Posted by William Charles on February 21, 2018
Credit Card Offers

Published on February 21st, 2018 | by William Charles

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[MD Only] State Employees Credit Union (SECU) Of Maryland – Visa Signature Review – 25k Sign Up Bonus

State Employees Credit Union (SECU) Of Maryland offers a Visa Signature card. In this quick review we will be looking at this card.

  • Card earns at the following rates:
    • 3x points on dining, travel, Amazon and iTunes purchases
    • 2x points on gas and groceries
    • 1x points on all other purchases
  • Sign up bonus of 25,000 rewards points or $250 cash back after $2,000 in spend within the first 90 days after account opening
  • No annual fee
  • No cash advance fees
  • No foreign transaction fees
  • No balance transfer fees

Our Verdict

Sign up bonus of $250 isn’t bad as far as cash sign up bonuses are concerned. The 3x categories are ok, but it is possible to earn at higher rates on dining, travel and Amazon purchases with other cards. Still given that this card has no annual fee those categories could still be useful for people who don’t have cards that earn 3%+ in those categories. Anything that earns at 2x on lower can always just be put on a card that earns at a high rate on all purchases. Overall this card is worth considering if you highly value cash sign up bonuses and have already made use of the better offers available.

Hat tip to reader Sparky



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Looks everyone can apply, is it really MD only?

Please DO NOT do anything with this Credit Union.
They will make HSBC feel like a piece of cake!
They are highly incompetent and takes months to answer SM with an answer like ” we are sorry for the delay in responding and hope that your issue was resolved”.
They have been holding my money for over 17 years (a secured credit card which they no longer issue) and refuses to send it to me unless I visit them in person. Needless to say I am in a different state now and it doesn’t make any sense to visit them.
You have been warned !

CONGRATULATIONS! Your loan application has been pre-approved.
In order to finalize your new SECU loan, we need to review your application with you.
We will contact you shortly to complete your loan.

I have very fond memories of this bank as they offerred the best deal ever some years ago. A 4% one year CD PLUS a 2% upfront bonus on the deposit amount. I used $200k from credit card BTs (no fee) and made $4k in one day. There was a line out the door at the local branch. The good old days.

Do I have to join the credit union to get the card?

Yes, any credit union is going to require you to become a member to have any products with them.

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