Founders Federal Credit Union Visa Signature Credit Card Review

This is a rewards credit card issued by Founders Federal Credit Union. If you're wondering whether Founders Federal Credit Union Visa Signature Credit Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• Signup bonus. Offers a signup bonus of 10000 points after spending $2,500 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Founders Federal Credit Union Visa Signature Credit Card has a variable purchase APR that ranges from 10.85% up to 17.9%.
• 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.
• $0 Balance transfer fee. This card does not charge a fee on balance transfers.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Good or better credit required. You will have low approval odds if your credit score is below 680.

The Good

The Bad

Lower than average purchase APRs. Has an introductory APR rate on balance transfers of 2.85%. No balance transfer fee. No annual fee. Access to a concierge. Travel accident insurance. No foreign transaction fee. Cardholders can earn rewards on purchases everywhere Founders Federal Credit Union Visa Signature Credit Card is accepted. Founders Federal Credit Union Visa Signature Credit Card reports to multiple credit bureaus.

Requires good to excellent credit. Rewards bonus rate of only 1.25% on most everyday purchases. Terms apply*.

Does Founders Federal Credit Union Visa Signature Credit Card have a cash back or rewards program?

Founders Federal Credit Union Visa Signature Credit Card is a rewards card.

Founders Federal Credit Union Visa Signature Credit Card Rewards

Minimum rewards rate	1.25x
Max rewards rate	1.25x
Annual rewards limit	N/A
Signup Bonus (Points/Miles)	10000
Signup Bonus Spend Requirement	$2500
Signup Bonus Spend Period (months)	3 months

What are the Founders Federal Credit Union Visa Signature Credit Card benefits?

It provides the following benefits:

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

What are the relevant APRs for Founders Federal Credit Union Visa Signature Credit 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. It has lower than average regular APRs.

It has a variable purchase APR that ranges from 10.85% up to 17.9%. The card has a variable balance transfer APR that ranges from 10.85% up to 17.9%. It also has a variable cash advance APR that ranges from 10.85% up to 17.9%. Note that late payments are subject to an APR of 17.9% 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 Founders Federal Credit Union Visa Signature Credit Card?

The following fees apply:

• There is no overlimit fee

Founders Federal Credit Union Visa Signature Credit Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $32
Late Payment Fee	up to $32

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 Federal Credit Union Visa Signature Credit Card report your account activity to credit bureaus?

Yes, Founders Federal Credit Union Visa Signature Credit Card 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 Federal Credit Union Visa Signature Credit Card

• Visit the Founders Federal Credit Union Visa Signature Credit 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.