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DCU Visa® Platinum Credit Card Review

DCU Visa® Platinum Credit Card Review

Purchase APR
10.00% to 18.00% variable
Annual Fee
$0
Other Benefits
No balance transfer or cash advance fees
Edited by
Julie Sherrier
Reviewed by
Tracy Brackman
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Who is the DCU Visa® Platinum Credit Card best for?

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.

DCU Visa® Platinum Credit Card overview

    • APR as low as 10%
    • No annual fee
    • No cash advance fee
    • No balance transfer fee
    • No foreign transaction fee
  • Credit needed:
    660 850
    Excellent/Good
  • EMV chip technology
  • Mobile wallet compatibility
  • Optional overdraft protection

Intro Purchase APR

N/A

Regular Purchase APR

10.00% to 18.00% variable

Intro BT APR

N/A

Regular BT APR

10.00% to 18.00% variable

Annual Fee

$0

Cash Advance Fee

None

Foreign Transaction Fee

$0

Balance Transfer Fee

None

Pros and cons

Pros

  • Low ongoing interest rate
  • $0 annual fee
  • Limited other fees

Cons

  • No rewards
  • No intro APR
  • Minimal benefits
  • Credit union membership required

What we like about the DCU Visa® Platinum Credit Card

  • Low ongoing APR

    With an APR range of 10.00% 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:

    • A balance transfer fee of none.
    • A cash advance fee of none.
    • $0 in foreign transaction fees.

    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.

What to look out for with the DCU Visa® Platinum Credit Card

  • 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.

Alternate card to the DCU Visa® Platinum Credit Card

Compare it to the Citi Simplicity® Card

| Disclosures
Citi Simplicity® Card
Citi Simplicity® Card
on Citibank's secure site
0% for 12 months on Purchases
16.99% - 26.99% (Variable)
$0
N/A
  • No Late Fees, No Penalty Rate, and No Annual Fee... Ever
  • 0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 16.99% - 26.99%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
  • There is a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater.
  • Stay protected with Citi® Quick Lock and $0 liability on unauthorized charges
690 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

 

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 16.99% - 26.99% (variable) applies.

In addition, the card has an intro APR of 0% for 21 months on Balance Transfers, then a 16.99% - 26.99% (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 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.

Compare the DCU Visa® Platinum Credit Card to similar cards

Comparison of four different credit cards
DCU Visa® Platinum Credit Card Citi Simplicity<sup>®</sup> Card U.S. Bank Visa<sup>®</sup> Platinum Card Wells Fargo Reflect<sup>®</sup> Card
DCU Visa® Platinum Credit Card Citi Simplicity® Card U.S. Bank Visa® Platinum Card Wells Fargo Reflect® Card
Read Review
Apply Now
on Citibank's secure site
Apply Now
on U.S. Bank's secure site
Apply Now
on Wells Fargo's secure site
Annual Fee
$0 $0 $0 $0
Welcome Offer
N/A N/A No bonus N/A
Rewards Rate
N/A N/A None None
Intro Purchase APR
N/A 0% for 12 months on Purchases 0% intro APR for 20 billing cycles on Purchases 0% intro APR up to 21 months from account opening
Regular APR
10.00% to 18.00% variable 16.99% - 26.99% (Variable) 16.74% - 26.74% (Variable) 15.24% - 27.24% variable APR
Intro Balance Transfer APR
N/A 0% for 21 months on Balance Transfers 0% intro APR for 20 billing cycles on Balance Transfers 0% intro APR up to 21 months from account opening on qualifying balance transfers
Regular Balance Transfer APR
10.00% to 18.00% variable 16.99% - 26.99% (Variable) 16.74% - 26.74% (Variable) 15.24% - 27.24% variable APR
Balance Transfer Fee
None Balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum. Either 3% of the amount of each transfer or $5 minimum, whichever is greater 3% for 120 days from account opening, then up to 5%; min: $5
Recommended Credit
Excellent/Good Excellent/Good Excellent/Good Excellent/Good
Card Details
DCU Visa® Platinum Credit Card Citi Simplicity® Card U.S. Bank Visa® Platinum Card Wells Fargo Reflect® Card

Is the DCU Visa® Platinum Credit Card right for you?

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 Wells Fargo Platinum card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.