topic Re: UFCU $0 BT and 5.9% APR in Credit Cards

UFCU $0 BT and 5.9% APR

Anonymous — Mon, 04 Jul 2016 17:27:49 GMT

Was doing some reearch and saw thaat University Federal Credit Union has $0 BT and SUPER LOW APR for accounts.

Can become a member with a 25dollar savings account and 5 dollar checking . No monthly fees anywhere.

Thought this might help some people somewhere.

Re: UFCU $0 BT and 5.9% APR

Anonymous — Mon, 04 Jul 2016 17:32:35 GMT

@Anonymous wrote:
Was doing some reearch and saw thaat University Federal Credit Union has $0 BT and SUPER LOW APR for accounts.
Can become a member with a 25dollar savings account and 5 dollar checking . No monthly fees anywhere.

Thought this might help some people somewhere.

Good post! Thanks for the tip! Many on the forum are credit union fans.

Re: UFCU $0 BT and 5.9% APR

ScoreOrBeScored — Mon, 04 Jul 2016 19:40:22 GMT

Any GP's ?????

Re: UFCU $0 BT and 5.9% APR

Themanwhocan — Mon, 04 Jul 2016 19:57:00 GMT

@Anonymous wrote:
Was doing some reearch and saw thaat University Federal Credit Union has $0 BT and SUPER LOW APR for accounts.
Can become a member with a 25dollar savings account and 5 dollar checking . No monthly fees anywhere.

Thought this might help some people somewhere.

Did you have to join some organization, like the Longhorn Foundation?

Oh, and the APR is now 6.15%

Re: UFCU $0 BT and 5.9% APR

Anonymous — Mon, 04 Jul 2016 20:07:50 GMT

Hey theman,

Here is the site that i am looking at for the card rate and it has it still at 5.9 https://www.ufcu.org/personal/cards/great-rate

Also according to the veribage of the site no, just the limitaitons i posted earlier, 25dollars for a savings account (no fee) and 6 dolalrs in a checking account (no fee)

I have been looking around on the site to see about SP or HP for membership but not sure yet. Most CU have a HP from my experience but still trying to verify.

Re: UFCU $0 BT and 5.9% APR

RonM21 — Mon, 04 Jul 2016 22:20:33 GMT

Good data point, and maybe another option for some people to use or consider, along with more of the known ones.

Re: UFCU $0 BT and 5.9% APR

Anonymous — Mon, 04 Jul 2016 22:57:51 GMT

I love adding new sources, possible new 'girl' to date

The 5.9% great but even for weaker profiles...the numbers are not HORRIBLE at all

https://www.ufcu.org/personal/cards/great-rate

A lot of 'average' credit worthy folks would kill for 10.90% and a 8.9% isn't a bad landing spot

for 'losers' that can't get the top spot!

You can bet I'll be on the phone in the a.m. finding out what the stips are for each tier....

'We' just need somebody to find out how generous the CL's are......any takers?

Re: UFCU $0 BT and 5.9% APR

Themanwhocan — Tue, 05 Jul 2016 00:29:11 GMT

They haven't updated their web site. Kinda like how I haven't updated my low APR credit card chart...

But the important part is not where they mention the old 5.9%, but where they mention the rate starts at Prime + 2.65% and since the Prime Rate increased to 3.5% that means the current rate starts at 6.15%

Re: UFCU $0 BT and 5.9% APR

Themanwhocan — Tue, 05 Jul 2016 00:35:28 GMT

I don't suppose someone wants to try out some of these credit unions, like Bourns... the APRs listed are likely to be 0.25% higher than listed.

Re: UFCU $0 BT and 5.9% APR

baller4life — Tue, 05 Jul 2016 00:38:09 GMT

Awesome list!!

Re: UFCU $0 BT and 5.9% APR

Themanwhocan — Tue, 05 Jul 2016 00:45:58 GMT

@baller4life wrote:
Awesome list!!

I bet joining the California Consumer Council would be free if the promo code 'consumer' still works...

Re: UFCU $0 BT and 5.9% APR

Anonymous — Tue, 05 Jul 2016 01:18:51 GMT

@Themanwhocan wrote:
They haven't updated their web site. Kinda like how I haven't updated my low APR credit card chart...

But the important part is not where they mention the old 5.9%, but where they mention the rate starts at Prime + 2.65% and since the Prime Rate increased to 3.5% that means the current rate starts at 6.15%

I did kinda double take when I saw some rates as of 2012

Re: UFCU $0 BT and 5.9% APR

jacetx — Tue, 05 Jul 2016 14:03:44 GMT

RBFCU Premier Rate card lowest APR is 7.95% with 3.9% APR for 12 months on BTs made within 90 days of account opening. Membership requires $5 in a savings account and you can qualify by joining the American Consumer Council for free.

https://www.rbfcu.org/NB/html/Loans/pdf/PremierRate.pdf

Re: UFCU $0 BT and 5.9% APR

baller4life — Tue, 05 Jul 2016 14:28:19 GMT

@jace8602 wrote:
RBFCU Premier Rate card lowest APR is 7.95% with 3.9% APR for 12 months on BTs made within 90 days of account opening. Membership requires $5 in a savings account and you can qualify by joining the American Consumer Council for free.

https://www.rbfcu.org/NB/html/Loans/pdf/PremierRate.pdf

Only Texas residents can join that way. Those out of state must join Texas PTA.

Re: UFCU $0 BT and 5.9% APR

Themanwhocan — Tue, 05 Jul 2016 15:55:52 GMT

Perhaps Sunflower Bank would be the easiest way to go. Its not a credit union, so doesn't have the issues with membership restrictions. Of course, they could still say you are outside of their area...

Their Platinum card still says it is 6.00% APR (as of 2014). So, most likely it is really 6.25%

No annual fee.

No balance transfer fee.

No Cash Advance fee.

1.0% Foreign transaction fee

https://www.sunflowerbank.com/credit-cards/terms-and-conditions/platinum/

https://www.sunflowerbank.com/credit-cards/

Re: UFCU $0 BT and 5.9% APR

Anonymous — Wed, 06 Jul 2016 00:17:12 GMT

FYI...I tried to join UFCU. Things were going well until the obscure set of verification questions. I think they got me with "What year was your home built"? After failing this test, I could go no further. I emailed for support regarding the failed verification and potential credit inquiries and received the following earlier today:

Thank you for your email. We apologize for any inconvenience you have experienced trying to complete the online Membership application. To offer some piece of mind, the application is not doing any hard pulls from your credit report. If you are not making it through the verification process, then you will need to go into any UFCU branch for immediate assistance with opening the account.

I'm probably not gonna drive from Delaware to Texas to join a credit union so I guess it's no soup for me!

Re: UFCU $0 BT and 5.9% APR

Anonymous — Sat, 09 Jul 2016 00:48:42 GMT

Turns out you do not have to be a member to apply for a credit card. I applied on Tuesday. Got a call from a loan officer today. I was declined for "too many new accounts". I tried to attempt a recon based on my rebuilding and trying to replace a few of my high interest cards with lower interest cards. No dice. I don't know which version they use but they pulled EXP. My Fico 8 according to CCT right now is 673. Bummer.