WASHINGTON—REALTORS FCU has introduced a credit card designed to meet the needs of members of the National Association of REALTORS.
Called the REALTOR credit card—one for business and another for personal use—the plastic was launched to give realtors greater access to credit and to offer cards with designs that reflect what realtors do.
“Through our partnership with the credit union, we’re able to offer an extremely attractive option for meeting the personal and business needs of our members,” Bob Goldberg, NAR senior vice president for marketing and business development, told RealEstateRama. “This program removes barriers our members may face from other banking institutions when seeking credit. We’re also pleased our members have access to a credit card that is branded with the Realtor trademark, something unavailable anywhere else.”
Realtors can choose from a variety of design choices, including customized real estate-themed designs. The card comes with options to include an imprinted tagline or title below the cardholder’s name, such as “Realtor,” “Broker,” “Commercial Real Estate” and “Homeownership Matters.”
The card comes with rewards, no annual fee, no balance transfer fees and no cash advance fees. Through May 31, the credit union is running a balance transfer special.
“Since 2008, REALTOR FCU has been providing banking services for NAR members, and we fully understand that real estate professionals come with a unique set of credit needs,” Chris McDonald, president and CEO of REALTORS FCU, told RealEstateRama. “We are excited to offer this new service to help realtors better manage their business and enhance their purchasing power.”
REALTORS FCU is a division of the $2.7-billion Northwest FCU in Herndon, Va.