Disclosures
Credit Card Disclosures
Annual Percentage Rate (APR) for Purchases: 11.49% to 17.99% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
APR for Cash Advances: 11.49% to 17.99%, when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
APR for Balance Transfers: 11.49% to 17.99%, when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
Minimum Interest Charge: If you are charged interest, the charge will be no less than $1.00.
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 https://www.consumerfinance.gov/learnmore/
Fees
Annual Fee: NONE
Balance Transfer Fee: NONE
Foreign Transaction Fee: 1.00% of each transaction in U.S. dollars
Transaction Fee for Purchases: NONE
Penalty Fees
Late Payment Fee: up to $25.00
Returned Payment Fee: up to $25.00
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases).
Minimum Interest Charge: The minimum interest charge will be charged on any dollar amount.
Effective Date: The information about the costs of the card described in this application is accurate as of: October 25, 2023. This information may have changed after that date. To find out what may have changed, contact the Credit Union.
Other Disclosures:
For California Borrowers, the Platinum MasterCard is a secured credit card. 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.
Notice to New York Residents: New York residents may contact the New York State Department of Financial Services to obtain a comparative listing of credit card rates, fees, and grace periods. The New York State Department of Financial Services may be contacted at 1-800-342-3736 or www.dfs.ny.go.
Other Fees & Disclosures:
Late Payment Fee: $25.00 or the amount of the required minimum payment, whichever is less, if you are 15 or more days late in making a payment.
Returned Payment Fee: $25.00 or the amount of the required minimum payment, whichever is less.
Document Copy Fee: $3.00.
Pay-by-Phone Fee: $5.00.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.