Webster Bank Visa Platinum® Card Review

Webster Bank Visa Platinum® Card is a credit card issued by Elan Financial Services. 

Very good credit. This card is for people with very good credit. You need a credit score of at least 750 to apply.

Accepts cosigners. Elan Financial Services is one of the few credit card issuers that allows applicants to include a cosigner, which improves the approval chances of people with not-so-great credit.

If you're wondering whether Webster Bank Visa Platinum® Card is the right card for you, read on. This is everything you need to know to make a good choice.

Is there a Webster Bank Visa Platinum® Card cash back or rewards program?

No, Webster Bank Visa Platinum® Card does not offer a rewards program.

Webster Bank Visa Platinum® Card Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Webster Bank Visa Platinum® Card benefits?

Webster Bank Visa Platinum® Card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Fraud Liability
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Webster Bank Visa Platinum® Card?

Webster Bank Visa Platinum® Card has a variable purchase APR that ranges from 11.49% up to 22.49%. The card has a variable balance transfer APR that ranges from 11.49% up to 22.49%.

It also has a variable cash advance APR starting at 25.49% .

What are the Webster Bank Visa Platinum® Card fees?

No Annual Fee. Webster Bank Visa Platinum® Card does not charge an annual fee.

3% Foreign transaction fees. Webster Bank Visa Platinum® Card charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.

The following fees apply to Webster Bank Visa Platinum® Card:

Webster Bank Visa Platinum® Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	3%
Balance Transfer Fee	3%
Minimum Balance Transfer Fee	$5
Returned Payment Fee	$35
Late Payment Fee	$38

Does Webster Bank Visa Platinum® Card report your account activity to credit bureaus?

Webster Bank Visa Platinum® Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.

How to apply for Webster Bank Visa Platinum® Card

• Visit the Elan Financial Services website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• 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.