Account Opening Disclosures
Account Opening Disclosures Supplement to Credit Card Agreement for ViSA Platinum Cash Rewards Accounts Education Credit Union
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AorupUreraentage Rate (APR) · 9.24% - 17.75% based on your credit worthiness. This APR will vary with the market based on the Prime Rate.
Aor ual anrceraageerate (APR) · 9.24% - 17.75% based on your credit worthiness This APR will vary with the market based on the Prime Rate.
APaf Precastage ances · 17.75%
Penalty APR and When it Applies · 17.75% This APR may be applied to all advances for your account if you: 1 Make a late payment How Long Will the Penalty APR Apply?: If your APR is increased for this reason, the Penalty APR will apply until you make six consecutive minimum pavments when due.
How to Avoid Paying Interest on Purchases · Your due date is at least 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
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
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Annual Fee · None
Cash Advance · he cashaargeamashAdanwheeveras vaeerof 2% of
Transaction Fees Foreign Transaction · Up to 1% of each transaction in U.S. dollars.
Penalty Fees
Late Payment · Up to $25 (If we do not receive your required Minimum Payment within 10 days of the Payment Due Date, you may be charged a Late Payment Fee of your Minimum monthly payment or $25, whichever is less.)
Returned Payment · $24 (If any payment made on your Account is returned unpaid for any reason, you will be charged a Returned Payment Fee or the amount equal to your required Minimum Payment, whichever is less. The Returned Payment Fee will apply when any payment is returned to us, even if the payment is honored upon resubmission.
Other Fees
EzPay (telephone assisted expedited payment service) · $10
Replacement Card · $7.50
Rush Card Fee · $50.00 (You will be charged a rush card fee if we have to rush production and deliverv of a new credit card
Retrieval Fee · $2.50 (You will be charged a retrieval fee if we have to retrieve a receipt from a merchant orViSA on vour behalf)
Statement Reprint Fee · $2.00 (You will be charged a statement reprint fee for any additional statement copies you need printed)
Convenience Check
Stop Payment · $28 per check
Copy of Check · $20 per check
Non-Sufficient Funds (insufficient credit limit) · $24 per return
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See below for more details.
Loss of Introductory APR: We may end your introductory APR and apply the Penalty APR if you make a late payment.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided below.
Truth in Lending Disclosures
COST OF CREDIT: You will pay an interest CHARGE for all advances made against your Account. Interest CHARGES for cash advances and balance transfers begin to accrue on the date of the advance. New purchases will not incur an interest CHARGE on the date they are posted to your Account if you have paid the Account in full by the Payment Due Date shown on your previous monthly statement, or if there was no previous balance.
For cash advances, the daily periodic rate is 0.048630% (17.75% ANNUAL PERCENTAGE RATE). The ANNUAL PERCENTAGE RATE for cash advances is non-variable. For purchases and balance transfers, the daily periodic rate is 0.025315% - 0.048630% ( 9.24% - 17.75% ANNUAL PERCENTAGE RATE) The ANNUAL PERCENTAGE RATE for purchases (including balance transfers) is variable and may increase. Unless an Introductory rate is in effect, the periodic rate used to compute the INTEREST CHARGE for purchases is based on an index (the "Index"), which is the Prime Rate as published in the Money Rates section of The Wall Street Journal on the 10th day of the month and is subject to change monthly on the first day of each month.
