MembersFirst Credit Union VISA Secured

MembersFirst Credit Union VISA Secured Review

This is a secured credit card card issued by MembersFirst Credit Union. If you're wondering whether MembersFirst Credit Union VISA Secured is the right card for you, read on.

Key Takeaways

• Competitive APRs. MembersFirst Credit Union VISA Secured has a fixed purchase APR of 14.88%
• 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.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, identity theft protection, travel accident insurance, and fraud protection.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have relatively good approval odds.

Pros & Cons of MembersFirst Credit Union VISA Secured

The Good	The Bad
Potentially lower than average purchase APRs. Multiple credit card perks. Offers auto rental collision damage waiver. Identity Theft Protection. Travel accident insurance. Considers applicants with fair credit. MembersFirst Credit Union VISA Secured reports to multiple credit bureaus.	Charges an annual fee of $15 Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase.

MembersFirst Credit Union VISA Secured FAQ

Does MembersFirst Credit Union VISA Secured have a cash back or rewards program?

No, it does not offer a rewards program.

What are the MembersFirst Credit Union VISA Secured benefits?

It provides the following benefits:

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

What are the relevant APRs for MembersFirst Credit Union VISA 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. This card has lower than average regular APRs.

MembersFirst Credit Union VISA Secured has a fixed purchase APR of 14.88%. It also has a fixed cash advance APR of 14.88% .

What are the fees for MembersFirst Credit Union VISA Secured?

The following fees apply:

MembersFirst Credit Union VISA Secured Fees

Fees	Amount
Annual Fee	$15
Late Payment Fee	up to $30

Does MembersFirst Credit Union VISA Secured report your account activity to credit bureaus?

Yes, MembersFirst Credit Union VISA 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 MembersFirst Credit Union VISA Secured

• Visit the MembersFirst Credit Union VISA 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.