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enviroGold VISA credit card reviews

enviroGold VISA credit card details and credit card application link.

The enviro Gold Visa is one of the four credit cards serviced by the Vancity, one of the oldest credit institutions in British Columbia. The card is a flexible financial product that offers holders a number of advantages and options to choose from. Every successful applicant can select one of the three main credit schemes: enviro Gold with rewards; enviro Gold with a low interest rate and rewards; and enviro Gold with a low interest rate but without rewards. Here are the main differences which characterize the three:

Under the terms of the enviro Gold with rewards scheme, card holders are charged at an interest rate of 19.5 percent and have to pay an annual fee of $99. As part of the My Visa Rewards Plus program, every dollar they spend will give them 1 bonus point. With the second scheme, which features both, rewards and a low interest rate, the annual fee is much higher, $145, but the rate is only 11.25 percent (the bonus points per dollars spent rate remains the same). With the third option, one is not entitled to bonus points but pays only $45 dollars for the privilege of having a low interest rate at 11.25 percent.

A comparison with Vancity's other major card, the enviro Classic Visa, which offers the same three schemes, reveals the following differences: the annual fees for the enviro Classic are much smaller ($0.00, $50.00, and $25.00, respectively), but the bonus rate with the enviro Gold is more stimulating (purchases with the Classic card accrue 1 bonus point for every 2 dollars spent). This data shows that the enviro Gold is the better option for those who like to collect bonus points. All the more so as Vancity grants 3,500 points to enviro Gold card holders at the time of their first purchase and additional 2,500 points on the anniversary of their account every year. To enviro Classic holders, this feature is not available.

The rewards that can be claimed with the bonus points run an enormous gamut - from airplane tickets and hotel reservations through furniture and electronic appliances to personal loan and mortgage payments. These rewards can be ordered from the My Visa Rewards Plus website at a rate of 100 points for $1.00 worth of purchases. Alternatively, card holders can choose to donate their points to Vancity's enviroFund, which supports various environmental causes throughout the country.

Besides bonus points, enviro Gold card holders can receive extended warranty of up to one year and purchase security insurance for every product they buy with the card. There is also a non-stop Customer Assistance service, available from any location worldwide, which helps customers annul and replace their card if they lose it or it gets stolen.

Another charitable credit card you can look at is the Canadian Wildlife Federation Credit Card. This financial product goes with no annual fee, promotional interest rate of 3.9 percent, and regular interest rate of 16.99 percent on purchases and 18.99 percent on balance transfers and cash advances. The credit limit is quite large: up to $100,000. Included features are emergency replacement, online access to one’s account, international acceptance, and around-the-clock fraud protection. Moreover, every time card holders make purchases with the card, the MBNA makes a donation to the Canadian Wildlife Federation.

Credit Card Details
NameenviroGold VISA Apply Now
Interest Rate19.5%
Annual Fee$99
Cash BackNo
Low InterestNo
Auto and GasNo
Instant ApprovalNo
Balance TransferNo
US DollarNo
No Annual FeeNo