Are you tired of high fees and limited benefits from traditional banks? Credit unions might be the answer you're looking for! These member-owned financial cooperatives often have lower fees, better interest rates, and superior customer service. In this article, we'll take a look at the best credit unions for credit cards, highlighting the various perks and benefits they offer. If you're ready to make a switch and maximize your financial power, keep reading!
Best Credit Unions For Credit Cards Table of Contents
Why choose a credit union for credit cards?
- Credit unions typically offer lower fees and better interest rates than mainstream banks, making their credit card products more attractive.
- Customer service is often better at credit unions because they are member-owned and focus on meeting the needs of their community.
- Many credit unions are part of nationwide ATM networks, providing access to thousands of surcharge-free ATMs across the country.
Top Credit Unions for Credit Cards
Here is our list of the best credit unions for credit card offers, tailored to cater to different needs and preferences:
1. Alliant Credit Union: Visa Platinum Rewards Card
- Earn 2x points on every purchase.
- No annual fees, foreign transaction fees, or balance transfer fees.
- 0% introductory APR on purchases and balance transfers for the first 12 months.
2. Navy Federal Credit Union: cashRewards Credit Card
- Earn 1.5% cash back on all purchases, with no cap on rewards.
- No annual fees and no foreign transaction fees.
- 0% introductory APR on balance transfers for the first 12 months.
3. PenFed Credit Union: Platinum Rewards Visa Signature Card
- Earn 5x points on gas purchases, 3x points on grocery purchases, and 1x points on all other purchases.
- No annual fees or foreign transaction fees.
- $100 statement credit after spending $1,500 in the first 90 days.
4. BECU: Cash Back Visa Credit Card
- Earn 1.5% cash back on every purchase, with no limit to the rewards you can earn.
- No annual fees, no balance transfer fees, and no foreign transaction fees.
- 0% introductory APR on purchases and balance transfers for the first 12 months.
5. Delta Community Credit Union: Visa Platinum Rewards Credit Card
- Earn 1 point for every $1 spent, redeemable for travel, merchandise, and gift cards.
- No annual fees, balance transfer fees, or foreign transaction fees.
- 0% introductory APR on purchases and balance transfers for the first 6 months.
Best Credit Unions For Credit Cards Example:
Imagine you're a frequent traveler who spends an average of $500 a month on gas and $300 on groceries. If you use the PenFed Platinum Rewards Visa Signature Card, you would earn 2,500 points (5x) on gas and 900 points (3x) on groceries, totaling 3,400 points monthly. Over the course of a year, you would earn 40,800 points, which can be redeemed for flights, hotel stays, or gift cards -all while enjoying zero annual fees and no foreign transaction fees.
By choosing a credit union for your credit card needs, you can enjoy better interest rates, lower fees, and superior customer service. The credit unions listed in this article offer an excellent range of credit card products, so go ahead and find the one that best suits your needs.
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