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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

11.49% to 18%

Purchase APR (variable)

Details

Product NameFirst Technology Federal Credit Union Platinum Rewards MasterCard®
Annual fee$0
Purchase APR11.49% to 18% variable
Balance transfer APR0% intro for the first 12 billing cycles (then 11.49% to 18% variable)
Balance transfer feeNone
Cash advance rate12.49% 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.

Our pick

American Express® Blue Business Cash Card

  • Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
  • From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power§.
  • Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the card, your payment history, credit record, financial resources known to us and other factors.
  • 0% intro APR on purchases and balance transfers for 12 months, then a variable rate, 14.74%, 17.74%, or 20.74%, based on your creditworthiness and other factors as determined at the time of account opening.
  • No annual fee
  • Terms apply
Read less
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See Rates & Fees

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 11.49% to 18% applies.
  • Potentially low APR. Your APR depends on several factors including your creditworthiness, but with this card, your APR will vary between 11.49% 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
Citi Rewards+℠ Card
Earn 15,000 points after spending $1,000 in the first 3 months
Earn 2x points at supermarkets and gas stations on up to $6,000 annually, then 1x points after that and on all other purchases
$0
The only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap.
Blue Cash Everyday® Card from American Express
$150 after spending $1,000 in the first 3 months
2% at US gas stations and select US department stores, 3% at US supermarkets on up to $6,000 per year, then 1% after that and on all other purchases
$0
Earn a $150 bonus statement credit after you spend $1,000 on purchases in the first 3 months. Rates & fees
Capital One® VentureOne® Rewards Credit Card
20,000 miles after spending $1,000 in the first 3 months
1.25x miles on all purchases
$0
Earn 20,000 bonus miles once you spend $1,000 on purchases within the first 3 months from account opening.
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
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.
CardMatch™ from creditcards.com
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Compare up to 4 providers

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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