It looks like you're using an outdated browser.
For a better experience, we recommend switching to a more modern browser like Google Chrome or Microsoft Edge. Learn more.
Online Banking Login

Reward Yourself

0% APR on purchases, balance transfers, cash advances, and so much more with a Visa Signature and Platinum credit card. Promotion valid from August 1 through October 1, 2022.

Learn More

News & Tips

Comparing the Differences: Visa Platinum vs. Visa Signature

July 21, 2022 by Space Coast Credit Union



When you’re looking to apply for a credit card, you’ve probably quickly discovered that Visa® offers a wide spectrum of options. You can’t go wrong with choosing Visa Platinum® or Visa Signature® at Space Coast Credit Union (SCCU), as each credit card brings its own type of purchasing power and benefits to the table. Though with everything from rates to perks, you may find yourself on the fence as you’re making your decision between the two cards. With this article’s credit card comparison between SCCU’s Visa Platinum and Visa Signature, you’ll have a much better idea of which card is better for you. 
 

Main Difference Between Visa Signature and Visa Platinum

The main difference between Visa Signature and Visa Platinum is the rewards programs and minimum credit limits. However, if you’re looking for a card with cash back33, Visa Platinum is your best bet. If you prefer more travel benefits, then you’ll love Visa Signature43. Learn more about cash back vs. points rewards here. Also, each has a different “as low as” rate and rates range, which changes periodically, and you’ll find our current rates and ranges here
 

Main Similarities Between Visa Signature and Visa Platinum

Both Visa Signature and Visa Platinum credit cards offer several similarities with the intent of helping you save money:
 
  • Both offer 0% APR introductory rates on purchases and non-SCCU balance transfers for the first six months13,45. (By transferring other credit card balances to your SCCU credit card, you can pay them off without worrying about accruing more interest.)
  • Both cards offer low variable rates after the introductory rate (depending on creditworthiness at the time of application).
  • Even better, both have no annual fees, no cash advance fees, and no balance transfer fees. 
  • Both cards also have your back with roadside dispatch benefits. 
  • You can make purchases with them however you like—with just a swipe, the chip, a tap (contactless), or through digital wallet (learn more about its benefits here). 
 

Security Protections for All SCCU Visa Credit Cards

With any SCCU credit card you choose, you can count on additional protections with their security features, such as Visa Zero Liability Protection14, which means you won’t be responsible for unauthorized transactions on your account. Plus, each credit card has ID Navigator Powered by NortonLifeLock46, which will notify you of potential threats to your identity. 

With 2Way Text Fraud Alerts, you’ll receive a text message notifying you of any suspicious credit card activity. Plus, with the Card Control companion app (downloadable through the SCCU Mobile app), you’ll be able to see card transactions, turn cards ”on” or “off,” and much more! If your card is ever lost or stolen, you can report it to us even after hours, and we’ll help you replace your card in a timely manner. Learn more about how to arm yourself against fraud on our Fraud Prevention Center page here.  
 

What is a Visa Signature card?

With a Visa Signature card, you’ll be able to earn points on qualifying purchases and redeem them for cash back, exclusive experiences, and merchandise. 
 

Visa Signature Benefits

Let’s place Visa Signature under the spotlight and highlight its best features and benefits:
 
  • Rewards program: With Visa Signature’s points program at SCCU, you’ll earn on every type of qualifying purchase! Plus, you could potentially get a greater return on your investment on your redemptions than you would with cash back. 
    • For every dollar you spend with a Visa Signature43, you’ll earn:
      • 3 points on grocery purchases
      • 2 points on restaurant purchases
      • 1 point for every other type of purchase
    • Then, you can redeem those points for cash back, vacation getaways and cruises, gift cards, theme park tickets, live concerts/sports, entertainment, and more. 
    • So, let’s say you spend $400 a month on groceries and $250 a month on restaurants, you’ll earn 20,400 points for the year, so you’re earning just from eating! Plus, if you spend $400 on other purchases a month, that’s another 4,800 points for the year. With that total amount of points, you’ll have enough to buy two tickets to Busch Gardens®, for example! See all the rewards you could redeem with Visa Signature points here.
  • Travel benefits: Whether you’re a jet-setter for business or pleasure, traveling offers a chance to make new memories…but sometimes comes with unexpected problems. Visa Signature’s got your back when you’re on the go with its travel and emergency assistance services47! Plus, you’ll get complimentary concierge services to help you plan for that dream vacation and more. See helpful tips about traveling with your credit card here. 
  • More deals: Visa Signature cardholders also enjoy access to oodles of offers and deals for anything from travel and dining to entertainment and shopping (terms and conditions may apply)
  • Credit limit: Visa Signature is ideal for those with well-established credit because this type of credit card offers a minimum starting credit limit of $5,000, which is higher than most cards.
 

What is a Visa Platinum card?

Visa Platinum is popular thanks to its 1% cash back rewards for qualifying purchases, with a minimum credit limit of $1,000. 
 

Visa Platinum Benefits

Let’s give Visa Platinum a play-by-play of its top features and benefits:
 
  • Cashback rewards: You’ll earn 1% cash back33 on every qualifying purchase with eligible online and in-store retailers, and redemption will be credited to your SCCU Savings or Checking account. Many Visa Platinum cardholders love that cash back offers a lot of convenience with earning and flexibility to redeem it for cash value. Better yet, as long as your account remains open and in good standing, your cash back will have no expiration date.
  • Lower rates: Visa Platinum offers an “as low as rate” that is 1% lower than Visa Signature (based on creditworthiness). This means that if you happen to carry a balance, you’ll potentially accrue less interest and save more money.  
 

Which is better: Visa Platinum or Visa Signature?

Ultimately, the winner of the credit card comparison between a Visa Platinum and Visa Signature depends on your overall goals and interests:

Team Visa Signature: Best for those who are looking for a higher credit line and who like to travel and redeem points for cash back, exclusive products, and experiences. So, if you’re interested in potentially saving more money on deals and offers, this card has your name on it. 

Team Visa Platinum: Best for those who prefer cash back over other types of rewards programs. Plus, if you tend to carry a balance, you could save more money with a lower rate. 

You could have both types of credit cards as long as you meet each card’s standard guidelines and creditworthiness, as well as the overall amount of credit you have with SCCU. 

 

What credit score do I need to have to get a Visa Platinum or Visa Signature card? 

You can check out your credit reports on AnnualCreditReport.com, which is free to see once a year. If you see any errors, be sure to report them to the bureau(s). Keep in mind that you have multiple credit scores, but FICO® is one of the most common scoring systems. You can see your FICO credit score in your SCCU Online and Mobile Banking accounts for free. Here’s a breakdown of the FICO scoring system:
 
  • Exceptional: 800-850
  • Very Good: 740-799
  • Good: 670-739
  • Fair: 580-669
  • Poor: 300-579
To get the lowest rate for either a Visa Platinum or a Visa Signature, a credit score of at least 760 or higher is ideal (subject to change). Applicants will need a minimum credit score of 660 to get the stamp of approval (subject to change). If you’d like to request a credit limit increase, feel free to reach out to one of our Team Members

The better your credit score, the more likely you’ll also get a lower rate on your credit card as well as other loans, lower insurance policy premiums, and lower deposit requirements for renting an apartment. If you’d like to learn more about how you can build or improve your credit score, check out this article for ideas
 

Why apply for a Visa Credit Card at SCCU?

Our priority is providing the best possible service for our members. As a credit union, we’re a not-for-profit financial institution that exists to serve our members, not stockholders. Every member owns an equal share of the credit union, and as such, we’re a member-owned cooperative. Anyone who lives or works in these 34 counties can become a member with just a $5 Share Savings deposit.

Unlike banks, we don’t offset our services and low rates with hidden fees, so you won’t have to worry about them with any of our credit cards. We offer a variety of personal Visa credit cards and a Visa Platinum card for businesses. So it’s easy to find the one that best suits your needs! You can apply for any of them easily online. Plus, you have a plethora of card styles to choose from too. 

If you have any questions, you can reach out to us via the method that works best for you: chat live with us, give us a call, send us a WhatsApp text message, or schedule an appointment at any of our 65 branches, and a Team Member will be happy to help. 
 
Was this helpful?
Comparing the Differences: Visa Platinum vs. Visa Signature
July 21, 2022 by Space Coast Credit Union
With everything from rates to perks, you may find yourself on the fence as you're making your decision between Visa® Platinum or Visa Signature®. This article provides a comparison between the two to help you decide.
What is the Difference Between an IRA and a 401(k)?
June 29, 2022 by Space Coast Credit Union
Not sure if it's better to get an IRA or a 401(k)? Learn more about their differences here and how they can help you save for retirement.
How to Switch to a Free Checking Account in 5 Steps
June 22, 2022 by Space Coast Credit Union
From depositing checks to paying bills, your checking account should work FOR you and not against you with unnecessary extra monthly fees. See why it's worth switching to a Free Checking account at SCCU.
Unleash the Hidden Benefits of Digital Wallet
February 23, 2022 by Space Coast Credit Union
You’re walking along the beach and begin to feel thirsty. Your heart sinks once you realize your wallet is over a mile away. But then you realize that you have your phone with you, which means you can still access all of your cards through your digital wallet app! Learn more about all of its benefits here.
Which Credit Card Benefits: Cash Back or Points?
February 15, 2022 by Space Coast Credit Union
Credit cards offer several benefits from covering emergencies to earning rewards. But with so many card options available (and vying for your attention) with cash back or points, it can be overwhelming to choose a rewards program that’s best for you. In this article, we’ll discuss the pros and cons of each type to help you score rewards in no time! 
A Beginner’s Guide to Free Checking (What It Is & Why You Need It)
January 28, 2022 by Space Coast Credit Union
Checking accounts are like a Grand Central Station for your money—flowing in and out with deposits and withdrawals. Many banks and credit unions offer free checking accounts, but what exactly is a free checking account and why should you get one?
The Beginner's Guide to a Good Credit Score (& How to Get One)
January 7, 2022 by Space Coast Credit Union
When you want to borrow money—perhaps for a mortgage or a car loan—or to get approved for a credit card, lenders typically require a decent credit score. But, what is a good credit score, and how can you make sure you have one?
Visa® Platinum Benefits: A Guide to Receiving Credit Card Rewards
December 21, 2021 by Space Coast Credit Union
Today, strategically selecting whether or not to use a credit card and which one to use can be part of savvy financial management. We're taking a look at why the Visa® Platinum credit card at SCCU may be the one for you.
10 Creative Ways to Save Money in 2022
December 10, 2021 by Space Coast Credit Union
Saving money can be challenging. But after the holiday season, it’s often a top New Year’s resolution. From joining special savings accounts to making some daily item switches, we’ve rounded up 10 ways that could save you thousands of dollars a year! 
Holiday Shopping with Credit Cards Do’s and Don’ts
November 12, 2021 by Space Coast Credit Union
The holiday season often brings with it a cup of cheer and a shopping cart full of gifts for the ones you love. Credit cards make holiday shopping fast, easy, and convenient. And the best part? Earning points for rewards! However, they can also have some pitfalls. Here are our top do’s and don’ts to keep in mind while holiday shopping with credit cards. 
What are Secured Credit Cards?
September 28, 2021 by Space Coast Credit Union
Maybe you’ve run into the following paradox: How do I get a credit card with less-than-perfect credit (or no credit) if I need a credit card to build my credit? You’re in luck because secured credit cards break this cycle!
7 Savvy Skills Teens Gain from a Student Checking Account
September 21, 2021 by Carmen Tapanes
While teens can watch hundreds of videos on the Internet about finances, experience is often the best teacher when it comes to managing money. But it can feel overwhelming for them to know where to start learning the fiscal ropes. Opening a checking account gives them a learner’s permit to handling financial matters with the peace of mind of having an adult as the co-owner. 
How to Choose the Best Free Checking Account
September 14, 2021 by Space Coast Credit Union
When searching for the right checking account, most people would prefer one that’s “free” — and rightly so. But it can be hard to know what exactly “free” means today when we know that fees and terms are often the name of the game. The reality is that financial institutions will define "free" in different ways.
Choosing the Best Credit Card to Fit Your Needs (+ Where to Get It)
July 23, 2021 by Space Coast Credit Union
Credit cards can be an excellent tool for building credit when you’re financing purchases both big and small. Most credit cards today deliver some form of benefit with membership—accumulating points, cash back, airline miles, or other deals, consumers have a wealth of choices.
How to Prepare Kids for a Better Financial Future
April 28, 2021 by Space Coast Credit Union
April is National Credit Union Youth Month, encouraging kids to develop healthy saving habits. Here are some ideas to help you get started!
Credit Education Month
March 10, 2021 by Michael Higgins
To celebrate Credit Education Month, we have answered common questions about credit scores and why they are so important.
How to Budget Your Funds to Cover Your Needs
February 17, 2021 by Space Coast Credit Union
The term budgeting may give you the same mental reflex as when you hear the word taxes; but instead, we should look at budgeting as a tool on our path to financial peace of mind.
Financial Peace: Pay Your Dues & Your Debts + Restore Hope in 5 Simple Steps
February 3, 2021 by Space Coast Credit Union
Discover how to obtain financial peace in 5 simple steps. Learn how to pay off your debts the right way and educate yourself on how to live financially free.
The Definitive Guide to Achieving Financial Freedom
January 29, 2021 by Space Coast Credit Union
This guide offers steps that you can put into practice immediately as you work towards financial freedom.
Quick Steps to Being Financially Prepared
December 11, 2020 by Space Coast Credit Union
There are simple ways to be financially prepared, including building an emergency fund and being aware of financial options if you find yourself in a tight spot.
Top 3 Benefits of using your SCCU Credit Card during COVID-19
August 26, 2020 by Space Coast Credit Union
At SCCU, we know that finding the best credit card to shop safely and securely is important, and we’ve been busy behind the scenes revamping our card products to better serve YOU.
3 Steps Toward Financial Wellness
July 7, 2020 by Space Coast Credit Union
COVID-19 has impacted all of us. During times of uncertainty, you need a trusted partner and SCCU is here for you.
When Debt Consolidation Loans Make Sense
May 8, 2020 by Space Coast Credit Union
Discover the advantages of debt consolidation loans, and why using a HELOC to consolidate your debt makes sense.
Learn How to Enhance your Financial Wellness in 2020
December 24, 2019 by Space Coast Credit Union
As 2019 ends and we begin a New Year, it is time to get financially prepared! Have you thought about your financial goals for 2020?
Simplify Your Finances with an SCCU Free Checking Account
December 12, 2019 by Space Coast Credit Union
Not all free checking accounts are the same, with features and benefits varying from one financial institution to another.
Financial Fitness in 2018 and Beyond
April 12, 2018 by Space Coast Credit Union
SCCU is committed to offering you guidance and support all along your own personal journey to financial fitness.
The Advantages of Opening a Certificate of Deposit
March 8, 2018 by Space Coast Credit Union
CDs can play an important role in your savings strategy.
Break Up With Your Bank
February 16, 2018 by Space Coast Credit Union
What should people do if they realize they’re in a relationship with the wrong financial institution?
The History of the Checking Account
February 7, 2018 by Space Coast Credit Union
If you lived in Ancient Rome and needed a loan for your new chariot, you couldn’t just go to the nearest credit union. 
Why Choose a Credit Union Vs. a Bank?
July 27, 2017 by Space Coast Credit Union
Credit unions tend to be smaller than banks, meaning you get excellent customer service and a personal experience!
4 Perfect Times to Consider a Personal Loan
February 16, 2017 by Space Coast Credit Union
Virtually everything costs money, and it’s often more than you’d expect it to be.
Bring Back the Brown Bag: Saving on Lunch
January 6, 2017 by Space Coast Credit Union
Brown bagging can add $1,104 to your year. Interested? Here are three tips to help jumpstart your new lunch habit!
New Year’s Resolutions for a Richer 2017
December 29, 2016 by Space Coast Credit Union
The New Year is a great time of renewal. That makes it a good time to make bold, decisive changes in your life. 
Common Mistakes During Open Enrollment
November 3, 2016 by Space Coast Credit Union
Be sure to watch out for these three common pitfalls when enrolling in workplace benefits.
Don’t Sleep On Your Savings Account
October 27, 2016 by Carmen Tapanes
One of the best things you can do with a savings account is forget about it – just make sure it doesn't become dormant. 
10 Easy Ways to Save Money in College
January 15, 2015 by Space Coast Credit Union
College comes with many costs, but don’t let those costs bring down what should be some of your most exciting years.