New England Federal Credit Union Visa Explorer Credit Card

New England Federal Credit Union Visa Explorer Credit Card Review

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

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 6 months , which is shorter than the average 0% APR period of 12 months.
• Competitive APRs. New England Federal Credit Union Visa Explorer Credit Card has a variable purchase APR that ranges from 7.15% up to 15.15%.
• 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.
• 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.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of New England Federal Credit Union Visa Explorer Credit Card

The Good	The Bad
Potentially lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 6 months. No balance transfer fee. No annual fee. Offers Auto Rental Collision Damage Waiver. Considers applicants with fair credit. No foreign transaction fee. New England Federal Credit Union Visa Explorer Credit Card reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase.

New England Federal Credit Union Visa Explorer Credit Card FAQ

Does New England Federal Credit Union Visa Explorer Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the New England Federal Credit Union Visa Explorer Credit Card benefits?

It provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for New England Federal Credit Union Visa Explorer Credit Card?

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.

New England Federal Credit Union Visa Explorer Credit Card has a variable purchase APR that ranges from 7.15% up to 15.15%. The card has a variable balance transfer APR that ranges from 7.15% up to 15.15%. It also has a variable cash advance APR that ranges from 7.15% up to 15.15%.

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for New England Federal Credit Union Visa Explorer Credit Card?

The following fees apply:

• There is no overlimit fee

New England Federal Credit Union Visa Explorer Credit Card Fees

Description
Cash Advance Fee Minimum	$0
Cash Advance Fee (%)	Up to 0%
Minimum Cash Advance Fee ($)	Starting at $0
Foreign Currency Transaction Fee	0%
No Annual Fee?
No Foreign Transaction Fee?
Annual Fee	$0
Over-Limit Fee	$0
No Interest Grace Period for Late Payment	25 days
Returned Payment Fee	$0
Paper Statement Fee	$5
Late Fee Amount	Up to $20

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

Does New England Federal Credit Union Visa Explorer Credit Card report your account activity to credit bureaus?

Yes, New England Federal Credit Union Visa Explorer 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 New England Federal Credit Union Visa Explorer Credit Card

• Visit the New England Federal Credit Union Visa Explorer 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.