Truity Federal Credit Union
VISA ® Share Secured Credit Card Program This program provides a credit limit of $250 or more. You must pledge an amount equal to 110% of secured limit. · VISA Share Secured Credit Card
Interest Rates and Charges · The due date for this card is the 13 th of the month.
Annual Percentage Rate (APR) for Purchases, Cash Advances, Balance Transfers, Convenience Checks and ATM Withdrawals · 14.99% Fixed APR.
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 to exceed an annual percentage rate of 36%. See MAPR below for more information.
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 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.
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 and 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
Penalty Fees Late Payment Fee Return Payment Fee · $28.00 (5 days past the Due Date) $28.00
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.
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.
