Redwood Credit Union Credit Card Review 2023

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Redwood Credit Union Credit Card

RCU is a trusted local community credit cooperative founded in 1950. As a financial cooperative, they care about people, not profit. Learn more about the differences in credit unions. Return income to members through more favorable rates, low or free fees, and expanded services. They provide a full range of services, offering personal and commercial banking products and services at the best prices. Services include checks, savings, investments, cars, RVs, personal, family and business loans, credit cards, insurance, car center and brokerage services, free online services, etc! They care about your financial situation. They offer free financial education, information, tools, and resources to assist you in making sound financial choices. They have assets of US$6.7 billion and are ranked 38th among approximately 5,200 U.S. credit unions.

Pros & Cons Analysis of Redwood Credit Union Credit Card

Pros

1.5 points / $1 spent
no foreign transaction fees
no balance transfer fees
$0 annual fee

Cons

limited service area with just 19 branches
mobile app doesn't rate high with users

Redwood Credit Union Credit Card Highlights

Rewards: Every time you take advantage of your RCU Visa® credit or debit card to participate in their free Redwood Rewards program, you can earn valuable reward points.

Visa Signature Card: Earn 1.5 points for every 1 USD spent

Visa Platinum Card: Earn 1 point for every 1 USD spent

Visa Debit Card: Earn 1 point for every 2 USD spent.

Turn your points into cash! Earn cashback (deposit into your RCU account). Get exclusive offers on air tickets, hotel accommodations, car rentals, cruises, etc., and enjoy a variety of gift card reward options, including dining, shopping and entertainment. Hundreds of brand-name incentives, like cameras, tablets, and household appliances, are available to choose from. From concerts to top sports events to dramas, find tickets for national events you will love! Whether it's a tandem skydiving or a spa day, you can redeem your points for various excursions and entertainment activities. For a complete list of available retailers, merchandise and travel options, as well as complete program details and rules, please log in to your RCU online account and go to the "Rewards" tab, or click on "Rewards" in the RCU mobile app.

Features: With RCU's loan payment service, spend less time queuing and more time to do what you like. Make RCU loan or credit card payment via your phone, tablet, laptop or PC. It is safe and reliable, and you can control when and how you pay! Transfer funds from RCU accounts or other financial institutions. Make a one-time payment or set up regular loan payments according to your chosen schedule. Use RCU debit cards or any debit cards from other financial institutions (not yet available for mortgages or small Corporate loan payment). RCU's mobile application provides the same convenient payment options as online banking. You can also make mobile check payments; just log in to mobile banking, take a photo of the check and make the payment. Register for RCU's online banking and download their mobile app. They are happy to showcase any of these convenient services. Stop or call them and they will take you through it so you have more time to enjoy the things you like.

FQA of Redwood Credit Union Credit Card

What is Visa Account Updater of redwood credit union credit card?

Visa Account Updater (VAU) is a service that provides card number and expiration date updates for merchants who maintain card on record (COF) account information to process recurring customer payments. Card-On-File (COF) Merchants keep customers’ card numbers on file for regular payments. Examples include subscription services (such as Netflix), utility companies, and merchants that provide one-click shopping (such as Amazon). The VAU service provides a way for card issuers such as Redwood Credit Union to communicate the latest cardholder account information to Visa. Visa then provides this information to merchants who choose to participate in the service.
How about Business Debit Card at redwood credit union credit card?

Business accounts are not eligible for debit rewards at redwood credit union credit card. For cash advances in non-RCU locations, 2% of the advance payment or $20, whichever is greater, will be charged. Convenient checks, cash advance transactions and balance transfers are not counted towards earning points. The rate will be effective on August 31, 2021. Rates, terms, and special offers are all subject to change without notice. There are several limitations. A fee of 2% of the advance payment or $20, whichever is greater, will be levied for cash advances made at non-RCU locations. Debit incentives are not available for business accounts. Convenient checks, cash advance transactions and balance transfers are not included in earning points.

Redwood Credit Union Credit Card Review