The Union Bank Maximum Rewards Visa Card let’s you get charging for the first 12 billing cycles with a 0% APR on purchases and balance transfers. When the intro period is over, your APR schedule will be as follows:
- Purchase APR of 13.99% up to 19.99%, depending on the Prime Rate as well as your credit score and history;
- 13.99% to 19.99% APR on Overdraft Advances;
- Cash Advance APR of 25.24%;
- Penalty APR of up to 29.99%;
As with most credit cards these days, you will incur that dreaded penalty APR if you make a single late payment on your Union Bank Maximum Rewards Visa Card, have even one payment returned or if you happen to exceed your credit limit. The penalty APR will be applied to your account indefinitely if you mess up. It’s no secret that in today’s credit society, you have to make your minimum monthly payments religiously in order to maintain, or especially to enhance, your credit standing.
Union Bank says that you will always have a minimum of 21 days after receiving your statement to make the minimum payment due. If any interest is charged to your account, it will not be less than $1.75. Interest charges for cash advances, balance transfers and overdraft advances will begin accruing on the date the transactions are initiated. And note that you’ll never have any interest charges to pay if you simply pay your entire balance on or before the due date for each month.
Union Bank Maximum Rewards Visa Card Fees
- No monthly or annual fees;
- Balance transfer fees are the greater of $10 or 3% for the fist 12 billing cycles. After that, the fee is the greater of $10 and 5%;
- Cash advance fees are $15 or 5% of the amount advanced;
- Cash equivalent transactions have fees of $15 or 5% of the transaction amount;
- There will be a $10/day fee assessed for Overdraft Advances;
- Foreign transaction fees are 3% of the amount after conversion to U.S. dollars;
- Late payment and returned payment fees are up to $35 per;
The minimum payment you will have to make each month for your Union Bank Maximum Rewards Visa Card will be calculated by adding any past due amounts to the largest of the following
- New balance if less than $10;
- The greater between $10 and 2% of the new balance;
- Total of current cycle fees plus 1% of the total new balance;
Other Union Bank Maximum Rewards Visa Card Benefits & Features
The Union Bank Maximum Rewards Visa Card, like many others, comes with a host of attractive passive benefits that are in place to make your life easier and more enjoyable. There are so many people who are “sort-of” aware that their credit cards have these benefits, but never use them. They must feel it’s too much effort to read that fine print. Yet when they do, they are pleasantly surprised by the cool features they find. Here are some of the better ones associated with this card:
You will have no preset spending limit on your account. Your Union Bank Maximum Rewards Visa Card is given a revolving spending limit for making purchases and taking cash advances. Now on cash advances, you may only go up to an assigned amount. However on purchases, you may or may not be allowed to exceed the preassigned limit – if you are deemed a worthy risk. For each purchase you attempt to initiate, your account is quickly analyzed and the purchase is either approved, or not, based on factors including:
- The history of your account;
- Your past performance in maintaining the account;
- Any delinquent situations your account may be in;
- Suspicion of fraudulent activity;
- Your general credit history;
It’s convenient to use the Online Access feature to check your balances, pay your bills and view up to 7 years of past statements. FirstGuard® services protect you against any fraudulent activity that may be associated with your Union Bank Maximum Rewards Visa Card. You will incur no liability whatsoever for any charges made fraudulently with your card (unless you did it!). Also, any items you buy with the card are covered against theft and/or accidental damage for 90 days after they are purchased. You also get automatic Extended Warranty coverage for all eligible items purchased. That doubles the standard warranties of all U.S. product purchases.
You will earn 1 point for every dollar you spend on the Union Bank Maximum Rewards Visa Card. There are no limits to the number of points you can earn, and there are no expiration dates on the points. You can redeem your points for gift certificates, merchandise, entertainment and even travel on major airlines. Merchandise from retailers like Neiman Marcus, The Cheesecake Factory, Starbucks, Amazon, Zappos; Bed, Bath & Beyond and more are options.
You can also personalize your new Maximum Rewards credit card by adding your own picture to it. It doesn’t have to be a pic of you. It could be a picture of your kids, or a family shot, or whatever else you choose (well almost). Of course, by putting your own face shot on the card, you will enhance the card’s security. Cardholders are permitted to change the pic on their cards up to four times annually. Just go to the website and use the card design center there. It’s easy, fun and a unique feature that most cards do not offer.
Travel Assistance services makes your family safer on the road by providing roadside assistance emergency services like fixing flat tires, bringing fuel to out-of-gas vehicles and towing you back to safety. There’s also the cool benefit of automatic Traveler’s Insurance of up to $250,000 coverage when you use the card to purchase your tickets for travel. Further, you will always receive a 25% discount from eligible car rental agencies.
First Bankcard issues and services the Union Bank Maximum Rewards Visa Card and is a division of the First National Bank of Omaha.