Because the DCU Visa® Platinum Credit Card has an extremely low ongoing APR on purchases and balance transfers, it may be an ideal option if you typically carry a balance on your credit card from month to month — if you can qualify for the lowest interest rate.
The DCU Visa® Platinum Credit Card doesn’t offer a rewards program. However, it does come with a $0 annual fee and $0 in foreign transaction fees. As for balance transfer and cash advance fees — there are none.
We highlight the pros and cons of the DCU Visa® Platinum Credit Card and show how it compares to similar low-interest-rate credit cards to help determine if it’s the right fit for you.
Intro Purchase APR
N/A
Regular Purchase APR
13.75% to 18.00% (variable)
Intro BT APR
N/A
Regular BT APR
13.75% to 18.00% (variable)
Annual Fee
$0
Cash Advance Fee
None
Foreign Transaction Fee
$0
Balance Transfer Fee
None
Low ongoing APR
With an APR range of 13.75% to 18.00% (variable), the DCU Visa® Platinum Credit Card could be a great card to have in your wallet if you tend to carry a balance, and if you can qualify for the low end of the APR range.
Annual fee
DCU Visa® Platinum Credit Card holders receive a $0 annual fee.
Limited other fees
Along with a $0 annual fee, the DCU Visa® Platinum Credit Card doesn’t assess a lot of other typical credit card fees, including:
Note, the card does assess a late payment fee of up to $35. Also know, if you miss a payment, you can lose the low APR.
No rewards program
With the DCU Visa® Platinum Credit Card, you won’t earn rewards on the purchases you make or a sign-up bonus, since the card doesn’t offer a rewards program.
If you’re interested in earning points, cash back or miles from your purchases, take a look at these rewards credit cards.
No intro APR
While the DCU Visa® Platinum Credit Card comes with a very reasonable ongoing APR, it doesn’t offer a 0% intro APR on purchases or balance transfers.
If you’re looking for a card with an interest-free period for a year or longer, check out these 0% intro APR cards.
Limited benefits
The DCU Visa® Platinum Credit Card doesn’t offer some common card benefits, like purchase protection or extended warranty. However, that’s pretty typical for a $0 annual fee card with no rewards program.
DCU membership required
To apply for the DCU Visa® Platinum Credit Card, you’ll need to be a member of Digital Federal Credit Union.
To be eligible, you must be related to a current DCU member, employed by or retired from a participating company, belong to an eligible organization or live, work, worship or attend school in an eligible community. You can also join a participating nonprofit for a nominal fee.
If you need to finance a large purchase over time, or you have a large amount of high-interest debt that you need to transfer, a card that offers an interest-free period for a year or longer could be a much better choice for you — a card like the Citi Simplicity® Card, issued by our partner Citi.
The Citi Simplicity® Card offers an intro APR of 0% for 12 months on purchases; after that, a 19.24% - 29.99% (variable) applies.
In addition, the card has an intro APR of 0% for 21 months on Balance Transfers, then a 19.24% - 29.99% (variable) applies.
The Citi Simplicity® Card comes with a $0 annual fee, and it won’t assess late fees or a penalty APR if you pay late. That said, because paying your bill late can have a negative impact on your credit score, we recommend always paying your bill on time and in full whenever possible.
You should also know that a there is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. Then a balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum. The Citi Simplicity® Card also charges a cash advance fee of 5% of each cash advance; $10 minimum, as well as foreign transaction fees of 3% of each purchase transaction after its conversion into U.S. dollars.
Credit Cards | Our Ratings | Annual Fee | Welcome Offer | Rewards Rate | Intro Purchase APR | Regular APR | Intro Balance Transfer APR | Regular Balance Transfer Rate | Balance Transfer Fee | Recommended Credit | |
---|---|---|---|---|---|---|---|---|---|---|---|
DCU Visa® Platinum Credit Card
|
N/A | $0 | N/A | N/A | N/A | 13.75% to 18.00% (variable) | N/A | 13.75% to 18.00% (variable) | None | Excellent/Good | |
![]() Citi Simplicity® Card
|
$0 | N/A | N/A | 0% for 12 months on Purchases | 19.24% - 29.99% (Variable) | 0% for 21 months on Balance Transfers | 19.24% - 29.99% (Variable) | There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. Then a balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum. | Excellent/Good | ||
![]() U.S. Bank Visa® Platinum Card
on U.S. Bank's secure site Rates & Fees |
$0 | No bonus | Non-rewards card | 0% intro APR for 18 billing cycles on Purchases | 18.74% - 29.74% (Variable) | 0% intro APR for 18 billing cycles on Balance Transfers | 18.74% - 29.74% (Variable) | Either 3% of the amount of each transfer or $5 minimum, whichever is greater | Excellent/Good |
on U.S. Bank's secure site Rates & Fees |
|
![]() Wells Fargo Reflect® Card
|
N/A | $0 | N/A | None | 0% intro APR 21 months from account opening | 18.24%, 24.74%, 29.99% variable APR | 0% intro APR for 21 months from account opening on qualifying balance transfers | 18.24%, 24.74%, 29.99% variable APR | 5%; min: $5 | Excellent/Good |
If you’re in the market for a card that offers the possibility of a very low APR on purchases and balance transfers, along with limited fees, the DCU Visa® Platinum Credit Card could be a good fit.
But if you’re planning to make a large purchase and pay it off over time or transfer a balance from a high-interest card, a better choice might be the Citi Simplicity® Card. Along with an interest-free period on purchases for a year, that card offers an intro APR on balance transfers for close to two years. The Citi Simplicity® Card also charges a $0 annual fee.
The information related to the DCU Visa® Platinum Credit Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.