Access to your accounts anywhere, anytime
Choose the card that helps you build your credit and earn points without charging an annual fee.
As low as 13.40% APR1
Up to $5,000
$0
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:
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
Rates as low as 13.40% APR1
Set up alerts and view your account activity in Patelco Online™
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
Redeem points for cash back to your Patelco Checking or Savings account or apply it to your balance, gift cards, travel and more
Additional protection should someone make unauthorized purchases with your card
No-cost personal information protection with your Mastercard debit or credit card Learn more >
Rates Effective 09/26/2023
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.
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.
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.
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.
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.
Your points do not expire and can be redeemed as long as your account is open.
The Patelco Progress Student Rewards Mastercard Credit Card gives you a convenient and secure way to pay.
• Check your balance and see transactions • Make a payment and transfer funds • Set account alerts
1 APR=Annual Percentage Rate. Variable APR as of 09/26/2023. Rate adjusts monthly and equals prime rate for previous month plus a margin range based on credit worthiness. Applies to Purchases and Balance Transfers.
