Lake Michigan Credit Union Prime Platinum Card

Lake Michigan Credit Union Prime Platinum Card

Lake Michigan Credit Union Prime Platinum Card

Lake Michigan Credit Union Prime Platinum Card

Lake Michigan Credit Union Prime Platinum Card

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Card details

  • 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

  • Annual fee

    $0

  • Rewards rate

    N/A

  • Bonus offer

    None

  • Intro APR

    N/A

  • Ongoing APR

    Purchase: 6.25%, Variable

  • Foreign transaction fee

    1%

Recommended credit score

Compare to other cards

Lake Michigan Credit Union Prime Platinum Visa Credit Card

Lake Michigan Credit Union Prime Platinum Card

Learn more
Annual Fee

$0

Annual Fee

$0

Annual Fee

$0

Regular APR

6.25% Variable

Regular APR

14.99% - 23.74% Variable APR

Regular APR

14.99% - 23.74% Variable APR

Intro APR

N/A

Intro APR

0% intro APR on Purchases for 15 months

Intro APR

0% intro APR on Purchases for 15 months

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

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NerdWallet review

By Sara Rathner

Rating details

3.5

Editor's overall rating

Pros and cons

Pros
  • No annual fee

Cons
  • No rewards

  • 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 annual fee is $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.