Carry A Credit Card You Can Trust
At Michigan Educational Credit Union, we have always offered consumer-friendly credit cards with beneficial features. Accepted worldwide, our Mastercard Classic, World Rewards and Platinum are ideal for travel, shopping, paying at the gas pump, making reservations or purchases over the phone, buying merchandise online, and financing unexpected expenses. To make the most of your card, transfer your higher interest rate credit card balances to your MECU credit card.
Questions about our upcoming change from Visa to Mastercard?
All of our credit cards offer:
- No Annual Fee
- 25-Day Grace Period
- Worldwide Cash Advance Access
- December & July "Skip Payment" Option (ask staff for details)
- Balance Transfer Option
Our Classic Mastercard features include:
- Low 11.90% Annual Percentage Rate (APR)
- Common Carrier Travel Insurance of $250,000
Coming Soon! Our World Rewards Mastercard features include:
- Competitive Variable 17.49-21.00% Annual Percentage Rate (APR)
- Contactless For Additional Security
- Liability Protection**
- Automatic Payment Options
- 1.5 Points Per Dollar Spent
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| INTEREST RATES AND OTHER CHARGES |
World Rewards Mastercard |
| Annual Percentage Rate (APR) for Purchases |
17.74% - 21.00%, when you open your account, based on your creditworthiness. After that, your APR will vary with the market, based on the Prime Rate. |
| APR for Balance Transfers | 17.74% - 21.00%, when you open your account, based on your creditworthiness. After that, your APR will vary with the market, based on the Prime Rate. |
| APR for Cash Advances | 17.74% - 21.00%, when you open your account, based on your creditworthiness. After that, your APR will vary with the market, based on the Prime Rate. |
| How to Avoid Paying Interest on Purchases |
Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. |
| Minimum Interest Charge | None. |
| For Credit Card Tips from the Federal Reserve Board |
To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore |
Coming Soon! Our Platinum Mastercard features include:
- Competitive variable 15.49-21.00% Annual Percentage Rate (APR)
- Contactless For Additional Security
- Liability Protection**
- Automatic Payment Options
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| INTEREST RATES AND OTHER CHARGES |
Platinum Mastercard |
| Annual Percentage Rate (APR) for Purchases |
15.74% - 21.00%, when you open your account, based on your creditworthiness. After that, your APR will vary with the market, based on the Prime Rate. |
| APR for Balance Transfers | 15.74% - 21.00%, when you open your account, based on your creditworthiness. After that, your APR will vary with the market, based on the Prime Rate. |
| APR for Cash Advances | 15.74% - 21.00%, when you open your account, based on your creditworthiness. After that, your APR will vary with the market, based on the Prime Rate. |
| How to Avoid Paying Interest on Purchases |
Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. |
| Minimum Interest Charge | None. |
| For Credit Card Tips from the Federal Reserve Board |
To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore |
| Name | APR* |
|---|---|
| Visa Classic & MasterCard Credit Cards | 11.90% |
| Visa Gold Credit Card | 10.90% |
| Visa Platinum Credit Card | 9.90% |
| Visa Signature Rewards Credit Card | 17.74% - 21.00% |
| World Rewards Mastercard | 17.74% - 21.00% |
| Platinum Mastercard | 15.74% - 21.00% |
Minimum payment of 3% of the unpaid balance or $10 whichever is greater. Late payments will result in a fee of up to $20. *Annual Percentage Rate | |
** Certain restrictions apply. See www.mastercard.us/zero-liability for details.
To apply for a credit card or request a credit limit increase, please click here. If you would like to transfer balances to an existing MECU credit card, click here or contact the Loan Department. We'll be happy to assist you!
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