Who is this credit card designed for?
Webster Bank Visa Platinum® Card is a credit card issued by Elan Financial Services, which is based in Minneapolis, MN.
Webster Bank Visa Platinum® Card is designed for people with a credit score of 750 to 850. It's perfect for consumers looking for a card without an annual fee. This card supports balance transfers, which is an attractive feature if you have credit card debt and would like to transfer it to a card with a lower APR. 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.
What are the relevant APRs?
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%.
Is an introductory APR offer available?
Yes, Webster Bank Visa Platinum® Card offers an introductory APR rate on balance transfers of 0% for a period of 15 months.
This card does offer an introductory APR rate on new purchases of 0% for a period of 15 months.
What are the fees?
The following fees apply to Webster Bank Visa Platinum® Card:
- There is no annual fee.
- A late payment penalty of $38.
- A returned payment fee of $35.
- There is no overlimit fee
- A foreign transaction fee of 3%. Transactions in a foreign currency get hit with a 3% fee. For example, if you buy a $1,000 flight in euros, you will pay a foreign transaction fee of $30.
Is a rewards program offered?
No, Webster Bank Visa Platinum® Card does not offer a rewards program.
Is a signup bonus offered?
Webster Bank Visa Platinum® Card doesn't offer a cash signup bonus.
Is an annual loyalty bonus offered?
Webster Bank Visa Platinum® Card doesn't offer a cash loyalty bonus.
What additional benefits are offered?
Webster Bank Visa Platinum® Card provides the following benefits:
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:
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.
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
|Grace Period for Late Payment (Days)||24|
|No Annual Fee|
|Late Payment Penalty||$38|
|Returned Payment Fee||$35|
|Minimum Interest Charge||$2|
|Balance Transfer Fee %||3%|
|Balance Transfer Fee Minimum||$5|
|Foreign Currency Transaction Fee||3%|
|Credit Score Range||
750 - 850
850 300 750
|Immigration Status Considered||
|Employment Statuses Considered||
|Supported Income Types||
|Car Rental Insurance|
|Credit Card Benefits||
|Purchase APR (Variable APR)||11.49% - 22.49%|
|Cash Advance APR (Variable APR)||Starting at 25.49%|
|Balance Computation||average daily balance (including new purchases)|
|Balance Transfer APR (Variable APR)||11.49% - 22.49%|
|Intro APR period (months)||15|