CHERRY HILL, N.J.- Even as much of the rest of the broader credit card industry seeks to rake in additional funds with progressively higher fees, the $33 billion Commerce Bank has begun issuing no fee Visa cards. That means no annual fee, no over-limit fees, and no late fee as well as no fees for cash advances or balance transfers. The new credit card also enables customers to earn triple “Visa Extras Rewards Points” for every purchase made. The rewards points can be redeemed for a variety of gift certificates, products and services at major retailers, restaurants, movie theaters, travel agencies and more. The no-fee Visa credit card also carries a low introductory annual percentage rate of 2.99% for six months. After the introductory period, the rate reverts to prime plus 3.99%.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.