|
LFCU VISA CREDIT CARD DISCLOSURE |
|
Annual Percentage Rate (APRs)
for Purchases |
| |
Visa Platinum
Regular or Share Secured |
| |
Visa Platinum Rewards | |
| |
8.24% to 17.99% APR
|
| 9.24% to 17.99% APR |
Annual Percentage Rates are variable and based
on your creditworthiness. | |
| Other APRs |
APR for Cash Advances, Overdraft Protection, Visa Convenience Checks and Balance Transfers is the same as for purchases. |
| Default/Late Payer APR |
If your minimum required payment is more than 60 days late at any time, we may increase the Annual Percentage Rate, after such notice to you as is required by law, to a rate (Late Payer Rate) equal to the Index Value plus 14.74%, currently capped at 17.99%. If you make six (6) consecutive periodic payments on time after the date we applied the Late Payer Rate, we will reinstate your regular rate. |
| Variable Rate Information |
APRs may vary monthly. Your rate is the U.S. Prime Rate (Index*) plus a margin of 4.99% to 14.74% for Visa Platinum, 5.99% to 14.74% for Visa Platinum Rewards, and 14.74% for the Default Rate. The Margin is a specific number of percentage points which is added to the Index Value to calculate the APR. The Margin is determined by your credit worthiness. The APR is based on the Index Value plus the Margin. |
| How to Avoid Paying Interest on Purchases |
We will not charge you interest on purchases if you pay your entire balance by the due date each month. Your due date is at least 25 days after the close of each billing cycle. |
Balance
Computation Method |
Average Daily Balance, including new purchases. |
| Annual Fee |
None |
| Minimum Finance Charge |
None |
| 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 http://www.federalreserve.gov/creditcard. |
| Fees |
Transaction Fees
Foreign Transaction (International Service Fee)
Overdraft Protection Transfer Fee |
Up to 1% of each transaction
$4.00 |
Penalty Fees
Late Payment
Over Credit Limit
Returned Payment
NSF Visa Convenience Check |
$15.00 balances under $100.00
$20.00 balances $100.00 to $500.00
$30.00 balances over $500.00
$25.00 (must opt-in)
$29.00
$29.00 when over the credit limit or written on delinquent account |
Other Fees
Stop Payment on Visa Check |
$20.00 |
