VISA ® Siren Credit Card
Important Disclosures
Rates, Fees, and other important information about the VISA ® Siren Credit Card (' Siren Card' or 'Card') are set forth in these Important Disclosures, which are part of the VISA ® Siren Credit Card Cardholder Agreement ('Agreement'). The terms of the Agreement, including these Important Disclosures, may be changed at any time subject to applicable law. Based on our evaluation of your credit report and other factors, if approved for a Siren Card, you will receive a credit card account ("Account") with a minimum credit line of $500. For purposes of these disclosures, 'you' and 'your' mean each person who applies for an Account.
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases · 16.01% This APR will vary with the market based on the Prime Rate.
APR for Cash Advances · 24.99%
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 any 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.
Fees
Annual Fee · None
Transaction Fees · None
Penalty Fees • Late Payment • Returned Payment · Up to $25 . Up to $25 .
How We Will Calculate Your Balance: We use a method called 'average daily balance (including new transactions) ' and we calculate a separate average daily balance for your Purchase balance and your Cash Advance balance. See section 4.E 'Balances Subject to Interest Rates' for further details.
Billing Rights Summary: Information on your right to dispute transactions is included in the Agreement.
How the Variable APRs and Daily Rate on your Account are Determined: The Purchases APR on your Account will be determined each Billing Cycle by adding a 9.26% margin to the Prime Rate (U.S.) as published in the Money Rates section of The Wall Street Journal (the 'Index' ), which was 6.75% as of the end of the preceding calendar month. Currently, the Daily Periodic Rate for Purchases is 0.0438630% and the Daily Periodic Rate for Cash Advances is 0.0684658%.
Important Information About Procedures for Opening a New Account (USA PATRIOT Act): To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means to you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see y our driver's license or other identifying documents.
