Neighbors Federal Credit Union Step Visa Credit Card

Neighbors Federal Credit Union Step Visa Credit Card Review

This is a card issued by Neighbors Federal Credit Union. If you're wondering whether Neighbors Federal Credit Union Step Visa Credit Card is the right card for you, read on.

Key Takeaways

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 18%
• 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.
• 2% Balance transfer fee. Neighbors Federal Credit Union Step Visa Credit Card charges a fee of 2% on balance transfers. For example, a balance of $1,000 could cost $20 in transfer fees. The minimum fee is $10.
• 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.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Neighbors Federal Credit Union Step Visa Credit Card

Neighbors Federal Credit Union Step Visa Credit Card FAQ

Does Neighbors Federal Credit Union Step Visa Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Neighbors Federal Credit Union Step Visa Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Neighbors Federal Credit Union Step Visa Credit Card?

Neighbors Federal Credit Union Step Visa Credit Card has a variable purchase APR of 18%. The card has a variable balance transfer APR of 18% . It also has a variable cash advance APR of 18% . Note that late payments are subject to an APR of 18% 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 Neighbors Federal Credit Union Step Visa Credit Card?

The following fees apply:

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does Neighbors Federal Credit Union Step Visa Credit Card report your account activity to credit bureaus?

Yes, Neighbors Federal Credit Union Step Visa Credit Card 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 Neighbors Federal Credit Union Step Visa Credit Card

• Visit the Neighbors Federal Credit Union Step Visa Credit Card 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.