Deere Employees Credit Union

Anonymous · ‎03-10-2020

Just became a member of my employers credit uion. I am told this is a closed credit union thus much better benefits. So I asked about credit cards and interest rate. Was told with my my fico credit of 785 I would qualify for a card at 9.65% interest with no annual fee. I was shocked couldn't believe that a credit card would have this low of an interest rate. https://deereemployeescu.com/bank/loans/visa-credit-cards

Anonymous · ‎03-11-2020

@Anonymous wrote:
... I am told this is a closed credit union thus much better benefits ...

I don't know that correlation holds up to scrutiny. Certainly other cards offer superior benefits to the ones listed -- for instance, NFCU Platinum offers an optimum APR of 7.49%. The rewards cards are superior as well.

Many of the lending choices are subjective -- if you're happy with John Deere's employee CU, then great. But know that doesn't make it the best.

M_Smart007 · ‎03-11-2020

I am a Member and have had a Visa card for years Currently 8.75% (Membership is very restricted)

I know there is a guy with a Wells Fargo card @ 6.99%

Probably a few posters with knock it dead APR's

AllZero · ‎03-11-2020

Looks like employees, dealerships, contractors and family restrictions...

Get Answers to Your Most Common Questions

Only John Deere Employees and their families are eligible to join Deere Employees Credit Union. To become a member/owner, simply complete the Online Membership Application. After we have received your application, we will review it for qualification. If qualified to be a member, one of our experienced Member Service Representatives will call you to set up the account in your specifications. You will be required to deposit $25.00 for your share of membership in the Credit Union. Once you join, you are a member for life. No matter where you live, where you work, or for whom – you can still enjoy the same great benefits and services of Deere Employees Credit Union

AllZero · ‎03-11-2020

@M_Smart007 wrote:

I am a Member and have had a Visa card for years Currently 8.75% (Membership is very restricted)

I know there is a guy with a Wells Fargo card @ 6.99%

Probably a few posters with knock it dead APR's

SFFCU?

AllZero · ‎03-11-2020

@Anonymous wrote:
Just became a member of my employers credit uion. I am told this is a closed credit union thus much better benefits. So I asked about credit cards and interest rate. Was told with my my fico credit of 785 I would qualify for a card at 9.65% interest with no annual fee. I was shocked couldn't believe that a credit card would have this low of an interest rate. https://deereemployeescu.com/bank/loans/visa-credit-cards

Congratulations on your membership!

M_Smart007 · ‎03-11-2020

@AllZero wrote:
@M_Smart007 wrote:

I am a Member and have had a Visa card for years Currently 8.75% (Membership is very restricted)

I know there is a guy with a Wells Fargo card @ 6.99%

Probably a few posters with knock it dead APR's
SFFCU?

Yes!

AllZero · ‎03-11-2020

@M_Smart007 wrote:
@AllZero wrote:
@M_Smart007 wrote:

I am a Member and have had a Visa card for years Currently 8.75% (Membership is very restricted)

I know there is a guy with a Wells Fargo card @ 6.99%

Probably a few posters with knock it dead APR's
SFFCU?
Yes!

I'll have to find a way in and put it on my wish list.

Anonymous · ‎03-11-2020

Congratulations!!!!

M_Smart007 · ‎03-11-2020

@AllZero wrote:
@M_Smart007 wrote:
@AllZero wrote:
@M_Smart007 wrote:

I am a Member and have had a Visa card for years Currently 8.75% (Membership is very restricted)

I know there is a guy with a Wells Fargo card @ 6.99%

Probably a few posters with knock it dead APR's
SFFCU?
Yes!
I'll have to find a way in and put it on my wish list.

@AllZero .. This was My only way in ...