SWACU is excited to announce a new Visa® credit card program. We know using one of our Visa Credit Cards will provide the convenience and security to make purchases, pay bills or get cash. The new SWACU Visa program offers a Variable Rate Visa making our card one of the most competitively priced cards in the marketplace. All three of our cards offer:

  • Introductory Offers—0% on new purchases and balance transfers
  • EMV chip technology for added security
  • Options for incentive pricing and special offers from SWACU

From our no-frills low-interest Platinum card to our cash-back and reward points Signature card, we’ve got you covered!*   

Effective October 8th, 2017

Visa Platinum
  • No Annual Fee
  • 0% on new purchases for first 12 months
  • 0% on Balance Transfer for 12 months with 2.99% balance transfer fee
  • Competitive rate
  • Added security with EMV chip technology
  • Great first credit card
  • 24-hour access account information (via SWACU Home Banking)

PlatinumCard_SWACU

Visa Rewards
  • No Annual Fee
  • 0% on new purchases for first 12 months
  • 0% on Balance Transfer for 12 months with 2.99% balance transfer fee
  • Competitive rate
  • Added security with EMV chip technology
  • Earn one reward point for every dollar spent
  • Bonus points on NEW Rewards Credit Cards**
  • Generous Credit Limit
  • Unlimited Point Caps
  • 24-hour access account information (via SWACU Home Banking)

RewardsCard_SWACU

Visa Signature
  • No Annual Fee
  • 0% on new purchases for first 9 months
  • 0% on Balance Transfer for 12 months with 2.99% balance transfer fee
  • Competitive rate
  • Added security with EMV chip technology
  • Cash-back or reward points
  • Earn two points on travel, one reward point on all other categories.
  • Bonus points on NEW Signature Credit Cards**
  • Generous Credit Limit
  • Unlimited Point Caps
  • 24-hour access account information (via SWACU Home Banking)

SignatureCard_SWACU

Interest Rates and Disclosures

*New offers apply to new Visa® cards only. To take advantage of new credit card program, you must apply for a new card. New Account bonuses do not apply for credit card upgrades.

**New Account Bonus:
Rewards Visa Card: 10,000 bonus points if $1,000 spent in first 90 days; 1500 bonus points with $5,000 spent in calendar year; 1,500 additional points if $10,000 spent in same calendar year.
Signature Visa Card: 25,000 bonus points if $2,000 spent in first 90 days, 2,500 bonus points with $5,000 spent in calendar year. 2,500 additional points if $10,000 spent in same calendar year.

Loan approval and APR based on creditworthiness, payment method and ability to repay. Rates, terms, and conditions are subject to change. APR=Annual Percentage Rate.

Fee schedule. Fees subject to change.

Balance Transfers must be made in the first 90 days of opening.

The information about costs of the Card is accurate as of the effective date shown below. You can call or write Southwest Airlines Federal Credit Union, PO Box 35708, Dallas, TX 75235, (214) 357-5577, (800) 262-5325 to inquire if any changes have occurred since the effective date.

Grace Period for Repayment of Balances for Purchases: If you have a Visa Platinum, you have 25 days from the statement closing date to repay your entire balance for purchases before a finance charge is imposed. 

Method of Computing the Balance for Purchases: Average Daily Balance (including new purchases).

Effective Date: October 8, 2017.

INTEREST RATE AND INTEREST CHARGES

Purchase Annual Percentage Rate(APR)

Platinum Visa Card

0% Intro APR for the first 12 billing cycles that your account is open.*

After that, 9.25% to 18.00%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate.a

Rewards Visa Card

0% Intro APR for the first 12 billing cycles that your account is open.*

After that, 10.25% to 15.25%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate.a

Signature Visa Card

0% Intro APR for the first 9 billing cycles that your account is open.*

After that, 12.25% to 14.25%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate.a

Balance Transfer APR

0% Intro APR for the first 12 billing cycles that your account is open. Balance Transfers must be made in the first 90 days of account opening.

Cash Advance APR

18.00%. This APR will vary with the market based on the Prime Rate.b

How to Avoid Paying Interest on Purchases

Your due date will be a minimum of 21 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on balance transfers and cash advances on the transaction date.

Minimum Interest Charge

None

Credit Card Tips from the Consumer Financial Protection Bureau

To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore.

 

FEES

Visa Platinum

Visa Rewards

Visa Signature

Annual Fee

None

None

None

Transaction Fees

Balance Transfers

2.99%c

2.99%c

2.99%c

Foreign Transactions

2%

2%

0%

Cash Advances

$10 Minimum and 2% of total withdrawn

$10 Minimum and 2% of total withdrawn

$10 Minimum and 2% of total withdrawn

Penalty Fees

Late Payment

If more than 10 days late, you will be charged 20% of the minimum payment due.

If more than 10 days late, you will be charged 20% of the minimum payment due.

If more than 10 days late, you will be charged 20% of the minimum payment due.

Over-the-Credit Limit

None

None

None

Returned Payment

$30

$30

$30

 Return Check

$30 

$30 

$30 

*New offers apply to new Visa® cards only. To take advantage of new credit card program, you must apply for a new card. New Account bonuses do not apply for credit card upgrades.

Prime Rate: Variable APRs are based on the 4.25% Prime Rate as of 9/26/2017

aWe add 5.00% to 15.00% to the Prime Rate to determine the Purchase APR. Maximum APR 18.00%.

bWe add 15.00% to the Prime Rate to determine the Cash Advance APR. Maximum APR 18.00%.

cBalance Transfers must be made in the first 90 days of account opening.

We'd love to see you!