Logix Federal Credit Union Platinum Rewards Mastercard

Logix Federal Credit Union Platinum Rewards Mastercard Review

This is a rewards credit card issued by Logix Federal Credit Union. If you're wondering whether Logix Federal Credit Union Platinum Rewards Mastercard 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.

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• Signup bonus. Offers a signup bonus of 10000 points after spending $1,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Logix Federal Credit Union Platinum Rewards Mastercard has a variable purchase APR that ranges from 10.74% up to 17.99%.
• 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.
• 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.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, identity theft protection, purchase protection, travel accident insurance, trip cancellation insurance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

The Good

The Bad

Potentially lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 12 months. No balance transfer fee. 0% APR on new purchases during the first 12 months. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Access to a concierge. Identity Theft Protection. Travel accident insurance. Trip cancellation insurance. Considers applicants with fair or poor credit. No foreign transaction fee. Cardholders can earn rewards on purchases everywhere Logix Federal Credit Union Platinum Rewards Mastercard is accepted. Logix Federal Credit Union Platinum Rewards Mastercard reports to multiple credit bureaus.

Does Logix Federal Credit Union Platinum Rewards Mastercard have a cash back or rewards program?

Logix Federal Credit Union Platinum Rewards Mastercard is a rewards card.

Logix Federal Credit Union Platinum Rewards Mastercard Rewards

Minimum rewards rate	3x
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus (Points/Miles)	10000
Signup Bonus Spend Requirement	$1000
Signup Bonus Spend Period (months)	3 months

What are the Logix Federal Credit Union Platinum Rewards Mastercard benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Trip Cancellation Insurance
• Travel Accident Insurance
• Reports to major credit bureaus

What are the relevant APRs for Logix Federal Credit Union Platinum Rewards Mastercard?

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.

Logix Federal Credit Union Platinum Rewards Mastercard has a variable purchase APR that ranges from 10.74% up to 17.99%. The card has a variable balance transfer APR that ranges from 10.74% up to 17.99%. It also has a variable cash advance APR that ranges from 10.74% up to 17.99%. 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 Logix Federal Credit Union Platinum Rewards Mastercard?

The following fees apply:

• An overlimit fee of $4.

Logix Federal Credit Union Platinum Rewards Mastercard Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$4
Foreign Transaction Fee	0%
Returned Payment Fee	up to $29
Late Payment Fee	up to $30

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

Does Logix Federal Credit Union Platinum Rewards Mastercard report your account activity to credit bureaus?

Yes, Logix Federal Credit Union Platinum Rewards 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 Logix Federal Credit Union Platinum Rewards Mastercard

• Visit the Logix Federal Credit Union Platinum Rewards 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.