Have you been curious concerning whether a credit union credit card would be good fit for your financial options? Credit cards can be issued to people over the age of 18. Seven out of ten people have at least a single credit card. It seems like many big banks offer credit cards too. Which is better, getting a credit card from a larger banking institution or a credit union? At a glance, credit cards from credit unions typically offer lower fees. But what is a credit union and why should you get a credit card from one of them?
A credit union is a member-owned, nonprofit bank with members-only, all-volunteer boards. Big banking institutions typically have higher interest rates and fees and share their profits with shareholders. Credit unions pass their profits to members in the form of low fees and interest rates. Credit unions also serve their communities by offering banking services to people in the same geographical area, who work for one particular employer, or who are m Continue reading Can You Get a Credit Card from a Credit Union?