Great balance transfer credit card: Platinum Rewards Visa
After reviewing Addison Avenue Federal Credit Union’s high interest checking account the other day, BankVibe reader Justin brought another noteworthy product to our attention offered by the same institution. Currently, Addison Avenue FCU has a decent Platinum Rewards Visa Credit Card which has a considerable list of benefits. For starters they are offering a very low 3.99% APR balance transfer rate, while at the same timing providing 1% cash back on purchases. If you’d like you can swap the 1% cash back for rewards points redeemable at CURewards.com.
Exclusive List of Rewards for their members (as seen on their website):
The Rewards feature allows cardholders to earn one rewards point for every dollar spent on net purchases (excludes returns, cash advances and balance transfers). Points can be exchanged for great merchandise and travel services.
The Cash Back feature allows cardholders to earn 1% back for every dollar spent on net purchases (excludes returns, cash advances and balance transfers). Other great features include:
- No hassle redemption process-rebate is automatically deposited into your membership account
- No monthly or annual restrictions, caps and thresholds on your rebate
- Start earning cash back rewards with your very first purchase
3.99% balance transfers
Get a special introductory APR* of 3.99% on balance transfers for 12 months when you open a new Platinum Visa account. Transfers must be completed within the first 6 months to qualify for this offer.
November 5th, 2009 at 10:40 pm
Definitely not a bad card for some scenarios. I personally am a big fan of almost any type of cash back rewards card.