| Interest Rates and Interest Charges |
| Penalty APR and When it Applies | None |
| Paying Interest - applicable to all of the above mentioned credit cards | 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 the entire balance by the due
date of each month. We will begin charging interest on cash advances and
balance transfers on the date of the transaction. |
| Minimum Interest Charge –
applicable to all of the above
mentioned credit cards | None |
| 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
http://www.consumerfinance.gov/learnmore |
| Fees - Applicable to all of the credit cards listed in this disclosure | |
| Annual Fee | None |
Transaction Fees
|
|
Balance Transfer Fee | None |
|
Cash Advance Fee
|
None
|
|
Foreign Transactions |
1.10% of each transaction in U.S. dollars.
|
Penalty Fees
|
|
Over the limit fee | None |
|
Late Payment fee | Up to $20.00 fee assessed if payment is not received 5 days after statement closing. |
| Return Payment fee | Up to $20.00 Non-sufficient funds or items returned for uncollected funds,
regardless of reason. |
Other Fees
|
|
Card Replacement Fee
| $5.00
|
*When you open your account, based on your creditworthiness. After that your APR will vary with the market based on the Prime Rate.
**This APR will vary based on the Prime Rate.
***Introductory Rate on Purchases, Balance Transfers and Cash Advances: If your minimum monthly payment is not received by the statement closing date, the APR for purchases, balance transfers, and cash advances, will revert back to the standard APR based on your creditworthiness. The standard APR will also apply to any balance and future transactions accumulated after the promotion period. If the account balance exceeds your approved limit or if the account is closed, your APR will increase to the standard rate. Cannot be combined with any other offer. Transfer may not include BayPort loan balance.
How we calculated your balance: We use a method called “average daily balance (including new purchases).” See your account agreement for more details.
Variable Rate Information: Your APR may vary on a MasterCard Platinum Preferred, MasterCard Platinum Rewards, and MasterCard Platinum Cash Back Credit Card. Rates are determined and adjusted annually by adding a margin to the Prime Rate published in the Wall Street Journal on the first business day of July. The margin will range from 4.74% to 15.24%.
Effective Date: The information about costs of the card described in this application is accurate as of February 1, 2015. This information may have changed after that date. To find out what may have changed, contact the credit union at 757-928-8850 or 1-800-928-8801.