INTEREST RATES AND INTEREST CHARGES. I understand that a portion of my FINANCE CHARGES incurred during a billing cycle will include my INTEREST CHARGES incurred during that billing cycle. The INTEREST CHARGE for a billing cycle will be calculated by applying my Monthly Periodic Rate to my Average Daily Balance. I understand and agree that under the “Change of Terms” section above, you have the right in your sole and absolute discretion to change the amount of any ANNUAL PERCENTAGE RATE, Monthly Periodic Rate and/or INTEREST CHARGE that may apply to my Account. Monthly Periodic INTEREST CHARGE, Monthly Periodic Rate, and ANNUAL PERCENTAGE RATE for Cash Advances, Balance transfers and Purchases: The initial Monthly Periodic Rate used in calculating the Monthly Periodic INTEREST CHARGE is a discounted Monthly Periodic Rate with an initial discounted ANNUAL PERCENTAGE RATE as disclosed on the enclosed “Addendum to Platinum Rewards VISA Credit Card Agreement & Federal Truth-in-Lending Disclosure Statement” (“Addendum”) which accompanies this Agreement and is incorporated herein by this reference as though set forth in full. The initial discounted Monthly Periodic Rate will remain in effect during my first six (6) monthly billing cycles, unless I fail to make a payment when due or I make a payment that is returned (for further information, please refer to the PENALTY ANNUAL PERCENTAGE RATE section below). Thereafter, the Monthly Periodic Rate used in calculating the Monthly Periodic INTEREST CHARGE for Balance Transfers, Cash Advances and Purchases is based upon the Prime Rate rounded to the nearest 1/100 of 1% as published in the “Money Rates” section of the print edition of the Wall Street Journal as of March 1, June 1, September 1 and December 1 of each year (the “Index”). Following the discounted period, my ANNUAL PERCENTAGE RATE for Cash Advances, Purchases and Balance Transfers, is determined by adding a Margin to the Index in effect as of the first (1st) day of the month preceding the month of my “Adjustment Date” (defined below). The Index, Margin and Initial Monthly Periodic Rate in effect as of the date of this Agreement that would have been used in calculating the monthly Periodic INTEREST CHARGE (applying the formula below) and the corresponding initial ANNUAL PERCENTAGE RATE is also set forth in the enclosed Addendum. Following the discounted period described above, my ANNUAL PERCENTAGE RATE may increase or decrease every quarter. Any such change will be based on an increase or decreas...
INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate for Purchases This APR will vary with the market based on the highest publishedin“MoneyRates” section of the Wall Street Journal. 0% Introductory APR for the first 12 Statement Closing Dates following the openingofyourAccount. After that, your APR will be variable between 16.24% to 18.00% based on your creditworthiness when you open your Account. APR for Balance Transfers This APR will vary with the market based on the highest Prime Rate publishedin“MoneyRates” section of the Wall Street Journal. 0% Introductory APR for the first 12 Statement Closing Dates following the openingofyourAccount. After that, your APR will be variable between16.24%to18.00% based on your creditworthiness when you open your Account. APR for Cash Advances This APR will vary with the market based on the highest Prime Rate publishedin“MoneyRates” section of the Wall Street Journal. 18% APR for Cash Advances
INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) for Purchases This APR will vary with the market based on the Prime Rate. APR for Balance Transfers This APR will vary with the market based on the Prime Rate. APR for Cash Advances This APR will vary with the market based on the Prime Rate. Penalty APR and When it Applies 17.99% This APR may be applied to your account if you: 1) Make a late payment; or 2) Make a payment that is returned. How Long Will the Penalty APR Apply?: If your APRs are increased for any of these reasons, the Penalty APR will apply until you make six (6) consecutive minimum payments when due. Paying Interest Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at xxxx://xxx.xxxxxxxxxxxxxxx.xxx/learnmore FEES Annual Fee None Transaction Fees • Balance Transfer • Cash Advance • Foreign transaction Either $10 or 3% of the amount of each balance transfer, whichever is greater. Either $10 or 3% of the amount of each cash advance, whichever is greater. 1.0% of each foreign transaction in a currency other than U.S. dollars. 0.8% of each foreign transaction in U.S. dollars. Penalty Fees • Late Payment • Returned Payment Up to $37 Up to $37 How We Will Calculate Your Balance: We will use a method called “average daily balance (including new purchases).” Loss of Introductory APR for Balance Transfers: We may end your introductory APR for Balance Transfers and apply the penalty APR if you make a late payment. Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided at the end of this Agreement. Details About Your Interest Rates and Interest Calculations Index Margin Periodic Rate Corresponding Annual Percentage Rate (APR) Purchases % % % (D) % Balance Transfers % % % (D) % Cash Advances % % % (D) % Penalty APR n/a n/a 0.0492876% 17.99%
INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) for Purchases 11.90% APR for Balance Transfers 11.90% APR for Cash Advances 11.90% Paying Interest Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. For Credit Card tips from the Consumer Financial To learn more about factors to consider when applying for or Protection Bureau using a credit card, visit the website of the Consumer Financial Protection Bureau at http:xxx.xxxxxxxxxxxxxxx.xxx/xxxxxxxxx. FEES Transaction Fees – Foreign Transaction Fee 1.00% for each multiple currency transaction in US dollars 0.80% of each single currency transaction in US dollars Penalty Fees • Late Payment Fee Up to $20.00 • Returned Payment Fee Up to $20.00 How we will calculate your balance. We use a method called “average daily balance (including new purchases).” See your account Agreement for more details. Billing Rights. Information on your rights to dispute transactions and how to exercise those rights is provided in your account Agreement.
INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) For Purchases 16% fixed for the life of the account on all purchases. How To Avoid Paying Interest On Purchases You will not be charged interest if you pay your balance by 5:00 p.m. on the due date listed on your billing statement. The due date will be at least 21 days after the date of mailing. Minimum Interest Charge If you are charged interest, the charge will be no less than $0.70. For Credit Card Tips from the Federal Reserve Board To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at xxxx://xxx.xxxxxxxxxxxxxx.xxx/creditcard. FEES Annual Fee None. Transaction Fees • Balance Transfer • Cash Advance None: Balance Transfers Not Available. None: Cash Advances Not Available. Penalty Fees • Late Payment • Over-the-Credit Limit • Returned Payment None. None. $20.00 How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).” See the BALANCE COMPUTATION METHOD section of the TERMS AND CONDITIONS below for more details. Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in the IMPORTANT DISCLOSURE FOR ALL CREDIT CARD CUSTOMERS below.
INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) for Purchases 0% Introductory APR on all purchases for six months.* After that, the Standard APR will range from
INTEREST RATES AND INTEREST CHARGES. Annual Percentage Rate (APR) for Purchases 0% Introductory APR on all purchases for six months. * After that, the Standard APR will range from 7.99% to 17.99%, based on your creditworthiness APR for Balance Transfers APR for Cash Advances How to Avoid Paying Interest on Purchases For Credit Card Tips From the Consumer Financial Protection Bureau 0% introductory APR for twelve months.** After that, the Standard APR will range from 7.99% to 17.99%, based on your creditworthiness 0% introductory APR for six months After that, the Standard APR will range from 7.99% to 17.99%, based on your creditworthiness Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection at xxxx://xxx.xxxxxxxxxxxxxxx.xxx/learnmore FEES Annual Fee None Penalty Fees Late Payment Returned Payment Up to $25 Up to $25 How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).” *Introductory rate good until the first day of the billing cycle that includes the six month anniversary date of the opening of your account **Offer only applies to balance transfer requests received by us within 30 business days of account opening. Federally insured by NCUA.
