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Secured Visa Platinum

Build your credit history with an Alaska USA Secured Visa Card. It works like a regular credit card, but it's backed by funds on deposit in your Alaska USA savings account.

When you carry an Alaska USA Secured Visa Card, you get platinum-level benefits, including ScoreCard™ points redeemable for travel and merchandise. There's a minimum of $500 you need to keep on deposit, but that also qualifies you for an Alaska USA Relationship Checking account with no monthly maintenance fees.

And if you have an Alaska USA checking account, the typical $50 annual Visa card fee is also waived.

Apply for the Secured Visa today and begin building a positive credit history!

Account terms

Normally, a member in good standing may be granted a Secured Visa credit card in an amount equal to the amount of share savings placed on hold with a minimum limit of $500.

Secured Visa Platinum Credit Card Disclosure

To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard.

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases).

This information is accurate as of February 2010, and is subject to change upon written notice to cardholders. To confirm current features and costs, contact Alaska USA Card Services at 563-7500, or (800) 525-9094 outside of Anchorage and (800) 742-7084 for TTY/Hearing Impaired.

Secured Visa Platinum Agreement (PDF 223KB)
Annual Percentage Rate (APR) for purchases 14.5%
Same rate for purchases, balance transfers, and cash advances.
How to avoid paying
interest on purchases		 You have 25 days to repay your balance for purchases before being charged a finance charge.
Annual fee $50 (waived for Alaska USA checking account holders)
Transaction fee for
cash advances		 2% of the cash advance amount ($10 maximum)
Fee for foreign transactions 1% of the cash advance in U.S. dollars
Late payment fee 5% of minimum payment due ($1 minimum)
Returned payment fee $20
The intent of this program is to provide credit cards to members who would not otherwise qualify for an unsecured credit card because of insufficient credit experience or poor past credit history.  Approval of secured credit card requests requires a completed credit card application and no evidence or indication of current or future credit problems. Additionally, members who have caused the credit union to suffer a financial loss will not be eligible for this program.

Establishment of unsecured credit card credit limits may be considered after two years' satisfactory performance on a secured basis.  Approval of such unsecured limits requires loan officer review of a current application and underwriting consistent with usual standards.