Generations FCU Earned Rewards Visa

Generations FCU Earned Rewards Visa Review

This is a cashback credit card issued by Generations FCU. If you're wondering whether Generations FCU Earned Rewards Visa 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.

• Competitive APRs. Generations FCU Earned Rewards Visa has a variable purchase APR that ranges from 12.75% up to 18%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Generations FCU Earned Rewards Visa charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
• 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 rental insurance, price protection, purchase protection, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Does Generations FCU Earned Rewards Visa have a cash back or rewards program?

This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1.25% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $12.5 back in cash.

What are the Generations FCU Earned Rewards Visa benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Zero fraud liability
• Price Protection
• Reports to major credit bureaus

What are the relevant APRs for Generations FCU Earned Rewards Visa?

Generations FCU Earned Rewards Visa has a variable purchase APR that ranges from 12.75% up to 18%. The card has a variable balance transfer APR that ranges from 12.75% up to 18%. It also has a variable cash advance APR that ranges from 12.75% up to 18%. Note that late payments are subject to an APR of 18% 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 Generations FCU Earned Rewards Visa?

The following fees apply:

• There is no overlimit fee

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

Does Generations FCU Earned Rewards Visa report your account activity to credit bureaus?

Yes, Generations FCU Earned Rewards Visa 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 Generations FCU Earned Rewards Visa

• Visit the Generations FCU Earned Rewards Visa 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.