Coastal Federal Credit Union has announced their new Big Ticket Card. The new Visa credit card boasts six months interest-free financing on all individual purchases or balance transfers of $600 or more.
An exclusive feature of the Big Ticket Card is that it holds no limit to the number of times a user can take advantage of the six months interest-free financing, making it one of the most competitive credit cards on the market. In addition, it does not accumulate any interest during the six month interest-free period. Unlike the majority of store credit cards, the Big Ticket Card assesses interest charges only on the remaining unpaid balance after the six month period ends.
“The Big Ticket Card is a great option for members who need to make a big purchase,” said Willard Ross, Coastal’s SVP/Chief Retail Officer. “Members now have the ability to purchase a new flat screen TV or a new washing machine at any retailer that accepts Visa, with the option to pay it all off over the six month interest-free period. This unique feature opens up the opportunity for our membership to shop with peace of mind by shopping for the best price without being tied to in-store financing.”