SkyPoint FCU Offers New Lending Products Ahead of 2021 Holidays

SkyPoint’s ONE Visa is an affordable option for everyone, with 0% annual fee and three ways to earn cash back

GERMANTOWN, Md.--()--SkyPoint Federal Credit Union (SkyPoint), a premier, member-owned financial institution, announces the launch of a full suite of credit card products to respond to the evolving needs of the communities it serves. Included is the ONE Visa, a cash back rewards card.

ONE Visa allows members three ways to earn cash back. Earn 3% on gas purchases, 2% on grocery purchases, and 1.5% on everyday purchases. The ONE Visa delivers several additional benefits, such as a cash bonus of $200 for $1,000 spent in the first 90 days since account opening, and 0% APR on purchases and balance transfers for 18 months, which is ideal for holiday shopping and expenses.

SkyPoint recognizes the increase in financial stress brought on by the pandemic. Their products address the needs of those looking to build or rebuild their credit to individuals wanting rewards for all purchases and everything in between. SkyPoint places a high value on financial literacy, particularly in lower-income communities. They offer a variety of educational support to assist with life-changing events and resources to help members navigate through life, making them an affordable, value-driven borrowing option.

SkyPoint’s offering comes amid an era of widespread customer dissatisfaction with their credit options, particularly those from non-membership-based institutions. J.D. Power found in its 2021 U.S. Credit Card Satisfaction Study that credit card issuers have struggled to meet evolving customer expectations, resulting in a decline in overall satisfaction.

“We are proud to expand our solution offerings to deliver products that are designed to provide a different experience from other credit card products,” said Jim Norris, CEO of SkyPoint.

About SkyPoint Federal Credit Union (SkyPoint)

SkyPoint is one of the premier financial institutions serving Montgomery County, MD; Frederick County, MD; Arlington County, VA; Alexandria and Falls Church, VA; and the District of Columbia. SkyPoint is a Community Development Financial Institution and a designated Juntos Avanzamos credit union. They strive to offer our members a wide array of financial services, supported by the best technology, and while offering great value through our member-owned structure. To learn more, visit


Liz Gaither
RMR & Associates
(202) 309-0054
(301) 230-0045 x 500