One of the lowest interest rates in the country, as low as Prime + 3.00%
Rate is variable, tiered, and is linked to Prime
No annual fee
Credit line of up to $25,000
Free car rental insurance
Rates, fees & offers
Purchase: 8.50%, Variable
Foreign transaction fee
Recommended credit score
Not sure which card is best for you?
By Sara Rathner
Editor's overall rating
Pros and cons
No annual fee
Needs excellent credit
If you consistently carry a balance, you can save money by limiting how much interest you pay. The Lake Michigan Credit Union Prime Platinum Card offers one of the lowest ongoing APRs available for those who qualify.
The $0, and the card charges no balance transfer fees.
But if you do plan to pay your balance down eventually, that opens up your possibilities to other credit cards with long 0% introductory APR periods for new charges or balance transfers.
The Lake Michigan Credit Union Prime Platinum Card serves a very specific purpose: providing a low interest rate to cardholders who plan to carry a credit card balance indefinitely.
For more information, see our full review of this card.
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