Marine Federal Credit Union VISA Platinum Cash-Back

Marine Federal Credit Union VISA Platinum Cash-Back Review

This is a cashback card issued by Marine Federal Credit Union. If you're wondering whether Marine Federal Credit Union VISA Platinum Cash-Back is the right card for you, read on.

Key Takeaways

• Competitive APRs. Marine Federal Credit Union VISA Platinum Cash-Back has a variable purchase APR that ranges from 9.24% up to 18%.
• No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Marine Federal Credit Union VISA Platinum Cash-Back 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 $10.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2.8% every time you make a transaction outside the U.S.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Marine Federal Credit Union VISA Platinum Cash-Back

Marine Federal Credit Union VISA Platinum Cash-Back FAQ

Does Marine Federal Credit Union VISA Platinum Cash-Back 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. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash.

What are the relevant APRs for Marine Federal Credit Union VISA Platinum Cash-Back?

Marine Federal Credit Union VISA Platinum Cash-Back has a variable purchase APR that ranges from 9.24% up to 18%. The card has a variable balance transfer APR that ranges from 9.24% up to 18%. It also has a variable cash advance APR starting at 11.24% . Note that late payments are subject to an APR of 18% 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 Marine Federal Credit Union VISA Platinum Cash-Back?

The following fees apply:

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

Does Marine Federal Credit Union VISA Platinum Cash-Back report your account activity to credit bureaus?

Yes, Marine Federal Credit Union VISA Platinum Cash-Back 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 Marine Federal Credit Union VISA Platinum Cash-Back

• Visit the Marine Federal Credit Union VISA Platinum Cash-Back 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.