PSECU Classic Credit Card

PSECU Classic Credit Card Review

This is a card issued by The Pennsylvania State Employees CU. If you're wondering whether PSECU Classic Credit Card is the right card for you, read on.

Key Takeaways

• Competitive APRs. PSECU Classic Credit Card has a variable purchase APR of 9.9%
• 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.
• 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.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of PSECU Classic Credit Card

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Considers applicants with fair credit. No foreign transaction fee. PSECU Classic Credit Card reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase. Does not include many credit card benefits.

PSECU Classic Credit Card FAQ

Does PSECU Classic Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the PSECU Classic Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for PSECU Classic 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.

PSECU Classic Credit Card has a variable purchase APR of 9.9%. The card has a variable balance transfer APR of 2.9% . It also has a variable cash advance APR of 9.9% .

What are the fees for PSECU Classic Credit Card?

The following fees apply:

PSECU Classic Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Late Payment Fee	up to $20

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

Does PSECU Classic Credit Card report your account activity to credit bureaus?

Yes, PSECU Classic 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 PSECU Classic Credit Card

• Visit the PSECU Classic 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.