Truity Federal Credit Union
How We Will Calculate Your Balance : We use a method called 'average daily balance' for both purchases and cash advances (including new transactions). See your Cardholder Agreement for more details.
VISA ® Platinum Rate Credit Card Program Provides a Credit Limit of $500 or More · VISA Platinum Rate
Interest Rates and Charges · The due date for this card is the 13 th of the month.
Introductory Annual Percentage Rate (APR) for Purchases, Cash Advances, Balance Transfers, Convenience Checks and ATM Withdrawals · 0% APR for the first 12 months from card open date. Excludes existing Truity credit card balances. After 12 months, your APR will be variable based on your creditworthiness 1 and the Prime Rate, currently 12.49% - 18.00%
Military Annual Percentage Rate (MAPR) for Purchases For oral disclosure please call 1.800.897.6991 · Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. The cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36%. See MAPR below for more information.
Annual Percentage Rate (APR) for Purchases · 12.49% - 18.00% APR variable based on your creditworthiness 1 and the Prime 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 you interest on purchases if you pay your entire interest avoidance balance by the due date of each month.
Paying Interest on Cash Advances, Balance Transfers, Convenience Checks and ATM Withdrawals · These transactions accrue interest upon posting on your account. We will begin charging interest on these transactions on the transaction date.
Paying interest on installment plan offers. · Interest begins to accrue on the day after the first billing cycle with the installment transaction and continues until paid in full.
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 Cash Advance, Balance Transfer, Convenience Check & ATM Withdrawal Fee Duplicate Merchant Sales Slip Duplicate Copy of Billing Statement Replacement Card Stop Payment Fee (Convenience Checks) Foreign Transaction Fee · 3% of the Transaction Amount or $10, whichever is greater $5.00 $3.00 (Research $25 per hour) $10.00 (in excess, of 1 per year) $28.00 1% of Transaction Amount $28.00 (5 days past the Due Date)
Penalty Fees
Late Payment Fee Return Payment Fee · $28.00
MAPR: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premium; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). For Active Military Lending oral disclosure please call 1.800.897.6991.
