Lake Trust Credit Union Platinum Elite Rewards Visa

Lake Trust Credit Union Platinum Elite Rewards Visa Review

This is a rewards card issued by Lake Trust Credit Union. If you're wondering whether Lake Trust Credit Union Platinum Elite Rewards Visa is the right card for you, read on.

Key Takeaways

• Competitive APRs. Lake Trust Credit Union Platinum Elite Rewards Visa has a variable purchase APR that ranges from 14.40% up to 21.40%.
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Lake Trust Credit Union Platinum Elite Rewards Visa

The Good

The Bad

Potentially lower than average purchase APRs. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty on purchases. Travel accident and travel assistance insurance. Considers applicants with fair credit. Cardholders can earn rewards on purchases everywhere Lake Trust Credit Union Platinum Elite Rewards Visa is accepted. Lake Trust Credit Union Platinum Elite Rewards Visa reports to multiple credit bureaus.

Does not offer a signup bonus.

Lake Trust Credit Union Platinum Elite Rewards Visa FAQ

Does Lake Trust Credit Union Platinum Elite Rewards Visa have a cash back or rewards program?

Lake Trust Credit Union Platinum Elite Rewards Visa is a rewards card.

Lake Trust Credit Union Platinum Elite Rewards Visa Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Lake Trust Credit Union Platinum Elite Rewards Visa benefits?

It provides the following benefits:

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

What are the relevant APRs for Lake Trust Credit Union Platinum Elite Rewards Visa?

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.

Lake Trust Credit Union Platinum Elite Rewards Visa has a variable purchase APR that ranges from 14.40% up to 21.40%. The card has a variable balance transfer APR that ranges from 17.40% up to 23.99%. It also has a variable cash advance APR that ranges from 17.40% up to 23.99%.

What are the fees for Lake Trust Credit Union Platinum Elite Rewards Visa?

The following fees apply:

Lake Trust Credit Union Platinum Elite Rewards Visa Fees

Fees	Amount
Annual Fee	$0

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

Does Lake Trust Credit Union Platinum Elite Rewards Visa report your account activity to credit bureaus?

Yes, Lake Trust Credit Union Platinum Elite Rewards Visa 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 Lake Trust Credit Union Platinum Elite Rewards Visa

• Visit the Lake Trust Credit Union Platinum Elite Rewards Visa 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.