The University of Utah Alumni Association credit card is marketed to former students of the University. Issued by Bank of America, this MasterCard gives alumni the opportunity to give back to their alma mater simply by making purchases.
This affinity credit card allows customers to collect points that they can use for a number of rewards. A cardholder can start to redeem points once the balance reaches 2,500. Compare online credit cards now!
Customers who choose the University of Utah Alumni Association card can benefit from an attractive introductory Annual Percentage Rate (APR) of 0% for the first 12 billing cycles after the account has been opened.
University of Utah Alumni Credit Card Features
The standard APR for purchases after the initial period has passed is between 12.99-20.99%, depending on the customer’s creditworthiness. Cash advances are charged a higher rate of interest (24.24%) than purchases, and this rate applies to direct deposits, cash advance checks and overdraft protection.
The grace period for new purchases is at least 25 days after the close of the billing cycle. No interest is charged on purchases until after this time has passed. No penalty APR is imposed on customers who are late with a payment or who miss one.
University of Utah Alumni Credit Card Benefits
One point is credited for every dollar spent with the card. A customer can choose to use the card recurring bills, everyday items or a major expense. Available rewards include travel credit card rewards, gift certificates from well-known retailers and cash back credit card benefits.
Cardholders can also benefit from the 24-hour concierge service that comes with this credit option. A customer can contact the toll-free number for assistance getting seats for sporting events, a reservation at a specific restaurant, a tee time at a golf course and more!
University of Utah Alumni Credit Card Benefits Students
Another reason this card is an attractive credit option for University of Utah alumni is that Bank of America makes a donation to the school every time it is used. The money is used to provide funding for scholarships, without the cardholder paying any money out directly. Find more online credit cards now!