Harborstone Credit Union Secured Card

Harborstone Credit Union Secured Card Review

This is a secured credit card card issued by Harborstone Credit Union. If you're wondering whether harborstone credit union 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 of 28.74%
• 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.
• 3% Balance transfer fee. Harborstone Credit Union Secured Card 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 3% 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.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of harborstone credit union

The Good	The Bad
No annual fee. Extended warranty on purchases. Identity Theft Protection. Considers applicants with fair credit. Harborstone Credit Union Secured Card reports to multiple credit bureaus.	Higher than average purchase APRs. Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 3%. You don't earn rewards on every purchase. Charges a 3% balance transfer fee

harborstone credit union FAQ

Does harborstone credit union have a cash back or rewards program?

No, it does not offer a rewards program.

What are the harborstone credit union benefits?

It provides the following benefits:

• Extended Warranty Protection
• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for harborstone credit union?

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.

Harborstone Credit Union Secured Card has a variable purchase APR of 28.74%. The card has a variable balance transfer APR of 28.74% . It also has a variable cash advance APR of 29.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for harborstone credit union?

The following fees apply:

harborstone credit union Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$
Initial Program Fee	$
Foreign Transaction Fee	3%
Returned Payment Fee	Starting at $ up to $41
Late Payment Fee	Starting at up to $41

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

Does Harborstone Credit Union Secured Card report your account activity to credit bureaus?

Yes, Harborstone Credit Union Secured 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 harborstone credit union

• Visit the harborstone credit union 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.