Patriot Federal CU Secured VISA® Credit Card

Patriot Federal CU Secured VISA® Credit Card Review

This is a secured credit card card issued by Patriot Federal Credit Union. If you're wondering whether patriot federal credit union 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 17.99%
• 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.
• 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.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have relatively good approval odds.

Pros & Cons of patriot federal credit union

The Good	The Bad
Has an introductory APR rate on balance transfers of 1.99%. No balance transfer fee. No annual fee. Identity Theft Protection. Considers applicants with fair credit. Patriot Federal CU Secured VISA® Credit Card reports to multiple credit bureaus.	Higher than average purchase APRs. Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 1%. You don't earn rewards on every purchase.

patriot federal credit union FAQ

Does patriot federal credit union have a cash back or rewards program?

No, it does not offer a rewards program.

What are the patriot federal credit union benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for patriot federal credit union?

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 higher than average regular APRs.

Patriot Federal CU Secured VISA® Credit Card has a variable purchase APR of 17.99%. The card has a variable balance transfer APR of 17.99% . It also has a variable cash advance APR of 17.99% .

What are the fees for patriot federal credit union?

The following fees apply:

Patriot Federal CU Secured VISA® Credit Card Fees

Description
Foreign Currency Transaction Fee	1%
No Annual Fee?
Annual Fee	$0
No Interest Grace Period for Late Payment	25 days
Returned Payment Fee	Up to $25
Paper Statement Fee	$3
Late Fee Amount	Up to $25

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

Does Patriot Federal CU Secured VISA® Credit Card report your account activity to credit bureaus?

Yes, Patriot Federal CU Secured 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 patriot federal credit union

• Visit the patriot federal credit union 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.