BECU CONSUMER LENDING RATES & RELATED DISCLOSURES -CREDIT CARDS
B oeing Employees' Credit Union (BECU) is one of the nation's leading not-for-profit credit unions. We are committed to offering better rates, fewer fees and more affordable financial services. Learn more at becu.org .
BECU Cash Back Visa ®
INTEREST RATES AND INTEREST CHARGES
Annual Percentage Rate (APR) for Purchases · Your APR will be 17.24% to 26.24% , based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
APR for Balance Transfers · Your APR will be 17.24% to 26.24%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
APR for Cash Advances · 17.24% to 26.24%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
How to Avoid Paying Interest on Purchases · Your due date is at least 23 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.
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 www.consumerfinance.gov/learnmore
FEES
Annual Fee · None
Transaction Fees Balance Transfer Cash Advance Foreign Transaction · None None 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).” See your Agreement for more details.
How We Will Calculate Your Rate · We will establish a margin of 9.74% to 18.74% based on your creditworthiness, and add this margin to the Prime Rate to determine your APR. Your APR and margin will be stated in a Credit Voucher provided to you if you open a credit card account under your Credit and Security Agreement.
Other Important Credit Card Terms and Conditions · All terms, including fees and the APRs for new transactions, may change after account opening in accordance with the Credit and Security Agreement and applicable law.
SPECIAL NOTICE · If you pay your credit card balance in full each month, you do not pay interest on your purchases. This is called a grace period. You will pay interest on any purchases (including recurring automatic payments) unless you pay your entire balance (including both transferred balances and purchase balances) in full.
Introductory Offer · Receive $100 Cash Back when you spend $2,000* within the first 3 months after account opening. You will accrue 1.5% Cash Back and the Introductory Offer simultaneously. After the Introductory Offer period ends, you will accrue 1.5% Cash Back only.
