Understanding Credit Card Rates
Low-rate credit cards are great, especially for people new to using credit cards.
Read MoreLow-Rate
Credit Card
Why pay more? Save on interest with one of the best everyday rates—no intro offer, just a low rate all year long.
as low as
9.75
%
APR
As of 12/02/2025, the variable APR ranges from 9.75% 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.
Why pay more? Save on interest with one of the best everyday rates—no intro offer, just a low rate all year long.
Low Rate
Save with an everyday low rate.
$0 Annual Fee
Enjoy no annual fee, ever.
Easy Application
Apply online in minutes. It’s easy.
Fraud Protection
Stay secure with $0 fraud liability.Certain restrictions apply. For details, see the Guide to Benefits.
Save More, Enjoy More
With no annual fee, 24/7 control, free credit monitoring, and more—get the most out of your everyday spending.
Everyday Low Rate
Enjoy one of the best everyday low rates with $0 annual fee, saving interest on your hard-earned money.
24/7 Card Control
Take control anytime with 24/7 card access. Lock/unlock your card, view transactions, and manage spending.
Free Credit Monitoring
Enjoy free credit monitoring with Credit IQ. Track your score, get alerts, and more to protect your credit.
Free Additional Users
Add family or friends to your card, share benefits, and track spending with full control and no extra fees.
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 | 9.75%-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 |
What Our Members Say
Don’t just take our word for it—hear from our satisfied 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.
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.
Explore Great Credit Card Benefits
$0 Annual Fee
Delight in no annual fees. Hooray!
Free Credit Monitoring
Stay on track with Credit IQ—it’s free!
24/7 Card Control
Full control, anytime—with My Cards.
Free Authorized User
Add another user for free—how nice!
$0 Fraud LiabilityCertain restrictions apply. For details, see the Guide to Benefits.
No fraud worries—you’re protected!
Everyday Low Rate
Enjoy a low rate every day!
Tap to Pay (Contactless)
Tap, pay, and go—super easy!
Digital Wallet
Pay with just your phone—so simple!
Identity Theft ResolutionCertain restrictions apply. For details, see the Guide to Benefits.
We’ve got your back if fraud happens!
Digital Account Access
Manage your account anytime, anywhere.
Rates & Fees
Clear pricing with no hidden fees!
Interest Rate
as low as
9.75
%
APR
As of 12/02/2025, the variable APR ranges from 9.75% 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.
%
APR
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. There is a 3% transaction fee.1
How do I apply?
You can apply in just a few minutes online, or in person by visiting your nearest branch.
Looking for Something Different?
From cash back to secure, and even business cards, we’ve got you covered.
Cash Back
Earn 2% cash back on every $1 spent!You can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site
Business Rewards
Earn 2% cash back on business purchases!You can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site
