The Eastman Credit Union Visa Gold credit card is Eastman Credit Union’s premier credit card. What this means it is not for people with bad credit. You must have an exceptional to perfect credit score in order to qualify for this card.
Compare credit cards online with the credit card chaser tool!
This credit card is one of four offered by the Eastman Credit Union. You do need to be a member of this credit union to apply; however, opening an account only requires $25.
Eastman Credit Union Visa Gold Credit Card Overview
This credit card is not a rewards credit card. It has the option of a variable APR or a fixed APR for credit card interest. If you choose the variable APR, you will get a lower interest rate.
Many people find this appealing because they believe that the variable APR will change regularly. However, the APR is based on the prime rate, which is not changed in a number of years.
The Financial Forecast Center does not predict a change in the interest rate for the next year. As there are no other benefits to choosing a higher interest rate card if you qualify you should choose the variable rate.
This credit card offers you the additional benefit of giving you auto rental insurance when you use this card to pay for your car rental.
Terms for the Eastman Credit Union Visa Gold Credit Card
As mentioned above, this card offers two rates. The Visa Gold fixed rate is 10.9%, while the variable rate is 7.75%. As you can see, there is nearly a three-percentage point difference between the fixed rate, versus the variable rate. If you plan to carry a balance on your credit card, this could make a great difference in how much you pay in interest each year.
This card has no annual fee, no ATM fees, no cash advance fees, no transaction fees or any other fees to speak of other than a late payment fee of up to $25, which is based on your credit card balance.
Eastman Credit Union Visa Gold Credit Card Verdict
If you have great credit, and you are a member of this credit union, then this could potentially be an excellent card. It is a little sneaky, to suggest that a fixed-rate card is going to save you money over time. However, an informed consumer can take advantage of the variable rate option.
Use the free card finder tool to do an online credit card comparison now!
- Eastman Credit Union Visa Classic Credit Card
- Eastman Credit Union Visa Platinum Preferred Credit Card
- Eastman Credit Union Visa Secure Credit Card
- Eastman Credit Union Business Visa Credit Card
- Earthmover Credit Union Visa Platinum Preferred Credit Card
- Washington State Employees Credit Union Visa Gold Rebate Credit Card
- Are there any current fixed credit card rates?