Platinum Preferred Credit Card Disclosure and Agreement
Interest Rates and Interest Charges
Annual percentage rate (APR) for purchases · 6.90 % APR is non-variable, any rate changes will not affect existing balances at the time of the change
APR for Balance Transfers · 6.90 % APR is non-variable, any rate changes will not affect existing balances at the time of the change
APR for Cash Advances · 6.90 % APR is non-variable, any rate changes will not affect existing balances at the time of the change
Penalty APR and when it applies · N/A
Paying Interest · 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. We will begin charging interest on cash advances and balance transfers on the transaction date.
Minimum Interest charge · N/A
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
Annual Fee · None
Transaction Fees - Balance Transfers - Cash Advances - Foreign transactions · None None 1% of each transaction in U.S. dollars
Penalty Fees - Late Payment - Over the credit limit - Return payment · Up to $25.00 N/A Up to $25.00
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."
We take the beginning balance of your account each day and subtract any payments, credits, non-accruing fees, and unpaid finance charges and add any new purchases or cash advances. We then add all the daily balances for the billing cycle and divide the total by the number of days in the billing cycle.
Periodic Rate:
Billing Rights:
0.575% (6.90%/12
Information on your rights to dispute transactions and how to exercise those rights is in items G & L of this agreement
Optional Fees:
Optional Debt Protection
Replacement card -
Pay-by-phone -
Statement copies -
$10.00
$10.00 Customer Service Representative assisted
$ 2.00 per statement
Death Benefit
Single - $0.86, Joint - $1.39 per $1000.00 of balance at the end of each statement period.
:
Death and Disability:
Single - $1.76, Joint - $3.09 per $1000.00 of balance at the end of each statement period.
Death, Disability and Involuntary Unemployment:
Single - $2.47, Joint - $4.43 per $1000.00 of balance at the end of each statement period.
Payment Address
PO BOX 672051 Dallas, TX 75267-2021
Other Information: Your minimum payment is 2% of your outstanding balance that does not exceed your credit limit, plus any amount exceeding your credit limit, or $20.00 whichever is greater. A statement will be mailed to you 25 days prior to the due date. Your due date will be the same calendar date each month. If the due date is on a weekend or holiday, the payment will not be treated as late if we receive your payment the next business day. Payment amounts exceeding the minimum payment will be applied first to the credit card balance with the highest interest rate. If you have other loans or credit extensions from U.S. Eagle Federal Credit Union, or take out other loans or credit extensions with U.S. Eagle in the future, collateral securing those loans or credit extensions will also secure your obligations under this agreement. However, unless you expressly agree otherwise, your household goods and dwelling will not secure your obligations under this agreement even if U.S. Eagle has, or later acquires, a security interest in your household goods or a mortgage on your dwelling. If you have executed a written agreement granting a security interest in any deposit accounts (checking, savings, or share accounts) or other funds held by U.S. Eagle to secure your obligations under this credit card plan, such accounts and/or funds are an additional security for your obligations to U.S. Eagle arising from the use of your Card. You agree to pay all costs incurred by U.S. Eagle in collecting your indebtedness or in enforcing this agreement, including reasonable attorney's fees and costs, expenses and attorneys' fees incurred in appellate, bankruptcy and post-judgment proceedings, except to the extent such costs, fees or expenses are prohibited by law.
