Review: The Credit Card That Allows You To Miss Payments

Missing payments is one of the biggest credit card no-no’s but that’s exactly what the Union Plus Mastercard allows you to do. Available to all members of American labor unions, this offers benefits you simply cannot find anywhere else. If you are a union member and do not have this card yet, consider giving up any other credit card you have - this is the only one you need.

Unique Benefits

The Skip Payment privilege allows you to keep from paying up to two times during a twelve month period without penalties. During sanctioned union strikes, you can skip up to four payments for the same twelve-month period. You are not allowed, however, to skip three consecutive payments.

It also includes a scholarship program for union members, their spouses and dependent children - an amazing feature you simply don’t get with a credit card. Along with it is a loan program that features long-term payment options and very competitive rates.

It comes with a rewards package that gives two points for every dollar spent on gas, groceries and medicine. You get 1 point for regular purchases not belonging to the above categories and you receive 2,000 free points after your first purchase on the card.

Fees

This card has no annual fee but APR can range from between 12.99% to 19.99%. There is an introductory APR of 1.99% on the first six months. There are no fees on balance transfers.  Additionally, balance transfer APR will remain the same from the start until it is completely paid off.