Mastercard

Des Moines Metro Credit Union’s MasterCard is accepted at millions of locations around the world, and you can receive cash conveniences at thousands of financial institutions worldwide.

The Platinum MasterCard has a low, fixed 9.90% annual percentage rate, and there’s no annual fee. The minimum credit limit for a Platinum MasterCard is $5000.
We also offer:

  • A Gold MasterCard with a low, fixed 11.5% APR, $2500 minimum credit limit, and no annual fee
  • A Regular MasterCard with a low, fixed 13.5% APR, a $500 minimum credit limit, and no annual fee

Trying to repair or build credit? We offer a Share-Secured MasterCard. Your credit limit is determined by the amount you pledge in your savings account. Contact a loan officer for more information at 515-283-4195 or apply now.

Interest Rates & Interest Charges For MasterCard APR
Annual Percentage Rate (APR) for Purchases, Cash Advances, & Balance Transfers 9.90% Platinum 11.50% Gold13.50% Regular
How to Avoid Paying Interest on Purchases Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month.
For Credit Card Tips from the Federal Reserve 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.
MasterCard Fees Fee Amount
Annual Fee None
Foreign Transaction Fee 1% of each transaction in US Dollars
Pentalty Fees Fee Amount
Late Payment $10.00
Lost Card $5.00
Returned payment $10.00

How We Calculate Your Balance: We use a method called the “average daily balance (including new purchases)”

Minimum payment: Regular–2% of the outstanding balance or $10; whichever is greater. If your balance is less than $10, your minimum payment will equal your balance.

Gold and Platinum–2% of the outstanding balance or $25; whichever is greater. If your balance is less than $25, your minimum payment will equal your balance.