VISA SELECT CREDIT CARD (VARIABLE RATE):
Interest Rates & Interest Charges
| Annual Percentage Rates (APR) for purchases | 16.25% This APR will vary with the market based on the Prime Rate and is adjusted monthly. It is determined by adding 8% to the highest U.S. prime rate published in The Wall Street Journal “Money Rates” table on the 15th business day of the month. The rate is effective on the first day of the billing cycle. |
| APR for Balance Transfers | 16.25% This APR will vary with the market based on the Prime Rate. Balance Transfers will post as a cash advance. |
| APR for Cash Advances | 16.25% This APR will vary with the market based on the Prime Rate. |
| How to Avoid Paying Interest on Purchases | You have at least 25 days after the close of each statement period to pay your balance in full without being charged interest. There is no grace period for cash advances |
| Minimum Interest Charge | $0.50. |
| Website for Additional Information | To learn more about factors to consider when applying for or using a credit card visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard. |
Fees
| Maintenance and Set-up Fees | Notice: Some of these set-up and maintenance fees may be assessed before you begin using your card and will reduce the amount of credit you initially have available. |
| Annual Fee: | None |
| Additional Card Fee: | None |
Transaction Fees
| Balance Transfer Fee: | None |
| Cash Advance Fee: | 2% of the amount of each cash advance (maximum $10.00). |
| Foreign Transaction Fee: | Up to 1% of each transaction in U.S. dollars. |
Penalty Fees
| Late Payment Fee: | Up to $25 assessed three (3) days after due date. |
| Returned Payment Fee: | Up to $20 |
Other Fees
| Draft Copy Fee: | $5 |
| Replacement Card Fee: | $5 |
| Skip-a-Pay Fee: | $20 (cardholder initiated 1 per year) |
| Statement Copy Fee: | $2 |
| CU Card Center Phone Payment Fee: | $3 |
The minimum monthly payment is 2% of your total new balance but not less than $25 plus the amount of any unpaid prior payments due. Payments greater than $10,000 may not be part of your available credit for three (3) business days. Your payment is due the 13th of every month. Member Choice Rewards Terms & Conditions: Triple point categories earn 3 points per dollar spent on the first $1,500 spent and then 1 point thereafter. There is no limit to the amount of points you can earn on the 2 point category. Earn 1 point per dollar spent on purchases and cash advances; returns will be deducted from the bonus point calculation. There is no limit to the amount of points you can earn. If your account is closed, voluntarily or involuntarily, past due or over limit, you will forfeit all rewards. Accounts without purchase or cash advance activity for twelve (12) months will forfeit all points. Your points will expire after three (3) years, with the oldest points expiring monthly.
How We Will Calculate Your Balance: We use a method called “average daily balance (including current transactions).” See your account agreement under Finance Charge for more details.Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.Information contained in this Credit Disclosure is accurate as of 8/01/2018 and is subject to change thereafter. To obtain more recent information, please call us at (765) 771-8000 or toll free out of state at (888) 564-4328. |
