Want an everyday low rate and no annual fee?
Customer Service is SpectacularI enjoy being a member of Arkansas Federal because they are always helpful when I need something. I have had a positive experience working with Arkansas Federal because its customer service is spectacular.
Save with a low rate and no annual fee.
Get one of the best everyday credit card rates available, as low as 9.50% APR As of 02/02/2026, the variable APR ranges from 9.50% to 18.00% and is based on your creditworthiness and market conditions related to the Prime Rate. There is no annual fee; however, late payment fees may reach $40. The foreign transaction fee is 1.00%, and a balance transfer fee of 3.00% of the total amount applies. A cash advance fee of 3.00% per transaction also applies, and interest on cash advances will be charged at your standard APR from the transaction date. All loans, including credit cards, are subject to credit approval, and additional restrictions may apply. Membership with Arkansas Federal Credit Union is required. Please refer to the Full Credit Card Account Agreement and Disclosures for complete details.. Plus, there’s no annual fee and no over-limit fee.
More Great Benefits
Online & Mobile Banking
Managing your card from your computer or mobile device has never been easier! Pay your credit card bill online, check available credit, and more.
Identity Theft Resolution Services
Should you become the victim of Identity Theft, Mastercard will assist you with credit bureau notification and debit card replacement and provides you with an ID Theft Affidavit.Certain restrictions apply. For details, see the Guide to Benefits.
Mastercard® Global Service™
Receive around-the-clock customer service assistance with lost or stolen card reporting, emergency card replacement, as well as assistance with locating ATMs and other card-related questions.
Mastercard® Priceless® Cities
Provides access to unforgettable experiences in the cities where you live and travel, such as access to special events, restaurants, museums, and tours.Certain restrictions apply. For details, see the Guide to Benefits.
Mastercard® Airport Concierge™
Arrange for a personal, dedicated meet-and-greet agent to escort you through the airport on departure, arrival, or any connecting flights.Certain restrictions apply. For details, see the Guide to Benefits.
Authorized User
Share the convenience of your card with another authorized user. When you give them access to your account, they get their own personal card and can enjoy the same perks you do.
Security & Benefits
$0 Liability
You won’t be held responsible for unauthorized charges made with your account or account information.$0 Fraud Liability: Certain restrictions apply. See www.mastercard.us/zero-liability for details.
Card Defend
With the touch of a button, decide when, where, and how your credit card is used.
Digital Wallet
Instead of carrying your card around, securely store it in your phone’s digital wallet for quick checkouts in-store or online.
How We Compare
Compare our low rate to other cards—see why we’re the smarter choice.
 | Simmons | Capital One | |
|---|---|---|---|
| Card | Platinum Classic | Simmons Visa | Platinum Mastercard |
| APR | 9.50%-18.00% | 13.75%-21.75%Percentages are based on the rates promoted on competitor websites on 01/28/2026 and are variable based on Prime. | 28.99%Percentages are based on the rates promoted on competitor websites on 01/28/2026 and are variable based on Prime. |
| Annual Fee | $0 | $0 | $0 |
| Balance Transfer Fee | 3% | 5% | 4% |
| Fraud Liability | $0 | – | $0 |
| Credit Score Monitoring | Free | Free | Free |
Hear From Our Happy Members
Makes banking easyArkansas Federal makes banking easy. It always handles just what I need right on the spot.
Friendly and Willing to HelpI really love how everyone is so friendly and willing to help with my banking needs. I am very thankful I listened and chose Arkansas Federal for all my banking needs.
Fast and Easy ProcessI must say I was pleasantly surprised at just how fast and easy the process played out. I submitted the documents needed and in no time, we were approved and ready to make an offer on a house.
Rates & Fees
Clear pricing with no hidden fees!
Interest Rate
as low as
9.50
%
APR
As of 02/02/2026, the variable APR ranges from 9.50% to 18.00% and is based on your creditworthiness and market conditions related to the Prime Rate. There is no annual fee; however, late payment fees may reach $40. The foreign transaction fee is 1.00%, and a balance transfer fee of 3.00% of the total amount applies. A cash advance fee of 3.00% per transaction also applies, and interest on cash advances will be charged at your standard APR from the transaction date. All loans, including credit cards, are subject to credit approval, and additional restrictions may apply. Membership with Arkansas Federal Credit Union is required. Please refer to the Full Credit Card Account Agreement and Disclosures for complete details.
Fees
Annual Fee
Balance Transfer Fee
Foreign Transaction Fee
$0
3.00%
1.00%
Frequently Asked Questions
How does a low-rate credit card work?
Arkansas Federal’s Everyday Low-Rate Credit Card offers an everyday low rate that’s significantly lower than many national credit cards. If you don’t pay your full balance each month, the remaining amount will start to accumulate interest at a set rate, also known as the Annual Percentage Rate (APR). With a low-rate credit card, the interest you owe on your balance will grow at a slower pace than it would with a higher-rate card.
Are there any fees?
The low-rate credit card does not have an annual fee, but you may be charged a late fee if a payment is not made on time. A cash advance fee may also apply when using your credit card to withdraw cash.
Will applying hurt my credit score?
Opening a new account can cause a small temporary dip in your credit score, but maintaining good credit behaviors should help bring it back up. Using your credit card responsibly by making on-time payments, keeping your balance low relative to your credit limit, and avoiding opening too many accounts at once can have a positive impact on your credit score.
What credit score do I need to apply?
A minimum credit score of 660 is recommended when applying for Arkansas Federal’s Everyday Low-Rate Credit Card, but credit score is not the only factor we look at. Your income, employment status, credit history, and other financial liabilities will also play a part in whether or not you are approved.
Can I transfer balances to a low-rate credit card?
Yes, and you could save a significant amount of money by transferring to the Everyday Low-Rate Credit Card versus your current high-rate credit card.1