Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

DCU Visa® Platinum Credit Card review

Last updated:  

Get a variable APR as low as 8.5% on both purchases and balance transfers.

  • Get this card if you think you’ll qualify for a low APR and you want few fees.
  • Pick something else if you want a intro APR or rewards.
  • Apply with a good to excellent credit score of 670 or higher.

$0

Annual fee

8.5% to 18%

Purchase APR (variable)

670

Recommended credit score

Details

Product NameDCU Visa® Platinum Credit Card
Card typeVisa
Annual fee$0
Purchase APR8.5% to 18% variable
Balance transfer APR8.5% to 18% variable
Balance transfer feeNone
Cash advance rate8.5% to 18% variable
Cash advance feeNone
Penalty APR18% fixed
Foreign transaction feeNone
Interest free periodUp to 25 days
Late payment feeUp to $35
Additional cardholder fee$0

Our review

The DCU Visa® Platinum Credit Card is about as straightforward a card as you can find. You’ll get an APR of 8.5% to 18% variable for purchases, balance transfers and cash advances. On top of paying $0 annual fee, you’ll pay no balance transfer, foreign transaction or cash advance fees.

The card may be a good choice if you think you’ll qualify for a low APR. However, you may want to compare other cards, especially those that offer 0% introductory APRs.

Should you get the DCU Visa® Platinum Credit Card?

  • If you want a 0% intro APR or rewards, check out other cards.
  • If you think you’ll qualify for a low APR and you want few fees, the DCU Visa® Platinum Credit Card may be a good choice.

The perks

  • ANNUAL FEE: $0

    A $0 annual fee makes it easy to keep the DCU Visa® Platinum Credit Card long term.

  • Limited fees.

    Digital Federal Credit Union doesn’t charge balance transfer, cash advance or foreign transaction fees.

You’ll also like…

  • Potentially low APR.

    Depending on your creditworthiness, you may qualify for a variable APR as low as 8.5% on purchases, balance transfers and cash advances.

Compare intro APR credit cards

Name Product Purchase APR Balance transfer APR Annual fee Filter values
Citi® Diamond Preferred® Card
0% intro for the first 18 months (then 14.74% to 24.74% variable)
0% intro for the first 18 months (then 14.74% to 24.74% variable)
$0
Long 18 months intro APR periods on purchases and balance transfers. Plus Citi Entertainment℠ for deals on dining and going out.
Blue Cash Everyday® Card from American Express
0% intro for the first 15 months (then 13.99% to 23.99% variable)
N/A
$0
Earn a $150 bonus statement credit after you spend $1,000 on purchases in the first 3 months. Rates & fees
Chase Freedom Unlimited®
0% intro for the first 15 months (then 14.99% to 23.74% variable)
14.99% to 23.74% variable
$0
Earn a huge signup bonus for a no annual fee card with rewards of up to 5% cash back on popular everyday categories.
Chase Freedom Flex℠
0% intro for the first 15 months (then 14.99% to 23.74% variable)
14.99% to 23.74% variable
$0
This no-annual-fee cashback card is one of the most valuable on the market. It boasts a huge signup bonus and up to 5% cashback in multiple purchase categories.
Citi® Double Cash Card
13.99% to 23.99% variable
0% intro for the first 18 months (then 13.99% to 23.99% variable)
$0
This one of the most valuable flat cashback cards. It comes with 2% cash back (1% when you buy plus 1% when you pay) and 18 months to pay off transfers.
loading

Compare up to 4 providers

How does a balance transfer work with this card?

What to watch out for

  • Penalty APR.

    Digital Federal Credit Union may apply a penalty APR of 18% fixed to your account if you make a late payment. This rate applies until you make six consecutive on-time payments.

    DCU’s penalty APR is much lower than that of other credit card providers, as it’s not uncommon to see one above 25%. Still, don’t be afraid to compare other credit cards if you don’t like penalty APRs. Plenty of providers don’t charge them.

What to know before you apply

To apply for the DCU Visa® Platinum Credit Card, you must be at least 18 years old.

Information you’ll need

  • Your full name and contact information.
  • Your residential status.
  • Your annual income, source of income and employment information.
  • Your Social Security number.

What credit score do I need?

You’ll have a better chance of approval if you apply with a good to excellent credit score of 670 to 850.

What’s actually considered a good credit score?

How to apply for the DCU Visa® Platinum Credit Card

1. Go to the Digital Federal Credit Union website and click Apply Now.
2. Select the Credit Card from the Credit Card Type drop-down menu. Then select New Visa, and click Continue.
3. Complete the application with details like your name, address, annual income and Social Security number.
4. Review and submit your application.

How long will it take to be approved?

Typically, credit card providers decide on your application approval within 10 days. In some cases, your application is approved immediately.

If there are issues with your application, you may need to wait up to a few weeks to hear back.

I got the card. Now what?

  • Make timely payments. Pay your bill online at DCU’s site, where you can enroll in autopay.
  • Avoid interest. After the close of each billing cycle, you have a grace period of at least 25 days to pay your balance. If you do, you won’t pay interest on your purchases.
  • Avoid fees. Late payments come with fees of up to $35.
  • Contact customer service. If you have questions, contact DCU at 800-328-8797.

Bottom line

$0 annual fee, a potentially low APR and almost no transaction fees — If these benefits resonate with you, then the DCU Visa® Platinum Credit Card may be a good choice.

Otherwise, look into other cards and providers offering enticing intros and even rewards.

Frequently asked questions

Images: dcu.org

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 finder.com Terms of Use and Privacy and Cookies Policy.
Go to site