Truliant Visa Credit Card Review | CreditShout

Truliant Visa Credit Card Review

By Christine Layton / November 13, 2013
Truliant Visa Credit Card Review

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Members of the Truliant Credit Union should take a look at the Truliant Classic and Platinum Visa credit card offerings. Both cards offer solid, basic credit cards with low fees and generous credit limits.

The Verdict

Both the Classic and Platinum version of the Truliant credit card offer many advantages to cardholders.

Although they do not earn rewards, these cards have no hidden costs, transaction fees or annual fees to worry about.

They offer generous credit limits, beneficial travel services and the option for a low, fixed rate. These credit cards are perfect for individuals who want a reliable credit card in their wallet that costs nothing to carry but offers the protection they need.

Overview

Truliant Federal Credit Union offers a credit card to members with the choice of a Classic or Platinum card, depending on credit history.

Both cards have no annual fee with generous credit limits, as well as no transaction fees and travel benefits. The Truliant Visa card is a good choice for members that want a simple card with no hidden costs that can be used for large purchases or balance transfers.

How These Cards Work

The Truliant Visa card is accepted worldwide and has a 25 day grace period.

This gives cardholders an opportunity to avoid interest charges by paying balances in full.

The credit limit for the Classic card is anywhere between $500 and $10,000, while the Platinum card has a minimum credit limit of $5,000 and goes up to $30,000 for individuals with excellent credit history.

The Classic card has the option of a fixed or variable interest rate, while the Platinum offers a low fixed APR. There is no penalty APR for either card.

Travel & Shopping Benefits

Both credit cards offer a number of travel benefits to cardholders.

The Visa Classic card provides auto rental insurance, as well as travel and emergency assistance. The Platinum card, on the other hand, adds personalized convenience checks, $250,000 in travel accident insurance and purchase protection. The purchase protection is designed to repair or replace purchases that are damaged or stolen.

Fees

There is no annual fee for the Truliant credit card.

The APR for the Classic version is either a variable 8.15% or a fixed 14.9%. The fixed rate on the Platinum card is 9.9%. There is no penalty APR for this credit card as well.

Both cards are completely free of transaction fees, including balance transfers, cash advances and foreign transactions.

The late payment fee for the Platinum card is $15, the returned payment fee is up to $25 and there is no over limit fee. For the Classic card, the late payment fee is 5% of the past due amount with a minimum of $1.

There is no over limit fee and the returned payment fee is up to $25.

There are no hidden fees with either card.

Bottom Line

Pros:

  • No annual fee
  • Generous credit limit
  • Choice of low fixed or variable APR
  • No transaction fees, even for foreign transactions
  • No hidden costs
  • Purchase protection
  • Travel insurance

Cons:

  • Must be a member of Truliant Credit Union to apply
  • No rewards
The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone.Additionally, the opinions of the commenters are not necessarily the opinions of this site

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