Hanscom Federal Credit Union Platinum Secured Mastercard

Hanscom Federal Credit Union Platinum Secured Mastercard Review

This is a secured credit card card issued by Hanscom Federal Credit Union. If you're wondering whether Hanscom Federal Credit Union Platinum Secured Mastercard is the right card for you, read on.

Key Takeaways

• Competitive APRs. Hanscom Federal Credit Union Platinum Secured Mastercard has a variable purchase APR that ranges from 8.49% up to 17%.
• No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, 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 1.1% every time you make a transaction outside the U.S.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, extended warranty protection on purchases, identity theft protection, price protection, purchase protection, travel accident insurance, travel assistance, and fraud protection.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have relatively good approval odds.

Pros & Cons of Hanscom Federal Credit Union Platinum Secured Mastercard

Hanscom Federal Credit Union Platinum Secured Mastercard FAQ

Does Hanscom Federal Credit Union Platinum Secured Mastercard have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Hanscom Federal Credit Union Platinum Secured Mastercard benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Extended Warranty Protection
• Zero fraud liability
• Price Protection
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Hanscom Federal Credit Union Platinum Secured Mastercard?

Hanscom Federal Credit Union Platinum Secured Mastercard has a variable purchase APR that ranges from 8.49% up to 17%. The card has a variable balance transfer APR that ranges from 8.49% up to 17%. It also has a variable cash advance APR that ranges from 8.49% up to 17%. Note that late payments are subject to an APR of 17.99% 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 Hanscom Federal Credit Union Platinum Secured Mastercard?

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 card.

Does Hanscom Federal Credit Union Platinum Secured Mastercard report your account activity to credit bureaus?

Yes, Hanscom Federal Credit Union Platinum Secured 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 Hanscom Federal Credit Union Platinum Secured Mastercard

• Visit the Hanscom Federal Credit Union Platinum Secured 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.