| Credit card and checks with variable interest rates if you qualify.
The line offers you charge privileges and cash advances throughout
the world.
| |
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No interest charged on new
purchases if purchased amount is paid in full by Due Date. |
|
Convenient monthly repayment
terms. |
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Worldwide charge privileges
for purchases and services. |
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Access by convenience checks
or credit card. |
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No fee for additional cards. |
|
Increases financial flexibility
by enabling the client to have ready access to cash. |
|
Billing cycle ends the 26th
of each month. |
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| Additional Specifications &
Fees |
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| Annual Fee |
Annual membership fee of $50.00. |
|
Annual Percentage Rate
(APR) for Purchases |
7.00%,
as of August 14, 2008 |
| Other APRs |
Cash Advance APR: 7.00%*
Balance Transfer APR: 7.00%
Default APR: 14.00% (7% over current APR)
****See explanation below.
|
| Variable Rate Information |
Your APR for purchase transactions may vary.
The rate is determined monthly by adding 2.00% to the Prime
Rate** |
| Minimum Rate |
APR will never go below 6.25%*** |
| Grace period for Repayment of Balances for Purchases* |
You have 25 days to repay your balance before a finance charge
will be imposed |
| Method for computing the Balances for Purchases |
Average Daily Balance
(including new transactions) |
| Annual Membership Fee |
$50.00 |
| Minimum Finance Charge |
$1.00 |
| Transaction Fee for Purchases: |
None |
Transaction Fee for Cash Advances:
|
$2.00 or 2.5% of each advance up to $20 |
Balance Transfer Fee:
|
None |
Late Payment Fee:
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$29.00 |
Over-the-Credit-Limit Fee:
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$35.00 |
Card Replacement Fee:
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$ 5.00 |
Document Fee:
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$ 3.00 |
Returned Check Fee:
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$15.00 |
| Collection and Attorney: |
As Permitted by law |
| Foreign Currency Transaction Fee: |
1% of converted amount (Mastercard imposed) |
*FINANCE CHARGES will accrue from the date that a PURCHASE is
posted until payment is posted, unless the Previous Balance has
been paid in full within the 25-day Grace Period.
FINANCE CHARGES will accrue on CASH ADVANCES from the date a
Cash Advance is posted until payment is posted.
The 25-day Grace Period DOES NOT APPLY to CASH ADVANCES
**The Prime Rate used to determine your APR is the highest prime
interest rate as published in the Wall Street Journal on the
third Tuesday of each month.
***Regardless of future adjustments to US Prime Rate
**** Default rate will become effective if you have been: 30
days past-due twice in a 12-month period in a payment to us;
you have been over your credit limit two consecutive statement
cycles; or you have had two dishonored payments to us in a 12-month
period.
These disclosures are accurate as of August 14, 2008 and are subject
to change. For further information please call (614) 552-0511
or 1-800-697-0049.
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