NIH Federal Credit Union Visa Signature Cash Rewards Credit Card Review

NIH Federal Credit Union Visa Signature Cash Rewards Credit Card is a rewards credit card issued by NIH Federal Credit Union. If you're wondering whether NIH Federal Credit Union Visa Signature Cash Rewards Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 15 months, which is longer than the average 0% APR period of 12 months.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 15 months.
• Competitive APRs. NIH Federal Credit Union Visa Signature Cash Rewards Credit Card has a variable purchase APR that ranges from 10.99% up to 15.99%.
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 2% Balance transfer fee. NIH Federal Credit Union Visa Signature Cash Rewards 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.
• Multiple credit card benefits. Includes generous credit card perks, such as access to a concierge, emergency support, extended warranty protection on purchases, travel accident insurance, travel assistance, and fraud protection.
• Fair or better credit required. You will have good approval oods if your credit score is above650.

The Good

The Bad

Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 15 months. 0% APR on new purchases during the first 15 months. No annual fee. Multiple credit card perks. Access to a concierge. Extended warranty on purchases. Travel accident and travel assistance insurance. Cardholders can earn rewards on purchases everywhere NIH Federal Credit Union Visa Signature Cash Rewards Credit Card is accepted. NIH Federal Credit Union Visa Signature Cash Rewards Credit Card reports to multiple credit bureaus.

Does not offer a signup bonus. Charges a foreign transaction fee of 1%. Charges a 2% balance transfer fee.

Is there a NIH Federal Credit Union Visa Signature Cash Rewards Credit Card cash back or rewards program?

NIH Federal Credit Union Visa Signature Cash Rewards Credit Card offers a rewards program to its customers.

NIH Federal Credit Union Visa Signature Cash Rewards Credit Card Rewards

Minimum rewards rate	1x
Max rewards rate	N/A
Annual rewards limit	N/A

What are the NIH Federal Credit Union Visa Signature Cash Rewards Credit Card benefits?

NIH Federal Credit Union Visa Signature Cash Rewards Credit Card provides the following benefits:

• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for NIH Federal Credit Union Visa Signature Cash Rewards Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. NIH Federal Credit Union Visa Signature Cash Rewards Credit Card has lower than average purchase APRs.

NIH Federal Credit Union Visa Signature Cash Rewards Credit Card has a variable purchase APR that ranges from 10.99% up to 15.99%. The card has a variable balance transfer APR that ranges from 10.99% up to 15.99%. It also has a variable cash advance APR that ranges from 10.99% up to 15.99%.

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

What are the fees for NIH Federal Credit Union Visa Signature Cash Rewards Credit Card?

The following fees apply to NIH Federal Credit Union Visa Signature Cash Rewards Credit Card:

• There is no overlimit fee

NIH Federal Credit Union Visa Signature Cash Rewards Credit Card Fees

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

Does NIH Federal Credit Union Visa Signature Cash Rewards Credit Card report your account activity to credit bureaus?

Yes, NIH Federal Credit Union Visa Signature Cash Rewards 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 NIH Federal Credit Union Visa Signature Cash Rewards Credit Card

• Visit the NIH Federal Credit Union Visa Signature Cash Rewards 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.