As suggested by the name, ABNB Federal Credit Union is a credit cooperation, which provides loans and finances to people. It not only believes in doing business, but it also considers people as individuals and serves them according to their financial needs. Anyone can sign up for a loan with them, and benefit from their low interest loans and other services. This credit union offers three types of credit cards, among which one is the ABNB Federal Credit Union Visa Platinum Rewards Card. The card offers some benefits and perks to its customers. Let us look at its features and then decide whether you should go for it or not.
Features of the ABNB Federal Credit Union Visa Platinum Rewards Card
- 1 reward point per dollar on regular purchases
- No annual fee
- No cash advance and balance transfer fees
- UChoose rewards in the form of gift cards, holiday packages, flights, event tickets, merchandise, etc.
- APR: Between 9.49% and 17.99% on cash advances, cash transfers, and regular purchases
- Credit Line: Minimum $500
The ABNB Federal Credit Union Visa Platinum Rewards Card is a low interest credit card. It offers a lot of benefits, and makes you earn reward points as you spend. You don’t have to spend extra, in order to earn the rewards. They can be received even with your regular purchases, including grocery shopping, big and everyday expenses. With this card, you earn 1 reward point per dollar on purchases. These reward points can be redeemed for gift cards, holiday packages, flight and event tickets, merchandise and much more.
The ABNB Federal Credit Union Visa Platinum Rewards Card gives you a chance to earn bonus points on promotional offers at specific retail shops. The process of redeeming these bonus points is simple and quick. You just have to visit their partner website, uChoose Rewards, and browse prizes depending on your reward points and product categories.
However, the ABNB Federal Credit Union Visa Platinum Rewards Card carries an APR (Annual Percentage Rate) between 9.49 to 17.99 percent on cash advances, cash transfers, and regular purchases. The interest rate is variable and decided according to the credit worthiness of the cardholder. The grace period for late fee is 3 days and the late fee payment is up to $25. There is no over-limit fee on this credit card.
The bottom line
The ABNB Federal Credit Union Visa Platinum Rewards Card is a nice choice for people who have a good or great credit score, and who reside in Virginia or North Carolina. Not everyone can sign up for this credit card. However, those who are ABNB members can definitely give it a shot. Before applying, just go through all the terms and conditions of the card.