Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card Review

This is a cashback credit card issued by Hiway Federal Credit Union. If you're wondering whether Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card 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.

• Signup bonus. Offers a signup bonus of $50 statement credit points after spending $1,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card has a variable purchase APR that ranges from 10.71% up to 15.15%.
• 2% Balance transfer fee. Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card charges a fee of 2% on balance transfers. For example, a balance of $1,000 could cost $20 in transfer fees. The minimum fee is $2.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Good or better credit required. You will have low approval odds if your credit score is below 680.

The Good	The Bad
Lower than average purchase APRs. Access to a concierge. Travel accident insurance. No foreign transaction fee. Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card reports to multiple credit bureaus.	Requires good to excellent credit. Charges a 2% balance transfer fee.

Does Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card 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 Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Travel Accident Insurance
• Reports to major credit bureaus

What are the relevant APRs for Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. It has lower than average regular APRs.

It has a variable purchase APR that ranges from 10.71% up to 15.15%. The card has a variable balance transfer APR that ranges from 10.71% up to 15.15%. It also has a variable cash advance APR that ranges from 10.71% up to 15.15%.

What are the fees for Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card?

The following fees apply:

• There is no overlimit fee

Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card Fees

Fees	Amount
Annual Fee
Overlimit Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $25
Late Payment Fee	up to $25

Does Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card report your account activity to credit bureaus?

Yes, Hiway Federal Credit Union Visa Signature Cash Rewards Credit 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 Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card

• Visit the Hiway Federal Credit Union Visa Signature Cash Rewards Credit Card 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.