Choosing the right credit card can be complicated, with all the rates, perks, and other information to consider. If you’re like me and then to avoid complicated things, a credit card with a simple rewards system, flexible credit limits, and no annual fee might be the best.
After conducting my own thorough search, I came across two Visa personal credit cards from Visions Federal Credit Union that were able to satisfy the three things I wanted out of a credit card.
In this article, I’ll tell you all about the Visions Visa Platinum credit card and Visions Elite Visa Signature credit card, and their features and benefits. Learn about the cards’ fees and rates and the eligibility requirements to apply.
- Visions Visa Personal Credit Cards
- Visions Visa Platinum Credit Card – Features and Benefits
- Visions Elite Visa Signature Credit Card – Features and Benefits
- Interest Rates and Fees for Visions Personal Credit Cards
- Applying for a Visions Visa Credit Card
- Payments and Interest on Purchases
Visions Visa Personal Credit Cards
The Visa personal credit cards from Visions Federal Credit Union caught my eye because of their multitude of features and benefits, from mobile wallet support to purchase alerts.
The Visions Visa credit cards also claim to have a rewards system that is simple to understand so points are easy to earn and redeem.
The two personal credit card options with Visions are the Visa Platinum credit card and the Elite Visa Signature credit card.
Building or rebuilding credit is also easy through the secured credit card setup that you can use with those two personal credit cards.
Secured Credit Card Option
Individuals looking to build or re-build their credit could opt for a secured credit card. This means that some of your money will be withheld as collateral with your credit limit is tied to it.
For example, if you agree to commit $5,000 to be held in your account, your credit line would be limited to $5,000 too. This ensures that you won’t spend over the limit and everything will be paid for just in case.
You may qualify for an unsecured card after a year or two of making consistent payments and the money held in your account will be released back to you.
Visions Visa Platinum Credit Card – Features and Benefits
The Visa Platinum card is a great everyday credit card because it gives 1% cash back on purchases with an option for automatic redemption. It also has no annual fee and no balance transfer fee.
A glaring feature for me is the simplicity of its rewards system, with its one dollar = one point conversion. These rewards can be used to buy gift cards, pay for travel, and donate to charity, among other things.
The card is also compatible with mobile wallets, including Apple Pay, Samsung Pay, Google Pay, Garmin Pay, and Fitbit Pay, so you can make fast and secure payments online and offline.
Additional Perks of the Visa Platinum Credit Card
Beyond the mobile wallet support, the Visa Platinum is also a great way to make contactless payments due to its Tap to Pay functionality.
As a credit card user, you will feel secure because of its Visa Purchase Alerts feature and Visa Zero Liability Protection. You will also get purchase security/extended protection, as well as travel accident insurance.
If you’re keen on traveling and road trips, you may feel at ease with the roadside assistance and travel emergency assistance services you can get if you use the Visa Platinum credit card.
Visions Elite Visa Signature Credit Card – Features and Benefits
Aside from the zero annual fee and zero balance transfer fee, those who will get approved for the Elite Visa Signature card will be able to take advantage of the 0% APR on purchases for the first 12 months.
It has a higher cash back rate than the Visa Platinum, earning 2% cash back on purchases with an automatic redemption option.
Similar to the Visa Platinum, it can be used for contactless payments via Tap to Pay and is compatible with the different mobile wallets mentioned earlier.
Additional Perks of the Elite Visa Signature Credit Card
The perks associated with the Visa Platinum Card, such as purchase alerts, zero liability protection, travel accident insurance, and roadside assistance, are all available to Elite Visa Signature cardholders too.
Elite Visa Signature users also get additional perks like the Visa Signature Luxury Hotel Collection, the Visa Signature Concierge Service, and Auto Rental Collision Damage Waiver.
There are also several reimbursement benefits, including trip delay reimbursement, lost luggage reimbursement, and baggage delay reimbursement.
Interest Rates and Fees for Visions Personal Credit Cards
As of November 2021, the annual percentage rate (APR) for the Visions Visa Platinum credit card is 8% to 17.5% while the Elite Visa Signature credit card has an APR of 9% to 12.5%.
When purchasing from overseas suppliers or making purchases while traveling abroad, a foreign transaction fee of up to 1% per transaction may be imposed for Visa Platinum cardholders but not for Elite Visa Signature cardholders.
Late payments will incur a late payment fee of $20 or the amount of the minimum required payment, whichever is lower.
Other Fees to Remember
If the amount of transactions you make goes over your credit limit, you will need to pay an over-limit fee of $20 or the amount of the transaction exceeding the approved limit, whichever is lower.
When a payment is returned for any reason, cardholders may be subject to a return payment fee amounting to $20 or the required minimum payment, whichever is less.
A document copy fee of $12 may be charged every time you request a copy of a sales draft or statement, except in instances wherein the request is in relation to a billing error made by Visions FCU.
Applying for a Visions Visa Credit Card
You can apply for the Visions Visa Platinum and Elite Visa credit cards by visiting a Visions FCU branch, where they can be instantly issued.
However, you can also submit an online application through their product page on the Visions website.
Click on the “Apply Now!” button and it will take you to a Loan Request Information form.
You will need to identify whether you are a current Visions FCU member and then look for Visa Platinum or Elite Visa Signature on the Type of Loan dropdown selection.
Other Steps for Applying Online
Once you selected the credit card you’re applying for, you will be asked to read the credit card disclosure file and you will need to agree with the disclosure in order to proceed with the application.
If you’re already a Visions FCU member, you only need to place an amount in the loan amount field to continue, if you’re not yet a member, you will be redirected to the membership application form.
Supply the required Borrower and Co-Borrower (if needed) information, such as name, social security number, and address. Then, review the form, and submit your application for approval.
Payments and Interest on Purchases
Visions Visa personal credit cardholders may make payments in person at a branch, at an ATM, over the phone, through online banking, or via the Visions FCU mobile app.
To avoid any interest on purchases, pay the entire balance by the monthly due date, which is at least 28 days after the close of each billing cycle.
Bank Contact Info
For inquiries and other concerns, you may reach Visions FCU by phone using the toll-free number 1-800-242-2120 from Monday through Friday between 8:30 A.M. and 6:00 P.M. and Saturday from 8:30 A.M. to 2:00 P.M.
All mail correspondences, including payments and deposits should be addressed to Visions Federal Credit Union, 24 McKinley Avenue Endicott, New York 13760.
Visions FCU’s corporate headquarters is located at 3301 Country Club Rd, Endwell, New York 13760. Keep in mind that are no teller services offered at this particular location.
The Bottom Line
Overall, the Visa Platinum credit card and Elite Visa Signature credit card from Visions FCU are great options for people looking for a credit card with no annual fee, a simple rewards system, and decent features and benefits. Their secured credit card offering is also a helpful feature for people look to build up their credit.
Check out the Visions FCU website to find out if one of these credit cards would be.a good fit for you and your spending needs. Note: There are risks involved when applying for and using credit Consult the bank’s terms and conditions page for more information.