APR for Balance Transfers. The variable rate equals the Prime Rate plus a margin from 9.74% to 21.74%, (this corresponds to a current DPR of 0.02668% - 0.05956%) (this corresponds to a current MPR of 1.81167% - 1.81167% for residents of Iowa at the time of account opening (if applicable)).
APR for Balance Transfers. Introductory Balance Transfer 0% for the for the first 15 months after the balance is transferred then 12.99%¹ 16.99% APR for Cash Advances 18.99% 21.00% Paying Interest Your due date will be a minimum of 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 balance transfers and cash advances on the transaction date. Your due date will be a minimum of 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 balance transfers and cash advances on the transaction date. Annual Fee None None Transaction Fees Balance Transfers Foreign Transactions 3% of the transfer amount The lesser of 2% of the purchase or cash advance amount (in U.S. Dollars) or $10.00 None The lesser of 2% of the purchase or cash advance amount (in U.S. Dollars) or $10.00 Penalty Fees Late Payment Return Fee $18.50 $20.00 $18.50 $20.00 Grace Period 25 days (to avoid periodic finance charges on purchases, the total payoff amount must be received by the payment due date) 25 days (to avoid periodic finance charges on purchases, the total payoff amount must be received by the payment due date) Credit Lines Up To $20,000 $10,000 Minimum Finance Charge None None Cash Advance Fee 2% of the amount of the cash advance; $10.00 maximum 2% of the amount of the cash advance; $10.00 maximum 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 xxx.xxxxxxxxxxxxxxx.xxx/xxxxxxxxx ¹Loss of Intro APR: We may end your Introductory Balance Transfer APR if you make a late payment; then the Balance Transfer APR will be 12.99%
APR for Balance Transfers. The APR for Balance Transfers is the same as the APR for purchases as describes on this table. APR for Cash Advances The APR for Cash Advances is the same as the APR for purchases as describes on this table. Penalty APR and When it Applies These cards do not carry a penalty rate. How to Avoid Paying Interest on Purchases Your due date is 25 days after the close of each billing cycle. We will not charge interest on purchases if you pay your entire balance by the due date each month. 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.xxxxxxxxxxxxxx.xxx/learnmore. Annual Fee $0 Transaction Fees · Balance Transfer $0 · Cash Advance $0 · Foreign Transaction Either 1% for currency conversion or 0.8% for non-currency conversion. Penalty Fees · Late Payment $25 (after the second day) · Over-the-Credit Limit $25 · Returned Payment $20 How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).” Loss of Introductory APR: You may lose your Introductory APR related to the Visa Future Focus program after each two year cycle if you no longer qualify under the program. In such cases, and in any event after six years, your APR will change to the existing rate under the Visa Diamond Plus Cash program. You may also lose your introductory rate if you default under any of the terms of your agreement with us. Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided below. The information about the cost of the card described on this application was printed on June 15, 2017 and was accurate as of that date, but is subject to change after that date. You should call the credit union at 000-000-0000 or write to: Central One Federal Credit Union, 000 Xxxx Xxxxxx, Xxxxxxxxxx, XX 00000 for any changes in the information about the cost of the card since the time of printing.
