Granite CU Visa Platinum Rewards

Granite CU Visa Platinum Rewards Review

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

Key Takeaways

• Competitive APRs. Granite CU Visa Platinum Rewards has a variable purchase APR that ranges from 13.49% 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 Visa Platinum Rewards

The Good	The Bad
Potentially lower than average purchase APRs. Has an introductory APR rate on balance transfers of 4.99%. No balance transfer fee. Offers Auto Rental Collision Damage Waiver. Granite CU Visa Platinum Rewards reports to multiple credit bureaus.	You need good credit to qualify. N/A Does not offer a signup bonus. You don't earn rewards on every purchase.

Granite CU Visa Platinum Rewards FAQ

Does Granite CU Visa Platinum Rewards 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 Visa Platinum Rewards 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 Visa Platinum Rewards?

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.

Granite CU Visa Platinum Rewards has a variable purchase APR that ranges from 13.49% up to 18.00%. The card has a variable balance transfer APR that ranges from 13.49% up to 18.00%. It also has a variable cash advance APR that ranges from 13.49% 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 Visa Platinum Rewards?

The following fees apply:

Granite CU Visa Platinum Rewards 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 Visa Platinum Rewards report your account activity to credit bureaus?

Yes, Granite CU Visa Platinum Rewards 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 Visa Platinum Rewards

• Visit the Granite CU Visa Platinum Rewards 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.