Porsche Club of America Credit Card Review

Porsche Club of America Credit Card is a credit card issued by Umpqua Bank. If you're wondering whether Porsche Club of America Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
• Competitive APRs. Porsche Club of America Credit Card has a variable purchase APR that ranges from 15.99% up to 19.99%.
• 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.
• 3% Balance transfer fee. Porsche Club of America Credit Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $15.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 2% every time you make a transaction outside the U.S.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

Porsche Club of America Credit Card Pros and Cons:

The Good

The Bad

A percentage of every purchase made on your Porsche Club of America credit card goes back to Porsche Club of America. No annual fee. Convenient cash access at thousands of ATMs Has benefits such as Visa's Zero Fraud Liability Protection, Auto Rental Insurance and Travel Assistance Service. Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 12 months. No annual fee. Offers auto rental collision damage waiver. Travel assistance insurance Porsche Club of America Credit Card reports to multiple credit bureaus.

Has foreign transaction fees. Requires good to excellent credit. Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 2%. You don't earn rewards on every purchase. Charges a 3% balance transfer fee.

Is there a Porsche Club of America Credit Card cash back or rewards program?

No, Porsche Club of America Credit Card does not offer a rewards program.

What are the Porsche Club of America Credit Card benefits?

Porsche Club of America Credit Card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Zero fraud liability
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Porsche Club of America 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. Porsche Club of America Credit Card has lower than average purchase APRs.

Porsche Club of America Credit Card has a variable purchase APR that ranges from 15.99% up to 19.99%. The card has a variable balance transfer APR that ranges from 15.99% up to 26.99%. It also has a variable cash advance APR of 26.99% .

What are the fees for Porsche Club of America Credit Card?

The following fees apply to Porsche Club of America Credit Card:

Porsche Club of America Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	2%
Returned Payment Fee	up to $38
Late Payment Fee	up to $38

Does Porsche Club of America Credit Card report your account activity to credit bureaus?

Porsche Club of America 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 can help improve your credit score.

How to apply for Porsche Club of America Credit Card

• Visit the Porsche Club of America 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 you're denied click here to find out why your application may have been rejected and what you can do about it.

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.