DCU Platinum Visa

[Rackham94]

Approved for refinance on auto to 1.99 with rewards on checking (Direct Deposit) will get 1.24%. They said I was also approved for a Plat. Visa 5k limit.

So I wanted to manage my account online I have received my pin in the mail and registered but I cannot find the APR or terms and conditions specific to my card I only got a generic range of APR. The rep said 11.50% want to see if I would be eligble for decrease in the future. EQ Fico on auto loan letter says 675.

Does DCU offer a signature version of this? Is the special thing about this card I can use currency and it is charged as a purchase without cash advance fees?

[09Lexie]

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@Rackham94 wrote:

Approved for refinance on auto to 1.99 with rewards on checking (Direct Deposit) will get 1.24%. They said I was also approved for a Plat. Visa 5k limit.

So I wanted to manage my account online I have received my pin in the mail and registered but I cannot find the APR or terms and conditions specific to my card I only got a generic range of APR. The rep said 11.50% want to see if I would be eligble for decrease in the future. EQ Fico on auto loan letter says 675.

Does DCU offer a signature version of this? Is the special thing about this card I can use currency and it is charged as a purchase without cash advance fees?

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No Signature versions.  

[user5387]

CU cards often have no cash advance fees.

But there is no grace period on cash advances either, and thus the interest kicks in immediately when you take the cash advance.

I don't know of any institution that offers cash advances that are treated like purchases.

[Rackham94]

Never done a cash advance.

i.e. withdraw $100. Posts to account each day 11.25% is charged ?

[user5387]

If you do a cash advance, there's an X% fee, and a Y% interest rate.

The fee is payable even if you pay back the cash advance two hours later, and the interest kicks in immediately.

For many CUs, the fee is 0%, and the interest rate is around 9-12%.

So if you take a cash advance from such a CU, you may not have a fee, and the interest will start immediately at around a 9-12% yearly rate.