Bank & Credit Union Product Snapshot – December 2015
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Written By
Updated on Tuesday, January 12, 2016
A snapshot of the best and worst from MagnifyMoney.com’s proprietary database of over 3,000 financial products from over 800 banks and credit unions. Please contact Kellie Pelleiter ([email protected]) for additional data requests.
Highest late fee
$49 – Regions Bank Visa Business Credit Card
Lowest late fee
$0 – Citi Simplicity, PenFed Promise
Highest disclosed APR
(Bank) 29.99% – Continental Finance Surge MasterCard
(Credit union) 23.24% – Alliant Credit Union Visa Platinum Rewards
Lowest disclosed APR
(Bank) 9% – City National Crystal Visa Infinite Credit Card
(Credit Union) – 5.15% – San Francisco FCU Visa Platinum Rewards
Longest 0% balance transfer offer
(Bank) 24 months – Santander Sphere Visa Signature
(Credit Union) 12 months – The Logix Platinum MasterCard
Highest cash back rewards with no spending limits or annual fees
Gas
(Bank) 3% – AARP Credit Card from Chase, Farmers Rewards Visa, City National Visa Signature Credit Card
(Credit Union) 5% – Fort Knox FCU Visa Platinum, PenFed Platinum Cash Rewards
Groceries
(Bank) 3% – Cash Rewards Credit Card By SunTrust bank
(Credit Union) 3% – Consumers Credit Union Visa Signature Cash Rebate Card, Golden 1 Platinum Rewards
Travel
(Bank) 5% – The Upromise Mastercard By SalliMae
(Credit Union) 3% – Power Travel Rewards World MasterCard By Security Service FCU, Signature Visa Card By State Employees CU Of Maryland
Dining
(Bank) 5% – The Upromise Mastercard By SalliMae
(Credit Union) 3% – Golden 1 Credit Union Platinum Rewards, Power Travel Rewards World MasterCard By Security Service FCU, Signature Visa Card By State Employees CU Of Maryland
Highest Savings Account Rate – $10,000 Balance
(Bank) – 1.12% E-Savings Account By North American Savings Bank
(Online) – 1.06% Direct Saving by SFGI Direct Bank