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First Technology Federal Credit Union Platinum Rewards MasterCard® review

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Save money on fees, earn rewards on purchases and get a potentially low APR.

  • Get this card if you want to earn rewards on purchases and save money on fees.
  • Pick something else if you want an intro APR period on purchases.
  • Apply with a fair credit score of 630 or higher. Note that chances of approval are higher with a higher credit score.

10,000

Points as welcome offer

Up to 1x

Points

$0

Annual fee

8.99% to 18%

Purchase APR (variable)

Details

Product NameFirst Technology Federal Credit Union Platinum Rewards MasterCard®
Annual fee$0
Purchase APR8.99% to 18% variable
Balance transfer APR0% intro for the first 12 billing cycles (then 8.99% to 18% variable)
Balance transfer feeNone
Cash advance rate9.99% to 18% variable
Foreign transaction feeNone
Interest free periodUp to 21 days
Late payment feeUp to $25
Returned payment feeUp to $25

Expert review

Kliment Dukovski

Review by


Kliment Dukovski is a credit cards writer. He's written over 600 articles to help readers find and compare the best credit cards. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange, stock market trading and cryptocurrencies.

Expert review

The First Technology Federal Credit Union Platinum Rewards MasterCard® comes with a few benefits that might strike your fancy. For example, it offers an unlimited rewards rate on all purchases, an intro APR period on balance transfers and it waives common fees such as annual and cash advance fees. It also comes with a potentially low APR.

Card benefits

  • Reward points. Earn 1x points on all of your purchases — an underwhelming rewards rate considering the industry standard is 1.5x points.
  • Intro APR period on balance transfers. Get 12 billing cycles of 0% intro APR period on balance transfers made within the first 90 days of card membership. After that, a variable APR of 8.99% to 18% applies.
  • Potentially low APR. Your APR depends on several factors including your creditworthiness, but with this card, your APR will vary between 8.99% to 18%, which is relatively low.
  • No fees. You won’t pay an annual fee, balance transfer fee, cash advance fee or foreign transaction fee.

What to watch out for

  • No intro APR period on purchases. Despite having relatively a low APR, that’s still not as low as a 0% intro APR offered by some other credit cards.

Compare rewards credit cards

Name Product Welcome offer Rewards Annual fee Filter values
Chase Freedom Unlimited®
$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores on up to $12,000 in the first year
5% cash back at grocery stores on up to $12,000 in the first year, 5% on Lyft and 1.5% on all other purchases
$0
Earn a $200 signup bonus after spending $500 in the first 3 months, plus 5% cash back at grocery stores on up to $12,000 in the first year
Chase Sapphire Preferred® Card
60,000 points after spending $4,000 in the first 3 months
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
$95
This popular travel card's signup bonus is worth up to $750. Get even more value out of your travel, dining, and Lyft rewards by transferring them to miles.
Citi® Double Cash Card
N/A
Up to 2% cash back on purchases (1% when you buy plus 1% as you pay)
$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.
Chase Sapphire Reserve®
50,000 points after spending $4,000 in the first 3 months
10x points on Lyft rides, 3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases
$550
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months
Costco Anywhere Visa® Card by Citi
N/A
4% at gas stations on up to $7,000 annually (then 1%), 3% at restaurants and on travel, 2% at Costco and 1% on all other purchases
$0
Earn valuable cash back on everyday purchases at gas stations, restaurants and Costco as well as eligible travel with no foreign fees.
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How to apply for the First Technology Federal Credit Union Platinum Rewards MasterCard®

  1. Visit the First Technology Federal Credit Union website and locate the card.
  2. Click Apply.
  3. Log in if you already have an account or proceed to fill out the application form.
  4. Review the form and submit.

What credit score do I need?

You need at least a fair credit score of 630 or higher.

Bottom line

The First Technology Federal Credit Union Platinum Rewards MasterCard® could be worth considering if you’re looking for a rewards credit card with a long intro APR period on balance transfers. It also has no fees on balance transfers, cash advances and foreign transactions.

But if you want a higher rewards rate on your purchases or an intro APR period on purchases, compare other credit cards to review your options.

Frequently asked questions

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