Granite CU Signature Cashback Visa

Granite CU Signature Cashback Visa Review

This is a cashback card issued by Granite Credit Union. If you're wondering whether Granite CU Signature Cashback Visa is the right card for you, read on.

Key Takeaways

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.49% up to 18.00%.
• Good or better credit required. You will have low approval odds if your credit score is below 670.

Pros & Cons of Granite CU Signature Cashback Visa

The Good	The Bad
Has an introductory APR rate on balance transfers of 4.99%. No balance transfer fee. Offers Auto Rental Collision Damage Waiver. Granite CU Signature Cashback Visa reports to multiple credit bureaus.	Higher than average purchase APRs. You need good credit to qualify. N/A Does not offer a signup bonus.

Granite CU Signature Cashback Visa FAQ

Does Granite CU Signature Cashback Visa have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.

What are the Granite CU Signature Cashback Visa benefits?

It provides the following benefits:

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

What are the relevant APRs for Granite CU Signature Cashback Visa?

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 higher than average regular APRs.

Granite CU Signature Cashback Visa has a variable purchase APR that ranges from 17.49% up to 18.00%. The card has a variable balance transfer APR that ranges from 17.49% up to 18.00%. It also has a variable cash advance APR that ranges from 17.49% up to 18.00%. Note that late payments are subject to an APR of 18.00% 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 Granite CU Signature Cashback Visa?

The following fees apply:

Granite CU Signature Cashback Visa Fees

Description
Cash Advance Fee (%)	Starting at 1.50%
No Annual Fee?
Returned Payment Fee	Starting at $10
Paper Statement Fee	$2

Does Granite CU Signature Cashback Visa report your account activity to credit bureaus?

Yes, Granite CU Signature Cashback 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 Granite CU Signature Cashback Visa

• Visit the Granite CU Signature Cashback 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.