Credit cards play an essential role in many Americans’ wallets, providing a useful tool for financing purchases and earning rewards such as cash back and airline miles. Today, consumers have a lot of choice when selecting a credit card, including offerings from a variety of credit unions. While these cards may not offer as many bells and whistles as some of the best options from traditional card issuers, they still provide valuable credit card benefits.

What is a credit card union account?

One important advantage of these cards is their lower interest rates. They’re often significantly lower than what you’ll find on cards from major best credit union credit cards. This can be especially beneficial if you’re carrying a balance from month to month and don’t pay off your entire statement balance each month.

Aside from their lower interest rates, credit union cards often feature fewer fees. They also tend to have more flexible credit requirements, making them easier to qualify for than those from traditional banks. They also offer some unique perks, such as the ability to earn more points in select categories. For example, the Navy Federal More Rewards American Express Card earns an unlimited 3X points on groceries, restaurants, food deliveries and gas – which are some of the most common spending categories for Americans.

Credit cards from credit unions can be a good choice for many consumers, but they’re not right for everyone. If you prefer to use a card for frequent, large purchases, a traditional credit card might be a better fit. And if you’re looking for a credit card with specific rewards or a high welcome bonus, it’s probably best to stick with the top cards from major banks.