The Wilmington Trust credit card is a Visa rewards credit card with a points program very similar to others in the industry. Corporate banking customers around the world are familiar with the Wilmington Trust name. The bank was established as a corporate financial institution in 1903 by then DuPont president, Coleman Dupont. The company merged with M&T bank in 2010 and now offers consumer banking services.
As part of their consumer line, Wilmington Trust offers a Visa Platinum credit card. The Wilmington Trust credit card is a Visa rewards credit card with a points program very similar to others in the industry. In addition to the Visa Platinum card, Wilmington trust also offers two lesser cards: a MasterCard Gold card and Visa and MasterCard classic versions. This review will focus on the Visa Platinum card. Compare more credit cards now!
Their website provides an application link with drop-down menus for every state in the union. However, online applications are not necessarily available in all states. If you can’t apply online you may call Wilmington Trust using a contact number provided on the website, or visit a branch office near you.
Wilmington Trust Credit Card Rewards Points Program
The Wilmington Trust Total Rewards program benefits cardholders of both credit and debit cards by rewarding points for every qualified transaction. Credit card holders earn one point for every dollar spent while debit card holders earn one point for every two dollars. Points can be redeemed for free travel credit card benefits, gift certificates, brand-name merchandise, and more.
Other benefits of the Wilmington Trust credit card include a high credit limit of up to $25,000, zero liability protection, emergency cash access through Western Union offices, lost or stolen card replacement, and collision damage insurance for rented vehicles.
Wilmington Trust Credit Card Rates and Fees
The Wilmington Trust Visa Platinum card is a variable rate card that does not impose an annual fee. For the first six months new account holders are offered an introductory rate of 0% on purchases. From the seventh month forward the APR rises to the standard rate of 12.75% which is applied to all purchases and balance transfer credit card transactions. The APR for cash advances is 16.75%, and there is no penalty APR.
The fees for transactions are on par with most other credit cards. Returned payments and convenience checks are charged $25, late fees payments are charged $35, and balance transfers and cash advances are charged either $5 or 3%. The card does offer overdraft protection at a cost of $10 per transaction. Get more online credit cards now!