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  Webster Bank Visa Platinum® Card

Webster Bank Visa Platinum® Card

in Personal Credit Cards from Elan Financial Services

Unaffiliated

Webster Bank Visa Platinum® Card

Unaffiliated

in Personal Credit Cards from Elan Financial Services

Net Recommendation Score -100% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

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Highlights
Highlights
Community Rating

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Balance Transfer APR  (Variable APR) 11.49% - 22.49%
Credit Score Range 750 - 850
Annual Fee $0
Purchase APR  (Variable APR) 11.49% - 22.49%

Webster Bank Visa Platinum® Card Review

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

  • 0% balance transfer intro rate. Offers an introductory APR rate on balance transfers of 0% for up to 15 months , which is longer than the average 0% APR period of 12 months.
  • Competitive APRs. Webster Bank Visa Platinum® Card has a variable purchase APR of up to 22.49%.
  • 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.
  • Accepts cosigners. Elan Financial Services is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
  • Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, travel assistance, and fraud protection.
  • Very good credit required. Applicants will typically need a credit score of at least 750 to qualify.
The Good The Bad
  • Lower than average purchase APRs.
  • No annual fee.
  • Has an introductory APR rate on balance transfers of 0%.
  • Multiple credit card perks.
  • Webster Bank Visa Platinum® Card reports to multiple credit bureaus.
  • Offers auto rental collision damage waiver.
  • Extended warranty on purchases.
  • Travel assistance insurance
  • Requires good to excellent credit.
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • Charges a foreign transaction fee of 3%.
  • You don't earn rewards on every purchase.

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.

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
  • Zero fraud liability
  • Travel Assistance
  • ID Theft Protection
  • Reports to major credit bureaus

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

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Webster Bank Visa Platinum® Card has lower than average purchase 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% .

Does Webster Bank Visa Platinum® Card have an introductory APR offer on balance transfers??

Yes, Webster Bank Visa Platinum® Card offers an introductory APR rate on balance transfers of 0% for a period of up to 15 months.

Webster Bank Visa Platinum® Card Balance Transfers
Description
Balance Transfer APR 11.49% - 22.49%
Introductory Rate 0%
Intro APR period (months) 15

Does Webster Bank Visa Platinum® Card have an introductory APR offer on new purchases??

This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 15 months.

What are the Webster Bank Visa Platinum® Card fees?

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

  • There is no overlimit fee
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 have a foreign transaction fee?

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.

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 on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Webster Bank Visa Platinum® Card

  • Visit the Webster Bank Visa Platinum® 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 you're denied click here to find out why your application may have been rejected and what you can do about it.

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.

SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

  • Headquarters
  •   200 South 6th Street
    Minneapolis, MN 55402 USA
  •   Visit Site

About Webster Bank Visa Platinum® Card

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

No Annual Fee  
Annual Fee $0
Over-Limit Fee $0
No Interest Grace Period for Late Payment 24
Foreign Currency Transaction Fee 3%
Minimum Interest Charge $2
Returned Payment Fee $35
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%
Late Fee Amount $38
Customer Type Personal
Minimum Age 18
Co-signing Allowed  
Supported Income Types
  • 1099 Misc. Income
  • Cash
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Card Type
  • Balance Transfer
  • Zero Percent
Card Network
  • Visa
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Travel Insurance  
Fraud Liability  
Extended Warranty  
Car Rental Insurance  
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Extended Warranty Protection
  • Fraud Liability
  • Identity Theft Protection
  • Travel Assistance
Cash Advance APR (Variable APR) Starting at 25.49%
Purchase APR (Variable APR) 11.49% - 22.49%
Introductory Rate 0%
Balance Computation average daily balance (including new purchases)
Intro APR period 15
Balance Transfer APR (Variable APR) 11.49% - 22.49%
Introductory Rate 0%
Intro APR period 15

Webster Bank Visa Platinum® Card Community Reviews

 

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