Travel Accident Insurance
  • Travel Assistance
  • Reports to major credit bureaus

What are the relevant APRs for Founders FCU Life Rewards 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.

Founders FCU Life Rewards Mastercard® has a variable purchase APR that ranges from 14.75% up to 17.90%. The card has a variable balance transfer APR that ranges from 14.75% up to 17.90%. It also has a variable cash advance APR that ranges from 14.75% up to 17.90%. Note that late payments are subject to an APR of 17.90% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

Does Founders FCU Life Rewards Mastercard have an intro APR offer on balance transfers?

Yes, it offers an intro APR rate on balance transfers of 4% for a period of up to 6 months.

Founders FCU Life Rewards Mastercard® Balance Transfers
Description
Balance Transfer Introductory APR 4%
Balance Transfer Intro APR Period 6 months
Balance Transfer APR 14.75% - 17.90%

Does Founders FCU Life Rewards Mastercard 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 Founders FCU Life Rewards Mastercard?

The following fees apply:

Founders FCU Life Rewards Mastercard Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 1%
Returned Payment Fee up to $35
Late Payment Fee up to $35

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

Does Founders FCU Life Rewards Mastercard have a foreign transaction fee?

Founders FCU Life Rewards Mastercard charges a foreign transaction fee of 1%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $20. 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 Founders FCU Life Rewards Mastercard?

The Founders FCU Life Rewards Mastercard customer service number is (800) 845-1614.

What is the support contact email for Founders FCU Life Rewards Mastercard?

The support contact email for Founders FCU Life Rewards Mastercard is info@foundersfcu.com.

What is the Founders FCU Life Rewards Mastercard login page?

You can access the Founders FCU Life Rewards Mastercard login page here.

How do people rate the customer service and user experience of Founders FCU Life Rewards Mastercard?

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

Does Founders FCU Life Rewards Mastercard® report your account activity to credit bureaus?

Yes, Founders FCU Life Rewards 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 Founders FCU Life Rewards Mastercard

  • Visit the Founders FCU Life Rewards 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.

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 8:30am - 5:00pm
  • Tuesday 8:30am - 5:00pm
  • Wednesday 8:30am - 5:00pm
  • Thursday 8:30am - 5:00pm
  • Friday 8:30am - 6:00pm
  • Saturday Closed

About Founders FCU Life Rewards Mastercard®

Icon for Credit Cards
View all credit cards offered by Founders Federal Credit Union
View Founders Federal Credit Union Profile

Availability

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

Feature Breakdown

Foreign Currency Transaction Fee 1%
Annual Fee $0
Minimum Interest Charge $2
No Interest Grace Period for Late Payment 25 days
Returned Payment Fee Up to $35
Late Fee Amount Up to $35
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 Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Identity Theft Protection
  • Purchase Protection
  • Emergency Support
  • Fraud Liability
  • Travel Accident Insurance
  • Travel Assistance
  • Concierge
Cash Advance APR (Variable APR) 14.75% - 17.90%
APR Type Variable APR
Balance Computation Average daily balance (including new purchases).
Credit Limit Starting at $500
Penalty APR (Variable APR) 17.90%
Purchase APR (Variable APR) 14.75% - 17.90%
(Verified 12/21/2022)
Balance Transfer Introductory APR (Variable APR) 4%
Balance Transfer Intro APR Period (Variable APR) 6 months
Balance Transfer APR (Variable APR) 14.75% - 17.90%
(Verified 12/21/2022)
Card Type
  • Rewards
Card Network Mastercard

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