Greylock Federal Credit Union Elevate Secured Card
- Annual fee
- None
- Recommended credit
- Poor / No Credit Required
- Card network
- Visa
- Regular purchase APR
- See issuer terms
At a glance
The Greylock Federal Credit Union Elevate Secured is an attractive secured credit card that has no annual fee but also low APR – a rare feature for cards for poor credit to have. Whether you are looking rebuild or establish your credit history, this card offers a cost-effective way to do so for those in Western Massachusetts.
Our review of the Greylock Federal Credit Union Elevate Secured Card
If you’re in the market for a low APR credit card, look no further than the Greylock Federal Credit Union Elevate Card. This card is designed to provide customers with the lowest possible interest rates and credit card fees. With a competitive APR that is well below the national average, no annual fee, and low cash advance and balance transfer fees, the Elevate card is a solid choice for those looking to save on interest payments.
One of the standout features of the Elevate card is its significantly lower cash advance APR compared to other credit cards. While this card does not offer any rewards for purchases, it is still a valuable tool for those looking to get their finances in order or afford a large upcoming purchase.
To apply for the Elevate credit card, you must be a member of Greylock Federal Credit Union, have an open checking account, and a debit card. Potential cardholders should consider this card if they struggle to pay off their credit card balance in full each month or have existing debt from other lenders. The Elevate card can help you work towards becoming debt-free with its low interest rates.
While the Elevate card does not offer a signup bonus for new cardholders, it does provide a 0% APR on purchases for the first 6 months after account opening. This introductory offer can be beneficial for those with Good to Excellent credit looking for a low APR credit card.
Overall, the Greylock Federal Credit Union Elevate Card is a great option for those seeking a low APR credit card with no rewards. Its competitive APR and low fees make it a reliable financial tool for everyday purchases. If you’re looking to save on interest payments and improve your credit score, the Elevate card is worth considering.
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- Establish or improve your credit
- Earn interest on your secured share account
- No annual fee
- Travel and accident insurance
Who this card may suit
- You want to rebuild your credit score with a deposit less than $500
- You're a student who needs to establish a credit history for the first time and are likely to carry a balance
- You don’t want to pay fees for the chance to fix your credit
- You want to earn interest on your security deposit
- You're already a Greylock Federal Credit Union customer
Rates, fees and terms
| Annual Fee | None |
|---|---|
| Regular Purchase APR | See issuer terms |
| Balance Transfer APR | See issuer terms |
| Balance Transfer Transaction Fee | Either $5 or 3% of the amount of each transfer, whichever is greater |
| Cash Advance APR | See issuer terms |
| Cash Advance Transaction Fee | Either $10 or 2% of the amount of each cash advance, whichever is greater (maximum $25) |
| Foreign Transaction Fee | Up to 1% of the transaction amount in U.S. dollars |
| Late Payment Penalty Fee | Up to $27 |
| Return Payment Penalty Fee | Up to $27 |
| Minimum Deposit Required | $250 |
Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Poor Credit Limited or No Credit.
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Greylock Federal Credit Union Elevate Secured Card
Apply Now for Greylock Federal Credit Union Elevate Secured Card (opens in a new tab)You will leave this site for the issuer’s page. Confirm current terms there.
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