Space Coast Adds Platinum Visa With APR Tied To Score

MELBOURNE, Fla. - The $1.5-billion Space Coast Credit Union has added a Platinum Visa card with a points reward program to its product menu. The rewards are earned through the Scorecard Rewards program that provides one point for every dollar and offers a catalog of products and travel where members can spend their earned points.

To encourage members to take advantage of this new program, the credit union is offering an introductory balance transfer rate of 5.99% APR to all new SCCU Visa cardholders, good for the first six billing cycles. After the introductory rate expires the new Platinum card will feature a rate structure that adjusts the on-going rate according to the member's credit score.

SCCU said it will automatically lower the rate if the member's credit score improves. The adjustable pricing will feature rates as low as 9.9% APR. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com