Mazuma Credit Union Visa Platinum

Mazuma Credit Union Visa Platinum Review

This is a card issued by Mazuma Credit Union. If you're wondering whether Mazuma Credit Union Visa Platinum is the right card for you, read on.

Key Takeaways

• Competitive APRs. Mazuma Credit Union Visa Platinum has a variable purchase APR that ranges from 9.9% up to 18.9%.
• 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.
• 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.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Mazuma Credit Union Visa Platinum

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Offers auto rental collision damage waiver. Considers applicants with fair credit. No foreign transaction fee. Mazuma Credit Union Visa Platinum reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase. Does not include many credit card benefits.

Mazuma Credit Union Visa Platinum FAQ

Does Mazuma Credit Union Visa Platinum have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Mazuma Credit Union Visa Platinum benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Mazuma Credit Union Visa Platinum?

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.

Mazuma Credit Union Visa Platinum has a variable purchase APR that ranges from 9.9% up to 18.9%. The card has a variable balance transfer APR that ranges from 9.90% up to 18.9%. It also has a variable cash advance APR that ranges from 9.9% up to 18.9%.

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for Mazuma Credit Union Visa Platinum?

The following fees apply:

• There is no overlimit fee

Mazuma Credit Union Visa Platinum Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Initial Program Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $15
Late Payment Fee	$5 - $15

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

Does Mazuma Credit Union Visa Platinum report your account activity to credit bureaus?

Yes, Mazuma Credit Union Visa Platinum 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 Mazuma Credit Union Visa Platinum

• Visit the Mazuma Credit Union Visa Platinum 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.