R1 Visa® Platinum Credit Card
The R1 Visa® Platinum Credit Card provides you with the convenience of a credit card with the security of a great rate.
Enjoy the Power of Platinum
We have added new benefits to our Platinum cards. We think our members deserve something they can count on, and the combination of better security and even more benefits makes our cards a cut above the rest.
No Annual Fee
Simple and hassle-free to help you keep more of your own money.
No Balance Transfer Fee
Transfer your other card balances to this one and keep everything in one place.
Competitive Everyday Rate
We offer competitive rates, so you are always saving.
No Cash Advance Fee
Access your credit card balance by requesting a cash advance.
Balance Transfer Rate
All balance transfers receive a low rate of 7.77% APR for the life of the balance transferred.
Secure Credit Card
Our Visa® Platinum Credit Card is also available as a secured card. This is a great way to establish a loan history and build credit without worrying about a negative loan.
Meet a Specialist by Video Chat, calling 800-375-3674, or visiting a branch.
Secure Credit Card
Our Secure Credit Card is a credit-building tool with a backup. Many times the start of bad credit begins with a credit card. Take the liability out of this equation by starting with a secured loan.
How It Works
Typical credit cards allow borrowers to use unsecured credit provided by their financial institution as a payment method for purchases. The secured card requires a cash deposit as collateral on a Secured Credit Card.
For example, when the account is backed with $500 as secured collateral, it is frozen in the account. In turn, the member can use a maximum of $500 on their card.
Advantages
Establish a loan history and build credit without worrying about a negative loan.
Uses
The primary function of a Secured Credit Card is to be used as a training tool until the member is ready for an unsecured card. It is also great for building positive credit and payment history.
This card can be used just like any regular credit card and accepted at any retailer that allows Visa® purchases.
You May Also Be Interested In
Personal Loans
Get the funds you need with simple financing terms that fit your budget.
Consolidate high-interest debt or pay for unplanned expenses. Get quick access to funds—as soon as the next business day—and enjoy low, fixed monthly payments.
Line of Credit
Get the flexibility to receive funds when you need it the most.
Easily manage changes in your monthly cash flow. Advance funds to your checking account as needed. Get a low, APR and only pay interest on the money you borrow.
R1 Rewards Visa® Signature Credit Card
Convenience of a Visa® Credit Card, with rewards for your purchases.
Whether you’re paying for everyday expenses or making larger lifestyle investments, each purchase you make earns you 1.5%1 cash back.
Ready to Get Started?
Virtual Branch
Ready to apply now, meet with our virtual branch staff through video chat.
Disclosures
| Fee Type | Fee |
|---|---|
| Annual Fee | None |
| Replacement Card | $5.00 |
| Minimum Payment Due | 2.5% of balance or $50.00 minimum |
| Transaction Fees | |
| Balance Transfer | None |
| Cash Advance | None |
| Foreign Transaction | 1.00% of each transaction in U.S. dollars |
| Penalty Fees | |
| Late Payment | If we do not receive the required minimum payment within 10 days of the payment due date, you will be charged a late payment fee of $25.00 |
| Over-the-Credit Limit | None |
| Returned Payment | Up to $25.00 |
For additional context and information please see text descriptions found here
APR=Annual Percentage Rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. All loans are subject to approval. Restrictions may apply; see credit union for details.
