Mcu Credit Card Reviews

It offers a purchase interest rate far below those offered by traditional credit cards. New york s municipal credit union offers a host of credit cards most of them with low purchase interest rates.

Previously you must understand the background of Credit and get some Mcu credit card reviews references in other articles on this website.

Please see the mcu true rewards cash back visa card program description for further information.

Mcu credit card reviews. The card boasts a cash back rate that recently increased from 1 to 1 5. The credit union was chartered in response to the concern of new york city mayor john purroy mitchel who wanted city employees to have a way to save at reasonable rates and a low cost borrowing alternative to loan sharks. Municipal credit union the largest credit union in metropolitan new york was founded in 1916 to help city workers avoid loan sharks.

First swipe your card. Mcu credit card overview. Apr annual percentage rate.

Introductory apr for new cardholders on purchases and balance transfers is 0 00 2 90 3 90 or 5 90 based on your creditworthiness for the first twelve 12 months that your account is open. Using your new chip enabled mcu visa credit card might be a little different from using your credit card in the past. If you re a member of this credit union and you most be employed by the city of new york or a federal government employee working in the city to qualify for membership you can apply for the mcu secured visa credit card.

If the terminal is not chip card enabled the transaction will be processed via the regular magnetic stripe. It now has 18 branches more than 425 000 members and about. Must be a member of mcu credit union to apply for this card.

Earn 1 5 cash back on eligible net purchases. Municipal credit union mcu read unbiased reviews of municipal credit union mcu credit cards. Municipal credit union has been serving the financial needs of their members since 1916.

However the process is fairly simple. Personal loans home loans auto loans. Shop credit cards balance transfer cards reward cards travel cards cash back cards 0 apr cards business cards cards for bad credit cards for fair credit secured cards search credit cards.

Consumers in the market for a new credit card typically have to choose between cards with lucrative rewards and those with low interest rates because few cards offer both new york s municipal credit union joins the ranks of those select cards with its recently upgraded mcu true rewards cash back visa. Classic cards can be upgraded to gold and gold can move to platinum with pre existing balances being grandfathered into the new lower interest rate. Low purchase interest rate.

Ahmed says every three to six months the credit union reviews its portfolios and offers a graduation program for cardholders with a strong repayment history. The mcu visa platinum credit card follows the basic trend of credit cards affiliated with credit unions.

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