Michigan State University FCU Visa Signature

Michigan State University FCU Visa Signature Review

This is a cashback card issued by Michigan State University FCU. If you're wondering whether Michigan State University FCU Visa Signature is the right card for you, read on.

Key Takeaways

• Competitive APRs. Michigan State University FCU Visa Signature has a variable purchase APR that ranges from 14.9% up to 17.9%.
• Cash rewards. This credit card offers cash rewards on your purchases, but you will have to pay an annual fee of up to $99 for the privilege.
• Annual fee waived the first year. Michigan State University FCU Visa Signature gives you the chance to have the card for a year without paying the $0 annual fee.
• 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.
• Multiple credit card benefits. Includes generous credit card perks, such as Auto Rental Collision Damage Waiver, emergency support, extended warranty protection on purchases, travel accident insurance, travel assistance, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 680.

Pros & Cons of Michigan State University FCU Visa Signature

The Good	The Bad
Potentially lower than average purchase APRs. Annual fee waived during the first year. Multiple credit card perks. Offers Auto Rental Collision Damage Waiver. Extended warranty on purchases. Travel accident and travel assistance insurance. No foreign transaction fee. Michigan State University FCU Visa Signature reports to multiple credit bureaus.	You need good credit to qualify. Charges an annual fee as low as $0. up to $99 Does not offer a signup bonus.

Michigan State University FCU Visa Signature FAQ

Does Michigan State University FCU Visa Signature have a cash back or rewards program?

No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards. You will receive 1% cash back on travel, dining, groceries, drugstore purchases, or any other purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash.

What are the Michigan State University FCU Visa Signature benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Michigan State University FCU Visa Signature?

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.

Michigan State University FCU Visa Signature has a variable purchase APR that ranges from 14.9% up to 17.9%. The card has a variable balance transfer APR that ranges from 14.9% up to 17.9%. It also has a variable cash advance APR that ranges from 14.9% up to 17.9%. Note that late payments are subject to an APR of 17.9% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for Michigan State University FCU Visa Signature?

The following fees apply:

Michigan State University FCU Visa Signature Fees

Fees	Amount
Annual Fee	Starting at $0 up to $99
Overlimit Fee	$
Initial Program Fee	$
Foreign Transaction Fee	0%
Returned Payment Fee	Starting at $ up to $25
Late Payment Fee	Starting at $0 up to $25

Does Michigan State University FCU Visa Signature report your account activity to credit bureaus?

Yes, Michigan State University FCU Visa Signature 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 Michigan State University FCU Visa Signature

• Visit the Michigan State University FCU Visa Signature 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.