Introducing the Lafayette Federal Platinum Mastercard® Credit Card
Low rates, great rewards + 50,000 bonus points
Achieve more while you gain incredible member benefits and rewards that allow you to make your dreams possible with each purchase.
Score 50,000 bonus points
For a limited time, earn 50,000 reward points when you spend your first $5,000!2 – that’s a $500 redemption value!
Earn CURewards on every purchase
For every dollar you spend, earn unlimited points towards merchandise and travel expenses. Visit the CURewards Store.
Lower rates
Pay down your balance faster and save on interest payments with lower rates compared to traditional banks
Stress less with purchasing peace of mind
Experience the credit union difference with no annual fee, no foreign transaction fee, and low purchase, balance transfer and cash advance APR1
Additional card features and benefits
Gain maximum spending power
with credit limits up to $50,000
Member-focused rates
as low as 12.90% APR1
Enjoy convenient payment options
with Apple Pay™, Google Pay™, Samsung Pay™ and EMV technology
Rates, terms and fees
Get the details on our Platinum Mastercard® rates, terms, and fees.
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Charges & Fees |
Terms |
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¹Variable Rate Information: APR=Annual Percentage Rate. Your APR may vary. Your rate is determined by adding a Margin (initially determined based on an evaluation of each member’s credit score, economic conditions and other risk factors) to the highest Prime Rate published in the Wall Street Journal on the first business day of the current month, and the rate will then adjust monthly (on the first day of your billing cycle), according to monthly increases or decreases in the Wall Street Journal Prime Rate. The APR will not be more than 18.00%, regardless of the Wall Street Journal Prime Rate. The margin applicable to your account is subject to review every 6 months. After a period of 12 months from card issuance, we may increase or decrease the margin applicable to your account based upon changes in your credit history. We will notify you in accordance with applicable law before we apply any margin increase to your account. The margins will range from 4.90%-13.90% as described in paragraph 5 of your Lafayette Credit Union Platinum Mastercard Credit Card Terms and Conditions. The rates and terms shown are effective as of October 1, 2024. |
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Charges & Fees Purchase, Balance Transfer and Cash Advance APR1 |
Terms 12.90%-18.00% When you open your account, determined by your credit worthiness.1After that, APR will vary with the market based on the Prime Rate and a margin determined by credit history. |
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Charges & Fees How to Avoid Paying Interest on Purchases |
Terms LFCU allows you 25 days to make a payment for charges of merchandise and/or services. When the billing cycle beginning balance is $0.00 you avoid paying interest. |
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Charges & Fees Minimum Finance Charge |
Terms There will be up to a $1.00 minimum finance charge assessed. |
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Charges & Fees For Credit Card Tips from the Consumer Financial Protection Bureau |
Terms 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 |
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Charges & Fees Annual Fee |
Terms None |
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Charges & Fees Balance Transfer Fee |
Terms 3% of each balance transferred, or $30.00, whichever is greater. |
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Charges & Fees Cash Advance Fee |
Terms Either $2.00 or 2% of the amount of each cash advance, whichever is greater. |
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Charges & Fees Foreign Transaction Fee |
Terms None |
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Charges & Fees Late Payment Fee |
Terms Up to $25.00 will be assessed and added to your balance if the minimum payment is not received within 5 days following the payment due date. |
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Charges & Fees Over the Credit Limit Fee |
Terms None |
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Charges & Fees Returned Payment Fee |
Terms Up to $25.00 |
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Charges & Fees Card Replacement Fee |
Terms Up to $5.00 |
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Charges & Fees Balance Computation Method |
Terms Average Daily Balance |
Bank With The Best – Nationally Ranked!
Join a credit union with nation-leading rates and top notch service you can trust. But don’t just take our word for it.
USA Today Top Work Places 2024
USA Today’s Top Work Place Award celebrates nationally recognized companies like Lafayette Federal Credit Union that make the world a better place to work together by prioritizing a people-centered culture and giving employees a voice.
#12 of Top 100 Credit Unions 2022
S&P Global Market Intelligence Rankings places Lafayette as one of the Top 100 performing credit unions in 2022, securing the #12 spot out of almost 1,800 qualified credit unions nationwide.
#84 in The Washington Post 2024 Top Workplaces
Lafayette Federal is delighted to share its placement as number 84 out of 250 workplaces in the esteemed 2024 Washington Post Top Workplaces list. This recognition underscores our continuous commitment to prioritizing employee satisfaction and well-being, reinforcing our position as a leading employer in the Greater Washington area.
Our members say the nicest things.
My Lafayette story started in 1994 when I first joined. I did not know what a credit union was about, but my company offered it as a benefit for my direct deposit paycheck. This allowed me to get my money a few days early. Over the years I have had mortgages, car loans, and been able to volunteer to improve the credit union. I have always been very happy with the customer service, even when I was across the country with no access to a branch.
Richard B.Member for 29 Years
Back to top Disclosures
1APR=Annual Percentage Rate. Your APR may vary. Your rate is determined by adding a Margin (initially determined based on an evaluation of each member’s credit score, economic conditions and other risk factors) to the highest Prime Rate published in the Wall Street Journal on the first business day of the current month, and the rate will then adjust monthly (on the first day of your billing cycle), according to monthly increases or decreases in the Wall Street Journal Prime Rate. The APR will not be more than 18.00%, regardless of the Wall Street Journal Prime Rate. The margin applicable to your account is subject to review every 6 months. After a period of 12 months from card issuance, we may increase or decrease the margin applicable to your account based upon changes in your credit history. We will notify you in accordance with applicable law before we apply any margin increase to your account. The margins will range from 4.90%-13.90% as described in paragraph 5 of your Lafayette Credit Union Platinum. 2Must spend $5,000 within the first 90 days of credit card account opening to earn the 50,000 bonus reward points. Points are applied to the credit card account within 30 days after the required $5.000 spend threshold is met. Other restrictions may apply. Lafayette Federal is an equal opportunity lender.