Like other similar organizations, the University of Maryland Alumni Association exists to support the school with various programs and keep alumni in contact with one another as well as the university. Among the benefits of alumni association membership is the University of Maryland credit card. This card is a Visa product issued by J.P. Morgan Chase and can be used around the world wherever Visa is accepted.
The card features a photographic image of the university’s bright red “M”, created with red flowers on a gentle slope of grass. In the top left corner is the University of Maryland logo while the right side features the Chase and Visa logos. This appears to be only design available. Compare it with other credit cards now!
The Chase website advertises an instant decision when you apply online. Their simple, one-page application is not complicated and can be filled out in a matter of minutes. During the application process consumers can request up to three balance transfer credit card transactions from other credit card accounts as well as a second card at no extra cost. If a second card is requested, income information is required for the additional card holder.
University of Maryland Credit Card Rates and Fees
At 13.24% to 19.24%, the standard APR for purchases and balance transfers is a bit higher than other similar cards. The APR for cash advances and overdraft advances is set at 19.24% to 23.24%; the penalty APR is 29.99%. There is no annual fee and no introductory rate for new card holders.
Transaction fees apply to the University of Maryland credit card including a $35 fee for returned payments, returned checks, late payments, and exceeding your credit limit. Balance transfers are assessed a fee of $5 or 3% while cash advances are charged at a rate of $10 or 3%. A fee of 3% is assessed on all foreign transactions.
University of Maryland Credit Card Benefits
The University of Maryland credit card is a Platinum Visa product eligible for a standard list of Visa benefits. Benefits include 24-hour customer service with lost and stolen card reporting, emergency replacement of cards and cash, travel accident insurance, auto rental collision insurance, purchase security, Visa’s Warranty Manager service, and baggage delay insurance. Chase provides a complete list of benefits, along with their details, to every new card holder. Get more online credit card offers now!