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Bremer Bank Visa Signature Bonus Rewards PLUS Card — Simple, but Worthy?

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Located within North Dakota, Minnesota and Wisconsin, Bremer Bank is an employee-owned bank founded in 1943. Though the bank is limited in terms of location and branches, there is a variety of services offered for customers including personal banking, commercial, small business solutions, wealth management and even agriculture services. To accommodate the needs of bank members, Bremer Bank offers a selection of credit cards with quality benefits to meet spending needs and habits. The Bremer Bank Visa Signature Bonus Rewards PLUS Card can easily be compared to the other Visa options to determine if it’s a right fit.

In addition to the Bremer Bank Visa Signature Bonus Rewards PLUS Card, Bremer Bank customers also have the options of the Visa Platinum Card, Visa College Rewards, Visa Bonus Rewards and Secured Visa. What makes the Bremer Bank Visa Signature Bonus Rewards PLUS Card worth signing up for compared to these other rewards credit cards? Here is just a sampling of the benefits associated with the Bremer Bank card:

  • Reward points – no limits or caps on the number of points you can earn annually
  • Introductory offer
  • Low annual fee

When comparing credit cards, it’s a good idea to balance out the rewards with the required fees. This is especially helpful when it comes to annual fees – the Bremer Bank Visa Signature Bonus Rewards PLUS Card has a low fee, $50 each year, but if the rewards aren’t helpful or take too long to redeem them for desired goods or services, then it might not be worth paying any annual fee. The bottom line is this: if you’re going to pay for the privilege of having the card in a wallet, then it makes sense to make the card work for you.

Benefits of the Bremer Bank Visa Signature Bonus Rewards PLUS Card

Compared to other rewards credit cards, cardholders might find that the benefits of the Bremer Bank Visa Signature Bonus Rewards PLUS Card are adequate, but not spectacular. For first-time credit users or those who want to earn rewards without being too involved, the Bremer Bank Visa Signature Bonus Rewards PLUS Card is ideal.

The simple formula offered with the credit card involves earning 1 point for every $1 spent – anytime or anywhere Visa is accepted. This works well for credit card holders who don’t do any one thing specifically to earn points, such as dine out frequently or travel. The Bremer Bank Visa Signature Bonus Rewards PLUS Card can be used to earn points at the grocery store or gas station – which makes it easy for everyone to earn the number of rewards that fits within spending habits. While the way in which to earn rewards points isn’t as lucrative as some other credit cards offer, the Bremer Bank Visa Signature Bonus Rewards PLUS Card features a 50% bonus on points earned each month – which is tallied automatically. This benefit alone is a good reason to look at the PLUS card. One thing to look for with rewards cards is the limitation on earning points – or if there is an expiration date for using them. While the Bremer Bank Visa Signature Bonus Rewards PLUS Card does not have a limit to the number of points that can be earned annually, they must be redeemed within five years of earning them – not too bad compared to requirements with other major credit cards.

Additional benefits include:

  • Visa Zero Liability fraud protection
  • $50 cash back (equal to 5,000 points) with the first purchase using the credit card

Overall, these rewards and benefits are fairly standard, which works for many cardholders who prefer an easy to use credit option.

Terms and Conditions for the Bremer Bank Visa Signature Bonus Rewards PLUS Card

The Bremer Bank Visa Signature Bonus Rewards PLUS Card offers an introductory rate, which is always an eye-catching deal for those looking to sign up for a rewards card. This card in particular features a 0% annual percentage rate for the first six billing cycles, but then increases to anywhere between 9.99% and 20.99% depending on credit history and credit worthiness. The 0% introductory rate is always a good thing, but the six month limit is not as competitive – there are plenty of other Visa Signature cards to compare that offer at least 12 months with an introductory rate; however, as a Bremer Bank customer, the six months is still a decent option if you qualify for a lower APR.

Balance transfers are provided with the same conditions – 0% APR introductory offer, then an increase after six months to between 9.99% and 20.99%. This low interest rate makes it appealing to transfer any high balance from another card to the Bremer Bank Visa Signature Bonus Rewards PLUS Card at least for the six months interest-free option. Even if you have the 20.99% APR and transferring from a higher interest rate, it’s worth the move.

The rates on cash advances are standard, provided with an APR of 23.99%, while foreign transaction fees vary between 2% and 3% depending on whether the transaction is made in domestic or foreign currency. Late payments are substantial, coming in at $35 for any late or returned payments. The annual membership fee of $50 is also something to consider when applying for the Bremer Bank Visa Signature Bonus Rewards PLUS Card.

Online banking is also provided to cardholders, which makes it easy to monitor accounts and pay bills online to avoid late fee penalties. The Bremer Bank Visa Signature Bonus Rewards PLUS Card is average in its benefit offerings, but for customers of the bank who simply want to earn rewards on everyday purchases, it’s a fairly good option. Always weigh the pros and cons when it comes to rewards credit cards, as there are hundreds out there that offer more points based on certain purchases – such as double or triple the points when used at gas stations or restaurants – that might give you more bang for your buck!

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