NIH FCU Visa Signature Rewards Credit Card

NIH FCU Visa Signature Rewards Credit Card Review

This is a rewards card issued by NIH Federal Credit Union. If you're wondering whether NIH FCU Visa Signature Rewards 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 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 FCU Visa Signature Rewards Credit Card has a variable purchase APR that ranges from 12.99% up to 14.99%.
• 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 FCU Visa Signature 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.
• 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 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 odds if your credit score is above 650.

Pros & Cons of NIH FCU Visa Signature Rewards Credit Card

The Good

The Bad

Potentially 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. There is then a variable purchase APR that ranges from 12.99% up to 14.99%. No annual fee. Multiple credit card perks. Access to a concierge. Extended warranty on purchases. Travel accident and travel assistance insurance. No foreign transaction fee. Cardholders can earn rewards on purchases everywhere NIH FCU Visa Signature Rewards Credit Card is accepted. NIH FCU Visa Signature Rewards Credit Card reports to multiple credit bureaus.

Does not offer a signup bonus. Charges a 2% balance transfer fee

NIH FCU Visa Signature Rewards Credit Card FAQ

Does NIH FCU Visa Signature Rewards Credit Card have a cash back or rewards program?

NIH FCU Visa Signature Rewards Credit Card is a travel rewards card.

NIH FCU Visa Signature Rewards Credit Card Rewards

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

What are the NIH FCU Visa Signature Rewards Credit Card benefits?

It 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 FCU Visa Signature Rewards 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.

NIH FCU Visa Signature Rewards Credit Card has a variable purchase APR that ranges from 12.99% up to 14.99%. The card has a variable balance transfer APR that ranges from 12.99% up to 14.99%. It also has a variable cash advance APR that ranges from 12.99% up to 14.99%.

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 FCU Visa Signature Rewards Credit Card?

The following fees apply:

• There is no overlimit fee

NIH FCU Visa Signature Rewards Credit Card Fees

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

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

Does NIH FCU Visa Signature Rewards Credit Card report your account activity to credit bureaus?

Yes, NIH FCU Visa Signature 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 FCU Visa Signature Rewards Credit Card

• Visit the NIH FCU Visa Signature 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.