Pepco Federal Credit Union Visa Platinum Credit Card

Pepco Federal Credit Union Visa Platinum Credit Card Review

This is a card issued by Pepco Federal Credit Union. If you're wondering whether Pepco Federal Credit Union Visa Platinum Credit Card is the right card for you, read on.

Key Takeaways

• Competitive APRs. Pepco Federal Credit Union Visa Platinum Credit Card has a fixed purchase APR of 9.9%
• No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Pepco Federal Credit Union Visa Platinum Credit Card

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Considers applicants with fair credit. No foreign transaction fee. Pepco Federal Credit Union Visa Platinum Credit Card reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase.

Pepco Federal Credit Union Visa Platinum Credit Card FAQ

Does Pepco Federal Credit Union Visa Platinum Credit Card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Pepco Federal Credit Union Visa Platinum Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Pepco Federal Credit Union Visa Platinum Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Pepco Federal Credit Union Visa Platinum Credit Card has a fixed purchase APR of 9.9%. The card has a fixed balance transfer APR of 9.99% . It also has a fixed cash advance APR of 11.99% .

The good news is this card does not charge a penalty APR if you are late on a payment.

What are the fees for Pepco Federal Credit Union Visa Platinum Credit Card?

The following fees apply:

• An overlimit fee of $35.

Pepco Federal Credit Union Visa Platinum Credit Card Fees

Description
Cash Advance Fee Minimum	$0
Cash Advance Fee (%)	0%
Minimum Cash Advance Fee ($)	$0
Foreign Currency Transaction Fee	0%
No Annual Fee?
No Foreign Transaction Fee?
Annual Fee	$0
Minimum Interest Charge	$1
Over-Limit Fee	$35
No Interest Grace Period for Late Payment	25 days
Returned Payment Fee	Up to $35
Additional Card Fee Amount	$0
Late Fee Amount	Up to $35

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does Pepco Federal Credit Union Visa Platinum Credit Card report your account activity to credit bureaus?

Yes, Pepco Federal Credit Union Visa Platinum Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Pepco Federal Credit Union Visa Platinum Credit Card

• Visit the Pepco Federal Credit Union Visa Platinum Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.