Interest Rates and Interest Charges

Annual Percentage Rate 
(A P R) for Purchases

14.40%

Pricing Information Table

This A P R will vary with the market based on the Prime Rate.

How to Avoid  
Paying Interest

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.

Minimum Interest Charge

If you are charged interest, the charge will be no less than $2.

How We Calculate  
Your Balance 

Fees

Annual Fee

Penalty Fees

Daily Balance (including current transactions)

None

•  Late Payment

Up to $40

Details About Your Interest Rates  
and Interest Calculations

Daily Periodic Rate

For variable rates:  

U.S. Prime Rate Plus

Purchases

0.03945%

11.15%

A P Rs Based on Prime. If any A P R is based on the U.S. Prime Rate (“Prime Rate”), the A P R will equal the Prime Rate 
plus the additional amount shown above. If the Prime Rate increases, it will cause the A P R to increase. If the Prime 
Rate decreases, it will cause the A P R to decrease. For each billing cycle we use the Prime Rate published in The Wall 
Street Journal two business days before the Statement Closing Date. If the Prime Rate changes any A P R, we put the 
new A P R into effect as of the first day of the billing cycle for which we calculate the A P R. We apply the new A P R to any 
existing balances, subject to any promotional rate that may apply. If The Wall Street Journal does not publish the Prime 
Rate, we will use a similar published rate.

Effect of A P R Increases. If an A P R increases, interest charges increase. Your minimum payment may increase as well. 

Daily Balance. We calculate the daily balance for each of your different balances. To get a daily balance, we take the 
balance at the end of the previous day, add the interest on the previous day’s balance and new charges, and subtract new 
credits or payments. We figure the interest charge by multiplying the daily balance by its daily periodic rate each day in the 
billing cycle. We then add up all the daily interest charges and the total is the interest charge for the billing cycle.

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