Members First Credit Union Platinum VISA Review

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

• Competitive APRs. Members First Credit Union Platinum VISA has a variable purchase APR that ranges from 9.59% up to 17.9%.
• 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.
• $0 Balance transfer fee. This card does not charge a fee on balance transfers.
• 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.
• Accepts cosigners. Members First Credit Union is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 600.

The Good	The Bad
Lower than average purchase APRs. Has an introductory APR rate on balance transfers of 6.9%. No balance transfer fee. No annual fee. Considers applicants with fair or poor credit. Members First Credit Union Platinum VISA reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 1%. You don't earn rewards on every purchase. Does not include many credit card benefits.

Is there a Members First Credit Union Platinum VISA cash back or rewards program?

No, Members First Credit Union Platinum VISA does not offer a rewards program.

What are the Members First Credit Union Platinum VISA benefits?

Members First Credit Union Platinum VISA provides the following benefits:

• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Members First Credit Union Platinum VISA?

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 First Credit Union Platinum VISA has lower than average purchase APRs.

Members First Credit Union Platinum VISA has a variable purchase APR that ranges from 9.59% up to 17.9%. The card has a variable balance transfer APR that ranges from 9.59% up to 17.9%. It also has a variable cash advance APR that ranges from 6.9% up to 17.9%.

What are the fees for Members First Credit Union Platinum VISA?

The following fees apply to Members First Credit Union Platinum VISA:

Members First Credit Union Platinum VISA Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	1%
Returned Payment Fee	up to $25
Late Payment Fee	up to $25

Does Members First Credit Union Platinum VISA report your account activity to credit bureaus?

Yes, Members First Credit Union Platinum VISA 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 First Credit Union Platinum VISA

• Visit the Members First Credit Union Platinum VISA 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.