VISA CLASSIC CARDHOLDER AGREEMENT AND DISCLOSURE STATEMENT TINKER FEDERAL CREDIT UNION -VISA CLASSIC
Interest Rates and Interest Charges
ANNUAL PERCENTAGERATE (APR) for Purchases · 3.99% introductory rate on purchases for 6 months from date of account opening; thereafter, the APR is set by your credit rating at the time of account opening. * Rate 1 – 12.50% Rate 2 – 13.50% Rate 3 – 14.50% Rate 4 – 16.50% Rate 5 – 18.00%
APRforBalance Transfers · 3.99% introductory rate on balance transfers for 6 months from date of account opening; thereafter, the APR is set by your credit rating at the time of account opening. Rate 1 – 12.50% Rate 2 – 13.50% Rate 3 – 14.50% Rate 4 – 16.50% Rate 5 – 18.00% Balance transfer APR: The current program APR which will be set by your credit rating at the time of account opening. * The APR will vary with the market based on the Prime Rate.
APR for Cash Advances · Rate 1 – 12.50% Rate 2 – 13.50% Rate 3 – 14.50% Rate 4 – 16.50% Rate 5 – 18.00% Cash advance APR: The current program APRwhich will be set by your credit rating at the time of account opening. * The APR will vary with the market based on the Prime Rate.
Paying Interest · 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 your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date .
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
Set-Up and Maintenance Fees ● Annual Fee Transaction Fees · None
● Foreign Transaction Penalty Fees ● Late Payment ● Returned Check Fee · 1% of each transaction in U.S. dollars. Up to $22 -If your minimum monthly payment is not received by us on the due date on your monthly statement, we may impose a late fee of up to $22 which will be reflected on the following monthly statement. Upto $20 - the Credit Union may charge a return check fee for each one-party return by a bank or other depository institution of a dishonored check, negotiable order of withdrawal or share draft issued by cardholder(s) as payment on the credit card account.
Other Fees ● Statement Copy ● Ticket Copy · $2 - the Credit Union may charge a $2.00 fee for each duplicate copy of requested monthly billing statement(s). The Credit Union may charge for each duplicate copy of requested sales slip(s). However, if the request for a duplicate copy of a sales slip is in connection with any disputed billing matter, (see “YOUR BILLING RIGHTS”), a fee will not be imposed . $25 - Travel and Entertainment documents $6 - Original sales slip $5 - Photocopy of sales slip
How We Will Calculate Your Balance : We use a method called 'Average Daily Balance (including new purchases).' See the INTEREST CHARGE CALCULATION METHODS section of this cardholder agreement for more details. Billing Rights : Information on your rights to dispute transactions and how to exercise those rights, is included in this cardholder agreement under the YOUR BILLING RIGHTS section. *The credit score ranges are as follows: Rate 1 (740 and above) Rate 2 (700-739) Rate 3 (660-699) Rate 4 (625-659) Rate 5 (0 to 624). Other Terms: IMPORTANT NOTICE TO CURRENT TFCU VISA SIGNATURE CARD ACCOUNT HOLDERS If you currently have a Visa Signature credit card issued by TFCU and you decide to apply to instead use the Visa Classic credit card to be issued by TFCU, you will lose any cash-back rebates you may have if you close your current account before the rebates are used . Lower credit limits may be set on the new account, and you will not be permitted to transfer balances if you choose to keep your current card and also apply for the new account, and your credit score may be affected.
