Virginia CU Essential Mastercard®

Virginia CU Essential Mastercard® Review

This is a card issued by Virginia Credit Union. If you're wondering whether virginia credit union essential is the right card for you, read on.

Key Takeaways

• Competitive APRs. Virginia CU Essential Mastercard® has a variable purchase APR that ranges from 12.74% up to 23.74%.
• Multiple credit card benefits. Includes generous credit card perks, such as access to a concierge, emergency support, extended warranty protection on purchases, identity theft protection, travel accident insurance, travel assistance, and fraud protection.
• 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 virginia credit union essential

The Good	The Bad
Potentially lower than average purchase APRs. Multiple credit card perks. Access to a concierge. Extended warranty on purchases. Identity Theft Protection. Travel accident and travel assistance insurance. Considers applicants with fair credit. Virginia CU Essential Mastercard® 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.

virginia credit union essential FAQ

Does virginia credit union essential have a cash back or rewards program?

No, it does not offer a rewards program.

What are the virginia credit union essential benefits?

It provides the following benefits:

• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for virginia credit union essential?

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.

Virginia CU Essential Mastercard® has a variable purchase APR that ranges from 12.74% up to 23.74%. The card has a variable balance transfer APR that ranges from 12.74% up to 23.74%. It also has a variable cash advance APR that ranges from 12.74% up to 23.74%.

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

What are the fees for virginia credit union essential?

The following fees apply:

virginia credit union essential Fees

Fees	Amount
Annual Fee

Does Virginia CU Essential Mastercard® report your account activity to credit bureaus?

Yes, Virginia CU Essential Mastercard® 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 virginia credit union essential

• Visit the virginia credit union essential 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.