Credit Card Disclosure (Rev 09/17)
APPLICATION AND SOLICITATION DISCLOSURE
VISA CLASSIC / VISA PLATINUM
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Interest Rates and Interest Charges
Annual Percentage Rate (APR*) for purchases
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Visa Classic
12.00%
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Visa Platinum
5.90%
Introductory APR for a period of 12 billing cycles
After that, your APR will be
9.90%
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APR for Balance Transfers
Visa Classic
12.00%
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Visa Platinum
5.90%
Introductory APR for a period of 12 billing cycles
After that, your APR will be
9.90%
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APR for Cash Advance
Visa Classic
12.00%
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Visa Platinum
5.90%
Introductory APR for a period of 12 billing cycles
After that, your APR will be
9.90%
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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.
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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
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Fees
Transaction Fees
Foreign Transaction Fee
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1.00% of each multiple currency transaction in U.S. dollars
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0.80% of each single currency transaction in U.S. dollars
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Penalty Fees
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Late Payment Fee: Up to $25.00
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Returned Payment Fee: Up to $25.00
How We Will Calculate Your Balance:
We use a method called "average daily balance (including new purchases)."
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Promotional Period for Introductory APR - Visa Platinum:
The Introductory APR for purchases, balance transfers and cash advances will apply to transactions posted to your account during the first 365 days following issuance of your card. Any existing balances on Bay Atlantic Federal Credit Union loan or credit card accounts are not eligible for the Introductory APR for balance transfers.
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Effective Date: The information about the costs of the card described in this application is accurate as of: September 01, 2017.
This information may have changed after that date. To find out what may have changed, contact the Credit Union.
For California Borrowers, the Visa Classic and Visa Platinum are secured credit cards. Credit extended under this credit card account is secured by various personal property and money including, but not limited to: (a) any goods you purchase with this account, (b) any shares you specifically pledge as collateral for this account on a separate Pledge of Shares, (c) all shares you have in any individual or joint account with the Credit Union excluding shares in an Individual Retirement Account or in any other account that would lose special tax treatment under state or federal law, and (d) collateral securing other loans you have with the Credit Union excluding dwellings. Notwithstanding the foregoing, you acknowledge and agree that during any periods when you are a covered borrower under the Military Lending Act your credit card will be secured by any specific Pledge of Shares you grant us but will not be secured by all shares you have in any individual or joint account with the Credit Union. For clarity, you will not be deemed a covered borrower if: (i) you establish your credit card account when you are not a covered borrower; or (ii) you cease to be a covered borrower.
Other Fees & Disclosures:
Late Payment Fee:
$25.00 or the amount of the required minimum payment, whichever is less, if you are five or more days late in making a payment.
Returned Payment Fee:
$25.00 or the amount of the required minimum payment, whichever is less.
Rush Fee:
$25.00.
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©CUNA MUTUAL GROUP, 2009, 10, 12, 16, ALL RIGHTS RESERVED
©CUNA MUTUAL GROUP, 1993, 2007, ALL RIGHTS RESERVED