SuperMoney
  Members 1st Federal Credit Union VISA Platinum Secured

Members 1st Federal Credit Union VISA Platinum Secured

in Personal Credit Cards from Members 1st Federal Credit Union

Unaffiliated

Members 1st Federal Credit Union VISA Platinum Secured

Unaffiliated

in Personal Credit Cards from Members 1st Federal Credit Union

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Members 1st Federal Credit Union VISA Platinum Secured to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Purchase APR  (Fixed APR) Starting at 18.00%
Balance Transfer APR  (Fixed APR) Starting at 18.00%
Credit Score Range 600 - 850
Annual Fee Starting at $25

Members 1st Federal Credit Union VISA Platinum Secured Review

This is a secured credit card credit card issued by Members 1st Federal Credit Union. If you're wondering whether Members 1st Federal Credit Union VISA Platinum Secured 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.

Key Takeaways
  • High APRs. This is not a great card for people who carry a balance. It has a fixed purchase APR starting at 18.00%
  • 1% Balance transfer fee. Members 1st Federal Credit Union VISA Platinum Secured charges a fee of 1% on balance transfers. For example, a balance of $1,000 could cost $10 in transfer fees.
  • 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.
  • Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
  • Fair or better credit required. You will have good approval oods if your credit score is above600.
Pros & Cons of Members 1st Federal Credit Union VISA Platinum Secured
The Good The Bad
  • Considers applicants with fair or poor credit.
  • No foreign transaction fee.
  • Members 1st Federal Credit Union VISA Platinum Secured reports to multiple credit bureaus.
  • Higher than average purchase APRs.
  • Charges an annual fee of up to .
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • You don't earn rewards on every purchase.
  • Charges a 1% balance transfer fee.
  • Does not include many credit card benefits.
Members 1st Federal Credit Union VISA Platinum Secured FAQ

Does Members 1st Federal Credit Union VISA Platinum Secured have a cash back or rewards program?

No, it does not offer a rewards program.

What are the relevant APRs for Members 1st Federal Credit Union VISA Platinum Secured?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. It has higher than average regular APRs.

It has a fixed purchase APR starting at 18.00% . The card has a fixed balance transfer APR starting at 18.00% . It also has a fixed cash advance APR starting at 18.00% .

Does Members 1st Federal Credit Union VISA Platinum Secured have an intro APR offer on balance transfers?

No, it does not come with an intro APR offer for balance transfers.

Does Members 1st Federal Credit Union VISA Platinum Secured have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for Members 1st Federal Credit Union VISA Platinum Secured?

The following fees apply:

  • An overlimit fee of $15.
Members 1st Federal Credit Union VISA Platinum Secured Fees
Fees Amount
Annual Fee N/A
Overlimit Fee $15
Foreign Transaction Fee 0%
Returned Payment Fee up to $20
Late Payment Fee $27 - $37

Does Members 1st Federal Credit Union VISA Platinum Secured have a foreign transaction fee?

This card does not charge foreign transaction fees. If you are a frequent traveler, avoiding foreign transaction fees can save you hundreds of dollars in fees when you travel out of the country.

Does Members 1st Federal Credit Union VISA Platinum Secured report your account activity to credit bureaus?

Yes, Members 1st Federal Credit Union VISA Platinum Secured 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 Federal Credit Union VISA Platinum Secured

  • Visit the Members 1st Federal Credit Union VISA Platinum Secured 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.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

  • Headquarters
  •   5000 Louise Dr
    Mechanicsburg, PA 17055
  •   Visit Site

Hours of Operation

  • Sunday Closed
  • Monday 8:00am - 5:00pm
  • Tuesday 8:00am - 5:00pm
  • Wednesday 8:00am - 5:00pm
  • Thursday 8:00am - 5:30pm
  • Friday 7:30am - 6:00pm
  • Saturday 8:30am - 2:00pm

Other Services by Members 1st Federal Credit Union

Icon for Personal Credit Cards
View all personal credit cards offered by Members 1st Federal Credit Union

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Foreign Currency Transaction Fee 0%
No Foreign Transaction Fee
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee (%) Starting at 1%
Annual Fee Starting at $25
Over-Limit Fee $15
Returned Payment Fee Up to $20
Paper Statement Fee $3
Late Fee Amount $27 - $37
Customer Type Personal
Minimum Age 18
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Cash
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 600 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Rewards Type No Rewards
Cash Advance APR (Fixed APR) Starting at 18.00%
Balance Computation Average Daily Balance
Purchase APR (Fixed APR) Starting at 18.00%
Balance Transfer Fee % After Intro Period Starting at 1%
Balance Transfer APR (Fixed APR) Starting at 18.00%
Balance Transfer Fee % 1%
Card Type
  • Secured
Card Network Visa

Be the first to rate

 

Would you recommend Members 1st Federal Credit Union VISA Platinum Secured to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Personal Credit Cards

Members 1st Federal Credit Union Personal Credit Cards

Loading...