IH Mississippi Valley CU Credit Card

IH Mississippi Valley CU Credit Card Review

This is a card issued by IH Mississippi Valley Credit Union. If you're wondering whether IH Mississippi Valley CU Credit Card is the right card for you, read on.

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 6 months , which is shorter than the average 0% APR period of 12 months.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
• 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.
• 2% Balance transfer fee. IH Mississippi Valley CU 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 $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, extended warranty protection on purchases, travel accident insurance, travel assistance, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 680.

Pros & Cons of IH Mississippi Valley CU Credit Card

The Good

The Bad

0% APR balance transfer intro rate on balance transfers for up to 6 months. 0% APR on new purchases during the first 6 months. There is then a fixed purchase APR that ranges from % up to 7.9%. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Access to a concierge. Extended warranty on purchases. Travel accident and travel assistance insurance. IH Mississippi Valley CU Credit Card reports to multiple credit bureaus.

You need good credit to qualify. Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 1%. You don't earn rewards on every purchase. Charges a 2% balance transfer fee.

IH Mississippi Valley CU Credit Card FAQ

Does IH Mississippi Valley CU Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the IH Mississippi Valley CU Credit Card benefits?

It provides the following benefits:

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

What are the relevant APRs for IH Mississippi Valley CU Credit Card?

It has a fixed purchase APR of up to 7.9%.

The card has a fixed balance transfer APR of up to 7.9%.

The card has a fixed cash advance APR of up to 7.9%.

What are the fees for IH Mississippi Valley CU Credit Card?

The following fees apply:

IH Mississippi Valley CU Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	1%
Returned Payment Fee	up to $25
Late Payment Fee	up to $25

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

Does IH Mississippi Valley CU Credit Card report your account activity to credit bureaus?

Yes, IH Mississippi Valley CU 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 IH Mississippi Valley CU Credit Card

• Visit the IH Mississippi Valley CU 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.