PrimeWay FCU Visa Cash Preferred Credit Card

PrimeWay FCU Visa Cash Preferred Credit Card Review

This is a rewards card issued by PrimeWay Federal Credit Union. If you're wondering whether PrimeWay FCU Visa Cash Preferred 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 12 months, which is the average period for 0% APR balance transfer cards.
• Signup bonus. Offers a signup bonus of up to $150 if you spend $500 within 3 months.
• Competitive APRs. PrimeWay FCU Visa Cash Preferred Credit Card has a variable purchase APR that ranges from 14.49% up to 23.49%.
• 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.
• 3% Balance transfer fee. PrimeWay FCU Visa Cash Preferred Credit Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 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 3% 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 PrimeWay FCU Visa Cash Preferred Credit Card

PrimeWay FCU Visa Cash Preferred Credit Card FAQ

Does PrimeWay FCU Visa Cash Preferred Credit Card have a cash back or rewards program?

PrimeWay FCU Visa Cash Preferred Credit Card is a rewards card.

What are the PrimeWay FCU Visa Cash Preferred Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for PrimeWay FCU Visa Cash Preferred Credit Card?

PrimeWay FCU Visa Cash Preferred Credit Card has a variable purchase APR that ranges from 14.49% up to 23.49%. The card has a variable balance transfer APR that ranges from 14.49% up to 23.49%. It also has a variable cash advance APR of 25.99% .

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

What are the fees for PrimeWay FCU Visa Cash Preferred Credit Card?

The following fees apply:

• There is no overlimit fee

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

Does PrimeWay FCU Visa Cash Preferred Credit Card report your account activity to credit bureaus?

Yes, PrimeWay FCU Visa Cash Preferred 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 PrimeWay FCU Visa Cash Preferred Credit Card

• Visit the PrimeWay FCU Visa Cash Preferred 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.