Members 1st Credit Union Visa First Review

Members 1st Credit Union Visa First is a cashback credit card issued by Members 1st Credit Union. If you're wondering whether Members 1st Credit Union Visa First is the right card for you, read on. This is everything you need to know to make a good choice.

• Signup bonus. Offers a signup bonus of 10000 points after spending $1,000 within 2 months that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 24.99%
• 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.
• $0 Balance transfer fee. This card does not charge a fee on balance transfers. After the introductory period, the fee is 3%.
• 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 purchase protection, and fraud protection.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 600.

The Good	The Bad
Has an introductory APR rate on balance transfers of 4.99%. No balance transfer fee. No annual fee. Multiple credit card perks. Considers applicants with fair or poor credit. Cardholders can earn rewards on purchases everywhere Members 1st Credit Union Visa First is accepted. Members 1st Credit Union Visa First reports to multiple credit bureaus.	Higher than average purchase APRs. Charges a foreign transaction fee of 1%.

Is there a Members 1st Credit Union Visa First cash back or rewards program?

Members 1st Credit Union Visa First is a cashback card. This means you earn a percentage of your purchase as a cash reward.

Members 1st Credit Union Visa First Rewards

Rewards rate (all purchases)	N/A
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)	2 months

What are the Members 1st Credit Union Visa First benefits?

Members 1st Credit Union Visa First provides the following benefits:

• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Members 1st Credit Union Visa First?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Members 1st Credit Union Visa First has higher than average purchase APRs.

Members 1st Credit Union Visa First has a variable purchase APR of 24.99%. The card has a variable balance transfer APR of 24.99% . It also has a variable cash advance APR of 24.99% .

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

What are the fees for Members 1st Credit Union Visa First?

The following fees apply to Members 1st Credit Union Visa First:

Members 1st Credit Union Visa First Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	1%
Returned Payment Fee	up to $26
Late Payment Fee	up to $15

Does Members 1st Credit Union Visa First report your account activity to credit bureaus?

Yes, Members 1st Credit Union Visa First 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 Members 1st Credit Union Visa First

• Visit the Members 1st Credit Union Visa First 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.