VERMONT Platinum Visa® Credit Card
With a low interest rate on local purchases, the biggest reward with the VERMONT Platinum credit card is the money you can save shopping locally. Not only do you save more, you make change, simply by banking when you support a local business. Traditional rewards cards may offer cash back, but not without higher interest rates. With our low-interest rate credit card, you’re rewarded in the form of greater savings when you carry a balance because you receive
- a low standard interest rate of 10.50% APR, and
- an even lower rate of 6.50% APR on balance transfers and Vermont-based purchases.
ARE YOUR CREDIT CARD BALANCES OUT OF CONTROL?
If your debt has become overwhelming, it may be time to consolidate your credit card balances. Save money and simplify your monthly payments by transferring balances from your high-interest cards to the low-interest VERMONT Platinum credit card. Your balance transfers will earn the card’s lowest interest rate and you won’t pay any transfer fees. Here are some additional resources to help you take control:
HOW TO PAY DOWN CREDIT CARD DEBT
When it comes to reducing credit card debt, taking a systematic approach is best. Learn how to get started.
HOW TO SAVE MONEY & PAY OFF DEBT
Eliminating debt is the first step. Then it’s time to make smarter choices and start saving again.
FINANCIAL CALCULATOR
Trying to figure out how long it will take to pay off your credit card? Our financial calculator can help!
Used responsibly, credit cards can support your lifestyle without creating debt. Check out our resources for more information on how to spend, save, and eliminate debt so you can achieve your financial goals.
FEATURES
LOW INTEREST
Enjoy a low standard rate of 10.50% APR for out-of-state purchases.
NO HIDDEN FEES
You won’t pay a fee for cash advances, transfers, alerts, or annual membership.
LOW RATE ADVANCES
Cash advances get the same low APR as standard purchases (and no fee!).
LOWER RATE TRANSFERS
Need to consolidate debt? Balance transfers get the low 6.50% APR.
CARD ALERTS
Get notified when your card is used, knowing Visa Secure protects your purchases online and in-person.
ONLINE ACCESS
Check statements, make payments, and more 24/7 through Credit Card Online.
For more details on these benefit enhancements see the full VISA Card Guide to Benefits document or visit VISA’s website.
BENEFITS
Cell Phone Protection
If you charge your monthly cell phone bill to your VERMONT Platinum credit card, this benefit will cover the damage or theft of your cell phone up to $200 per claim and up to $400 per year.
Auto Rental Collision Damage Waiver
This benefit reimburses you for repairs/ replacement of a damaged rental vehicle due to collision, theft, or other physical damages not covered by the auto rental company or personal insurance.
Personal Identity Theft
In the event of personal identity theft, you will be reimbursed up to $5,000 for covered expenses incurred to restore your identity as a result of a Covered Stolen Identity Event2.
Travel Accident Insurance
You are covered with a $250,000 Accidental Death and Dismemberment insurance policy. This insurance pays a cash benefit in the event of a covered injury or death due to an accident.
RATES
| Transaction Type | APR |
|---|---|
| For Purchases | 6.50% Vermont Based Rate1 or 10.50% Standard Rate |
| For Cash Advances | 10.50% Standard Rate |
| For Balance Transfers | 6.50% Vermont Based Rate |
APR = Annual Percentage Rate and is effective as of 3/16/2020. APRs are variable and can change monthly. A Foreign Transaction fee of 1.00% of each transaction in U.S. dollars will be charged for purchase or cash advance transactions outside the U.S.
1 The Vermont Based Rate is contingent on, and applies to purchases identified by the state code used by the merchant’s processing system. All transactions processed by merchants with a Vermont state code and balance transfers will receive the Vermont Based Rate.
2 Covered Stolen Identity Event means the theft or unauthorized or illegal use of your name, transaction card account or account number, Social Security number, or any other method of identifying you.
If you are already a member and want to apply for a product online, it’s easier to apply once you’ve logged into your Digital Banking. That way we can save you time by pre-filling the application with the general information we already have on file for you.
