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Blog > 2010 > March > Credit Card Solutions From Your Local Cr...
March 09, 2010

Credit Card Solutions From Your Local Credit Union - Financial Center

FCFCU Credit CardIt isn't breaking news anymore that credit card companies came under new regulation last month.  In the last couple months you may have been receiving notices in the mail from your bank or credit card companies indicating the changes that were to take place.  With more regulation to come in August, the government has taken a harder stance on a few of the ways credit card companies make a profit.  As an obvious cause-effect scenario, these companies are finding other loopholes to leverage compensating on the profit loss through the new regulations.  

In an article posted this morning at USA Today, Sandra Block explains in her weekly financial column advice and tips on how to avoid becoming victim to these new loopholes.  One of her suggestions is to consider switching to your local credit union for cards.  She explains how credit unions are able to have lower fees on credit cards (or no fees at all).  According to a survey, median credit union late payment fees are $20, as apposed to $39 from bank credit cards. 

If you're looking for a new Indianapolis bank you may want to consider checking out the credit card options at Financial Center.  Credit union banking with Financial Center offers virtually all of the options that your current bank provides with the added bonus of lower fees and member-owned customer service.  

Some of the features of a VISA Platinum credit card from FCFCU:
  • Fixed rate
  • Credit line up to $30,000
  • No annual fee
  • No cash advance fee
  • 25 day grace period on purchases
  • Skip-a-payment option
  • Low 2% minimum payment required
  • Automatic payment from account
Consider becoming a member at your local Financial Center of Indianapolis.  Or, move your accounts over to Financial Center. 

Category: FCFCU
Your savings federaly insured to at least $250,000 and backed by the full faith and credit of the United States Government: NCUA, Equal Housing Lender, ESI