For residents of the Washington State area, the BECU Visa* gives a easy, simple worth with surprisingly few charges and a low introductory APR. There isn’t any rewards program or welcome bonus, however when you’re seeking to make an enormous buy or pay down a steadiness that is racking up curiosity fees, this card will purchase you time to enhance your funds. 

As with all card that includes a low introductory APR, there is a danger of overspending. However the BECU Visa gives cheap entry to money each throughout the introductory interval, and, in comparison with many different comparable card, afterwards. And the shortage of an annual payment, money advance charges, steadiness switch charges and international transaction charges makes it a compelling possibility for eligible candidates. 

And which may be the difficulty, as solely Washington residents, college students and enterprise house owners are eligible for BECU membership or bank cards, with just a few exceptions for Idaho, Oregon and companion organizations.

On this article

• How you can apply for the BECU Visa​
• Normal and intro APRs​
• Steadiness transfers​
• Different playing cards​
• FAQs​

How you can Apply for the BECU Visa

Eligibility for the BECU Visa is proscribed. Candidates should reside, work, worship or examine in Washington state; reside in sure counties in Oregon or Idaho; or belong to an eligible companion affiliation. Listed below are the precise necessities: 

Washington: Residents, college students, staff, and so on. in all counties

Oregon: Benton, Clackamas, Columbia, Deschutes, Lane, Linn, Marion, Multnomah, Polk, Washington and Yamhill County residents

Idaho: Benewah, Bonner, Boundary, Clearwater, Idaho, Kootenai, Latah, Lewis, Nez Perce and Shoshone County residents

Accomplice associations: Members of UW Alumni Affiliation, WSU Alumni Affiliation, and staff of BECU, Boeing or credit score unions

If you’re eligible, you’ll be able to apply on-line or go to a BECU location for in-person purposes.

Normal and intro APRs

The BECU Visa’s commonplace APR ranges from 10.24% to 22.24% — a bit decrease than the typical bank card APR of roughly 18%. Although your particular APR is set by your credit score rating and monetary scenario, cardholders could also be rewarded with a decrease APR if funds are made promptly over time.

For the primary 12 months, the BECU Visa gives a 0% introductory APR on purchases (and steadiness transfers). This implies you’ll be able to finance a big purchases or put an emergency expense in your bank card with out accruing curiosity for the primary 12 months — so long as you make your whole minimal funds on time. And when you repay your steadiness in full by the top of the promotional interval, you will keep away from curiosity fees solely.

Steadiness transfers

The 0% intro APR for the primary 12 months additionally applies to balances transferred from one other bank card. Used strategically, a steadiness switch can assist you keep away from curiosity and repay your bank card debt extra rapidly.

Often, steadiness transfers include an extra cost — usually 3% to five% of the transaction — however this bank card has no steadiness switch payment. Although its promotional 0% interval final for less than 12 months — the lengthiest steadiness switch bank card promotions final 21 months — the BECU Visa could also be a inexpensive possibility when you repay your steadiness inside the promotional interval.

Different playing cards

These playing cards provide longer intro APRs intervals — plus another options that can assist you keep away from bank card curiosity.

Chase Slate Edge℠

The Chase Slate Edge℠ gives 0% intro APR on purchases and steadiness transfers for 18 months. After that, the usual variable APR vary will likely be 17.24% to 25.99%. That is an extended introductory interval than what you will get with the BECU Visa — however there is a 3% ($5 minimal) intro steadiness switch payment for transfers made within the first 60 days of account opening. After that, the steadiness switch payment is 5% or $5, whichever is larger. 

However Chase additionally gives a strategy to lower your APR. Annually you spend at the least $1,000 on the cardboard and make your funds on time, you qualify to get your APR decreased by 2% — all the way in which right down to the prime price (at present at 5.50%) plus 9.74%. That famous, the BECU card’s APR continues to be a bit decrease — you probably have glorious credit score.

For extra particulars, see our full evaluation of the Chase Slate Edge.

Union Financial institution® Platinum™ Visa® Credit score Card

Should you’re seeking to reduce steadiness switch charges, the Union Financial institution® Platinum™ Visa® Credit score Card* gives an extended introductory APR than the BECU Visa and a promotional $Zero steadiness switch payment when you switch your steadiness within the first 60 days. Due to this, its wider applicant internet and longer intro APR interval, this can be a higher bank card for most individuals.

You are eligible for a 0% APR on steadiness transfers and purchases for the primary 15 months. Then, the usual APR of 10.74% and 22.24% kicks in — the identical variable APR vary because the BECU Visa.

FAQs

*All details about the BECU Visa and the Union Financial institution Platinum Visa Credit score Card has been collected independently by CNET and has not been reviewed by the issuer.

The editorial content material on this web page relies solely on goal, impartial assessments by our writers and isn’t influenced by promoting or partnerships. It has not been supplied or commissioned by any third celebration. Nonetheless, we might obtain compensation while you click on on hyperlinks to services or products supplied by our companions.

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