Alliant Visa Platinum Rewards Card review | finder.com

Alliant Visa® Platinum Rewards Card review – November 2018

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

This no-annual-fee card from Alliant lets you earn 2x points on all purchases to redeem for cash back and more.

  • Get this card if… you want to earn rewards and pay no annual fee.
  • Good to excellent credit score of 630 or higher recommended.
Product NameAlliant Visa® Platinum Rewards Card
Card TypeVisa
Annual Fee$0
APR (Annual Percentage Rate) for Purchases14.99% to 24.99% variable
Introductory Purchase APR0% for the first 12 months (then 14.99% to 24.99% variable)
Introductory Balance Transfer APR 0% for the first 12 months (then 14.99% to 24.99% variable)
Balance Transfer Fee$5 or 2% of the transaction, whichever is greater
Cash Advance Rate19.99% to 24.99% variable
Foreign Transaction Fee2% of the transaction value
Cash Advance Fee$10 or 3% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 25 days
Late Payment Fee$27
Returned Payment Fee$27
Minimum Age18 years of age
Welcome Offer5 points after spending only $500 in purchases in the first 3 billing cycles
Reward Value per Dollar2 points

The Alliant Visa® Platinum Rewards Card comes with a signup bonus of 5 points after spending only $500 in purchases in the first 3 billing cycles. You’ll earn 2x points on all purchases for a variety of rewards.

The basics

If you’re looking for a no-annual-fee rewards card, take a look at the Alliant Visa® Platinum Rewards Card. This credit union card comes with a low APR and no annual fee. You’re rewarded 2x points for all purchases, redeemable for cash back, travel rewards, gift cards, charitable contributions and more. Trying to get out of debt? Balance transfers are free and come with a low intro APR for the first year. There is a fee for foreign transactions, so travelers should check out the Alliant Cashback Visa® Signature Credit Card.

Compare Alliant Visa cards

Alliant Visa® Platinum Rewards CardAlliant Cashback Visa® Signature Credit CardAlliant Visa® Platinum Card
Annual fee$0$0 for the first year, $59 thereafter$0
Intro APR0%–5.99% variable for 12 months; 14.99% to 24.99% variable thereafterNone0%–5.99% variable for 12 billing cycles; 10.99% to 22.99% variable thereafter
Balance transfer feeNone, unless associated with a promo offer3% of the transferred amountNone, unless associated with a promo offer
Cashback/Rewards5 points after spending only $500 in purchases in the first 3 billing cycles3% cash back on all purchases your first card year, then 2.5% cash back on all purchases starting your second card yearNone
Foreign transaction fee2% of each transaction in US dollarsNone2% of each transaction in US dollars

Finding the best Alliant Credit Union card for you will depend on how much you spend and what you’re willing to pay in fees. While you can find a no-annual-fee card, Alliant credit union also provides cash back and rewards cards.

Annual fee. The Signature Card waives the $59 annual fee the first year, compared to the Alliant Visa® Platinum Card and Alliant Visa® Platinum Rewards Card cards, which have no annual fee.

  • Verdict. If you want to pay no annual fees for the life of your card, the Platinum or Alliant Visa® Platinum Rewards Card card might work well for you. But if you plan on spending more, the cash back offered with the Signature card can help offset that annual fee.

Cashback and rewards. While the Signature Card offers cash back on all purchases, the Alliant Visa® Platinum Rewards Card Card lets you redeem points for travel rewards, merchandise, gift cards or cash back. The Platinum Card doesn’t come with cash back or rewards.

  • Verdict. Get the Signature Card if you want cash back, and the Alliant Visa® Platinum Rewards Card Card if you’re after a variety of rewards.

Balance transfers. The Platinum and Alliant Visa® Platinum Rewards Card cards come with intro APR offers on balance transfers for 12 months, and you won’t pay an annual fee. You’ll pay a fee for balance transfers with the Signature Card.

  • Verdict. If you’re considering transferring an outstanding balance from an existing card, the Alliant Visa® Platinum Card and Alliant Visa® Platinum Rewards Card cards are best.

The perks

  • Earn reward points. You’ll earn 2x points on all purchases.
  • Bonus points. You’ll get 5 bonus points if you spend $500 in purchases within the first three months from opening your account.
  • Rewards. Redeem your points for travel rewards, adventures, events, merchandise, gift cards and charitable contributions. You can also redeem your rewards points as cash back into your Alliant Visa® Platinum Rewards Card account or your Alliant savings or checking account.
  • Intro APR offer. This rewards card comes with an intro APR offer on purchases and balance transfers for the first 12 months. The intro APR will vary from 0% to 5.99%, depending on your creditworthiness.

You’ll also like…

  • No annual fees. This card comes with no annual fees for the life of the card.
  • No balance transfer fees. You can transfer balances from other cards at any time without paying balance transfer fees.
  • Safety and security. A $0 liability feature protects you from fraudulent transactions. This chip enabled card offers free roadside assistance and auto rental collision damage waiver.

What to watch out for

  • End of intro APR. Once the 12-month intro period ends, you’ll need to start paying interest on all outstanding balances from purchases and balance transfers.
  • Points expire. After five years your points will expire.
  • Late payments. You’ll pay up to $27 for paying late.

Consider other cards if …

  • You’re a frequent overseas traveler. If you plan to use your new card outside of the US, you’ll be better off finding a card that comes with no foreign transaction fees.
  • You want a better signup bonus. While the Alliant Visa® Platinum Rewards Card comes with 5 signup bonus points, you’ll find other rewards cards that are more generous with their signup bonus offers.

What to know before you apply

Apply for the Alliant Visa® Platinum Rewards Card if you’re:

  • At least 18 years old.
  • A US citizen or permanent resident.

What credit score do I need?

There is a greater possibility of your application’s approval if your credit score is 630 or higher.

How to apply for the card

1. On the Alliant Visa® Platinum Rewards Card website, click Apply Now.
2. Provide the required personal and financial information.
3. Confirm that the information is correct and submit your application.

How long will it take to be approved?

Once you submit an online application, you’ll find out about its status almost immediately.

How do you become an Alliant Credit Union member?

To get the Alliant Visa® Platinum Rewards Card, you need to become an Alliant member. You can become one if:

  • You’re an existing or retired employee of a business or organization that partners with Alliant.
  • A domestic partner or an immediate family member is an existing Alliant member.
  • You donate at least $10 to an Alliant charity partner.
  • You live near Alliant’s corporate headquarters in Chicago.

I got the card. Now what?

  • Online banking. Use Alliant’s online banking platform to keep track of your spending, make payments and carry out balance transfers.
  • Automatic payments. Set up automatic payments from your checking account to ensure you make all your payments on time.
  • Avoid fees. You’ll pay up to $27 for late payments.
  • Customer service. Send a secured online message from the Alliant website, connect with Alliant @AlliantCU or call 800-328-1935.

Bottom line

The Alliant Visa® Platinum Rewards Card offers plenty of perks, including the intro APR offer, 2x rewards points and $0 annual fees, but you’ll need good to excellent credit to qualify. Be sure to compare your options before making any decisions.
Our guide to rewards credit cards

Common questions about Alliant Visa® Platinum Rewards Card

Adrienne Fuller

Adrienne Fuller leads the publishing team at finder.com. She has one goal: to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. When she's not helping folks save money, she's hiking with her two Catahoulas around her home in San Diego.

Was this content helpful to you? No  Yes

US Credit Card Offers

Important Information*
Deserve® Classic Card
Deserve® Classic Card

APR

24.49
variable

Annual fee

0 For the first year
More info
Luxury Card Mastercard® Gold Card™
Luxury Card Mastercard® Gold Card™

APR

16.74
variable

Annual fee

995 For the first year
More info
First Access Visa Card®
First Access Visa Card®

APR

29.99
variable

Annual fee

75 For the first year
More info
Indigo® Platinum Mastercard® Credit Card
Indigo® Platinum Mastercard® Credit Card

APR

23.9
variable

Annual fee

75 For the first year
More info

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy and Cookies Policy and Terms of Use.
Go to site