Premier Members CU Platinum Visa Credit Card

Premier Members CU Platinum Visa Credit Card Review

This is a rewards card issued by Premier Members Credit Union. If you're wondering whether Premier Members CU Platinum Visa 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.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 6 months.
• Competitive APRs. Premier Members CU Platinum Visa Credit Card has a variable purchase APR that ranges from 11.15% up to 21%.
• 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.
• 2.5% Balance transfer fee. Premier Members CU Platinum Visa Credit Card charges a fee of 2.5% on balance transfers. For example, a balance of $1,000 could cost $25 in transfer fees. The minimum fee is $5.
• 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.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of Premier Members CU Platinum Visa Credit Card

Premier Members CU Platinum Visa Credit Card FAQ

Does Premier Members CU Platinum Visa Credit Card have a cash back or rewards program?

Premier Members CU Platinum Visa Credit Card is a rewards card.

What are the Premier Members CU Platinum Visa Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Premier Members CU Platinum Visa Credit Card?

Premier Members CU Platinum Visa Credit Card has a variable purchase APR that ranges from 11.15% up to 21%. The card has a variable balance transfer APR that ranges from 11.15% up to 21%. It also has a variable cash advance APR that ranges from 13.15% up to 21%. Note that late payments are subject to an APR of 21% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for Premier Members CU Platinum Visa Credit Card?

The following fees apply:

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

Does Premier Members CU Platinum Visa Credit Card report your account activity to credit bureaus?

Yes, Premier Members CU Platinum 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 Premier Members CU Platinum Visa Credit Card

• Visit the Premier Members CU Platinum Visa 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.