Bank & Credit Union Product Snapshot – March 2016

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Written By

Updated on Monday, April 18, 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) 30.24% – Continental Finance Surge MasterCard
(Credit union) 23.49% – Alliant Credit Union Visa Platinum Rewards

Lowest disclosed APR

(Bank) 6.90% – USAA Rate Advantage Platinum MasterCard
(Credit Union) – 5.24% – Variable Rate Credit Card By Western FCU

Longest 0% balance transfer offer

(Bank) 24 months – Santander Sphere Visa Signature
(Credit Union) 18 months – TruWest Visa Platinum Card

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% – Golden 1 Platinum Rewards Credit Card, Visa Signature Card By Consumers CU

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) – 1.10% Savings Account By The Palladian Private Banks Bank
(Online) – 1.10% eOne Saving by Salem Fivedirect

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

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