The UNFCU Visa Student Classic credit card is perfect for younger people who are trying to build a credit history. Credit is used to determine many things in life, so it is important to have a strong history and a great credit score.
You can look through the best credit cards for building credit for FREE right here!
One of the ways to build up credit is by using a credit card responsibly. The United Nations Federal Credit Union gives students a chance to do this by offering them the Student Visa. It has a number of benefits that a lot of student credit cards do not offer.
UNFCU Visa Student Classic Credit Card Features
With no annual fee, the Student Visa is a good starter card.
Depending on a number of factors, you can be approved for a credit limit of anywhere up to the amount of $2,000.
The credit card has a promotional interest rate of 5.9% for the first six months. After that, the interest rate is variable depending on the prime rate. It is currently at 11.9%.
In order to avoid paying interest on your purchases, you have 25 days to pay off the balance. The ways to build and improve your credit score are to keep your balance low in relation to your credit limit and to pay your bill on time every month. For more tips on how to build your credit score, visit the Federal Reserve’s website.
UNFCU Visa Student Classic Credit Card Benefits
Most student credit cards do not have a rewards program associated with them, but this one does and there is no fee for it. As a cardholder, if you rent a car with your Student Visa you will have rental insurance in the form of a collision damage waiver.
With this UNFCU Visa Student Classic credit card, you get credit life protection for free. You are also protected from unauthorized and fraudulent use of your credit card. This means that you will not be responsible for any charges if your credit card is used incorrectly by an unauthorized user.
Use the FREE card finder tool on this page to compare credit card rates of multiple student credit cards!