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 make 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 the 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 loan history and build credit without the worry of a negative loan.
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 on 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.
Establish a loan history and build credit without the worry of a negative loan.
- No annual fee
- No balance transfer fee
- No cash advance fee
- Low, competitive fixed rate
- 7.77% APR on balance transfers
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.
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Ready to Get Started?
|Minimum Payment Due||2.5% of balance or $20.00 minimum|
|Foreign Transaction||1.00% of each transaction in U.S. dollars|
|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|
|Returned Payment||Up to $25.00|
APR=Annual Percentage Rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. All loans subject to approval. Restrictions may apply; see credit union for details.