The AARP Platinum Visa credit card is a card from the Chase credit card company that has a 0% introductory APR for up to 6 months and no annual fee. The 0% rate applies to new credit card purchases and on balance transfers. There are many different balance transfer credit card offers so be sure to read through this AARP credit card review and then compare credit cards with our free credit card finding tool on our home page to choose the card that will end up being best for you!
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AARP Credit Card APR’s
The AARP credit card has a 0% fixed APR for the first 6 monthly billing cycles and then after the first 6 months it maintains a 7.27%, 11.24%, or an 18.24% variable APR (all contingent upon a review of your AARP credit card application and a review of your credit score).
The AARP cash advance APR is 19.24%, the default APR is 29.99%, and the overdraft advance APR is 13.99% fixed (although this rate can vary from state to state).
Additionally, some of the APR’s may vary from month to month depending on the change in the Prime Rate (called a variable rate) including the purchase and balance transfer APR which is the Prime Rate plus, as applicable 3.99%, 7.99%, or 14.99% for outstanding and new balances after the introductory period, the cash advance APR which is the Prime Rate plus 15.99%, and the default APR which is the Prime Rate plus up to 26.99% but capped out at 29.99%.
AARP Credit Card Balance Transfer Information
The AARP Platinum Visa credit card does offer balance transfers that are eligible for the special introductory 0% rate for 6 months although the balance transfer fee is 3% of the total amount transferred with a minimum balance transfer charge of $10.
AARP Credit Card Benefits
Here are some of the benefits of the AARP Platinum Visa credit card:
- No annual fee
- 0% intro rate for 6 months
- Zero liability on unauthorized purchases
Should You Apply for the AARP Credit Card?
No one credit card is best for everyone so be sure and use our free credit card comparison tool to start comparing credit cards now!
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