The low-rate card that's on your side.
Your pocket-size backup plan is here.
As the effects of the pandemic continue to create uncertainty in our lives, having a financial lifeline on your side can help ease that anxiety. With a Platinum MasterCard® from Credit Union of New Jersey, that lifeline comes with an incredibly low 2.99% APR* for the first 12 months with rates between 8.15% and 16.15% variable APR* after that. Whether you’re transferring high-rate balances or putting food on the table, here’s an extra level of support when you need it most.
When life beings to feel normal again, you’ll have up to $25,000 of spending power to use on whatever the road ahead brings. None of us know what’s around the corner but having this extra reserve available to you goes a long way.
Understanding credit cards and their power.
Think of a credit card as a multi-tool. On one hand, it’s available credit when you need it for just about anything you need it for. An extra level of support, a backup plan. On the other, it can be used to transfer existing balances and pay them off at a lower rate—saving you money in the long term.
I pay my card off each month. Why does an introductory offer matter?
If you routinely off pay off your card in full each month, consider our Platinum Rewards MasterCard® instead. Use this card for virtually everything—groceries, gas, utilities and any other bills that allow payment by credit card. Then, pay the card in full each month as you’re already doing. But where you will reap enormous benefits here is by quickly accumulating points (or cash back) that you can then use to redeem for items and services you need (or want).
How will transferring credit card balance(s) save me money?
In a nutshell, credit card balance transfers work by moving a balance from a high-rate credit card over to a credit card with a lower interest rate. With credit cards like the Credit Union of New Jersey Platinum MasterCard®, this move has the potential to save you hundreds of dollars.
It’s important to keep in mind that transferring a balance means you’re still carrying a balance. Carrying a monthly balance (even with a low interest rate) means you need to make on-time payments of at least the minimum amount due—if not more. Consumers can take advantage of this to avoid those high-interest charges but need to be aware that the balance still remains.
How will paying more than my minimum balance due each month save me money?
In times of financial stress, paying just the minimum balance due on your card(s) can be tempting. But this practice only causes those high-interest rates to keep your balance growing and makes that minimum payment due each month increase. Instead, pay the highest amount you can afford, even if it’s just $10 more than the minimum.
Although it might not feel like an immediate savings, the amount you end up saving in the long run can be massive.
Earn cash back or rewards points for virtually anything.
If accruing rewards points or getting cash back interests you more, then our Platinum Rewards MasterCard® might be a better fit. It rewards your good spending habits with points on everyday purchases that you can redeem for valuable merchandise. If you’d rather have cash back, that works in your favor, too.
Apply todayStill unsure of which card is right for you? Check out the chart below.
| Platinum | Platinum Rewards | |
|---|---|---|
| New Account Special Offer | 2.99% intro APR* for 12 months on purchases, balance transfers and cash advances | 5,000 Bonus Points** |
| Reward Points | N/A | 1 point for every dollar spent in purchases |
| Rate Pricing & Terms Consumer Agreement |
As low as 8.15% to 16.15% APR* variable | As low as 9.15% to 17.15% APR** variable |
| Credit Limit | Up to $25,000 | Up to $25,000 |
| Annual Fee | $0 | $0 |
| Reward Points |  |
|
 Apple Pay™ |
||
 Samsung Pay™ |
||
 Google Pay™ |
||
| Credit Card Alerts | ||
| Card Locking | ||
| Emergency Card Replacement and Emergency Cash Disbursement | ||
| Travel Accident Insurance Disclosure |
||
| Trip Interruption/ Trip Cancellation Disclosure |
The perfect card for you is just a few clicks away.
Introductory rate of 2.99% APR (Annual Percentage Rate) applies to the first 12 billing cycles and is subject to credit approval. Thereafter, APR is 8.15% to 16.15% variable, based on creditworthiness. This rate will vary with the market based on the Prime Rate. Membership eligibility required. Membership deposit of $5.00 is required at all times in Main Share Savings Account.