Student Credit Card | No Annual Fee & Earn Points

Earn points on everyday purchases and even more on school expenses

Getting your first credit card can be a big step in your financial journey. We’re here to help you make a smart choice. With the Patelco Progress Student Rewards Mastercard, you get an everyday low rate with no annual fee. You can earn unlimited points:

2X points for every $1 in school and grocery purchases
1 point per $1 for all other purchases

Redeem Rewards Points for cash back, gift cards, travel and more. Get started today and apply now.

Guide to Benefits

Terms & Conditions

Progress Rewards Points Terms & Conditions

Benefits

Competitive Low Rate

Rates as low as 13.40% APR¹

Security

Set up alerts and view your account activity in Patelco Online™

Convenience

Load it into your phone’s digital wallet, set it as your preferred online payment option or insert it when you’re out shopping – you have the flexibility to use your card the way you choose

Points That Don’t Expire

Redeem points for cash back to your Patelco Checking or Savings account or apply it to your balance, gift cards, travel and more

Zero Liability Protection

Additional protection should someone make unauthorized purchases with your card

Mastercard^® ID Theft Protection

No-cost personal information protection with your Mastercard debit or credit card Learn more >

Credit Card Rates

Rates Effective 09/26/2023

ID	Title	Card Type	Amount	APR Range¹	Display Rate	Display Order	Effective Date	Loan Amount
18308	Credit Cards-Pure-Secured Mastercard	Pure Secured Mastercard^®	$300 - $10,000	11.45%	11.75	3	09/26/2023
18300	Credit Cards-Progress Student Rewards Mastercard	Progress Student Rewards Mastercard^®	$300 - $5,000	13.40% to 21.90%	13.40	1	09/26/2023	$5,000
18284	Credit Cards-Points Rewards World Mastercard	Points Rewards World Mastercard^®	$300 - $50,000	13.40% to 21.90%	13.4	4	09/26/2023
17972	Credit Cards-Pure Mastercard	Pure Mastercard^®	$300 - $50,000	11.75% to 18.95%	11.20	2	09/26/2023	$50,000

Frequently Asked Questions

Is there a difference between credit card interest rate and APR?

On credit cards, the interest rate and APR are the same thing.
Some financial products have a different interest rate and APR (annual percentage rate). That’s because the interest rate is the rate to borrow the money itself; it’s based on market rates and your individual credit score. The APR, on the other hand, includes other fees and costs that are also part of the loan; it’s decided by the lender. You can think of the interest rate as a way of determining your monthly costs, and the APR as a way to determine the entire cost of the loan. Federal law requires that lenders like us tell you the APR in every consumer loan agreement.

Should I use a credit card or debit card?

A primary advantage of credit cards is that they allow you to make larger purchases that you may not have the cash for right now – such as an appliance or an unexpected car repair.
Another advantage of credit cards is that they are an easy way to build your credit history and (when used properly) increase your credit score. Having an established credit history and a good credit score can help you get a better loan later for buying a car or a house.

How are the interest charges calculated on my credit card?

We calculate your monthly charges based on your balance and your annual percentage rate (APR). If you pay your card off in full each month, you won’t be charged interest.
If you don’t pay your card off in full each month, you will be charged interest. Even though your APR is a percentage expressed in terms of a year, it is also used to calculate charges for a single month.
When you carry a balance and don’t pay off your card in full, you’ll be charged interest based on the annual rate but calculated in terms of how long you’ve carried that balance.

How do I know which credit card is best for me?

The Progress Mastercard is designed for students and is a great starter credit card. If you’d like help deciding, meet with someone in our Virtual Branch. They are available for immediate service and appointments during business hours.

What can I do with my points?

You have the flexibility to redeem your points for what you want and when you want. Points can be redeemed for cash back to your Patelco Checking or Savings account or apply it to your balance, gift cards, travel and more.

Do points expire?

Your points do not expire and can be redeemed as long as your account is open.

Progress Student Rewards Mastercard^® Credit Card

Interest Rate

Amount

Annual Fee

Earn points on everyday purchases and even more on school expenses