Visa® Platinum Credit Card Account Application Disclosure

Visa® Platinum Credit Card Account Application Disclosure-Interest Rates and Charges
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases, Balance Transfers or Cash Advances

Visa Platinum

0.00% - 8.90% introductory APR for a period of six (6) billing cycles.

After that, 11.00% to 18.00% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.a

Visa Platinum Rewards

0.00% - 8.90% introductory APR for a period of six (6) billing cycles.

After that, 12.00% to 18.00% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.b

Secured Visa 18.00% variable. This APR will vary with market based on the Prime Rate.c

Penalty APR and When it Applies

18.00% this APR may be applied to my account if I fail to make two (2) consecutive payments.

How long will the penalty APR apply? If my APRs are increased for any of these reasons, the Penalty APR will apply until I make six (6) consecutive minimum payments when due beginning with the first (1st) payment due after the effective date of the increase.

Paying Interest My due date is at least 25 days after the close of each billing cycle. You will not charge me interest on purchases if I pay my entire balance by the due date of each month. You will begin charging interest on cash advances and balance transfers on the transaction date.
For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau.
Visa® Platinum Credit Card Account Application Disclosure:Fees
Fees
Annual Fee None
Transaction Fees
  • Balance Transfer Either $10 or 3% of the amount of each transfer, whichever is greater.
  • Cash Advance Either $10 or 3% of the amount of cash advance, whichever is greater.
  • Foreign Transactions 1.0% of each foreign transaction, regardless of whether the transaction is in US dollars or in a foreign currency
Penalty Fees
  • Late Payment Up to $25
  • Returned Payment Up to $25
  • Returned Check Up to $25

How You Will Calculate My Balance: You will use a method called “average daily balance (including new transactions).” Once you take advantage of this offer, you will have a new promotional balance on your account.  As a result, you will lose your interest-free period (also called our grace period) on new purchases, balance transfers and cash advances unless you pay your entire balance in full each month (including any promotional balances that you add by using this offer). This means that while you will enjoy the promotional rate on balances that you add by using this offer, you will pay interest on new purchases, balance transfers and cash advances.

Loss of Introductory APR: We will end your introductory APR and apply the Penalty APR if you make a late payment.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Credit Card Agreement.

Variable APRs: Based on Prime Rate as listed on The Wall Street Journal on the 1st day of the month.

aVisa Platinum Accounts, we add between 7.75% to 14.25% to the Prime Rate to determine the APR based on your creditworthiness for Purchase/Balance Transfer and Cash Advances.

bVisa Platinum Rewards Accounts, we add between 7.75% to 14.25% to the Prime Rate to determine the APR based on your creditworthiness for Purchase/Balance Transfer and Cash Advances.

cVisa Platinum Secured Accounts, we add 14.75% to the Prime Rate to determine the APR based on your creditworthiness for Purchase/Balance Transfer and Cash Advances.

Reward Points: If you elect a Platinum Rewards card, one (1) point is earned for every dollar of purchase activity. Points are not earned on cash advances, balance transfers or letter checks.

Military Lending Act Disclosures: 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 premiums; 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).