Variable Rate: Your APRs will vary with the market based on the Prime Rate. The
Prime Rate is the highest bank prime loan rate as published by the Wall Street
Journal in its Money Rates Section on the 14th day (or the next business day if
P
the 14th is not a business day) of the calendar month preceding the first day of
the billing period. If the Periodic Rate(s) and corresponding Annual Percentage
Rate(s) increase, your interest charges will increase and your minimum payment
may be greater.
Penalty Rate: If you fail to make your required minimum payment on your Account
by the due date, make a payment that is returned, or fail to do any of the same on
any other account held with us; all rates may increase to the Penalty Rate. If your
APR is increased for any of the above reasons, we may keep the APRs at this
higher level indefinitely or until we receive (6) consecutive minimum payments by
BUSINESS PLATINUM
the required due date.
Application of Payments: Please refer to your Cardholder Agreement for specific
information regarding your Application of Payment details.
Minimum Payment: Please refer to your Cardholder Agreement for specific
Credit Terms
information regarding your Minimum Payment details.
Cash Equivalent Transactions: Cash equivalent transactions are those
transactions performed using a merchant or service provider that Masterard/VISA
and Fees
identifies as a seller of traveler's cheques, foreign currencies, money orders, wire
transfers, lottery tickets, funds used for wagers or gambling or similar products and
services.
Other Fees:
Replacement Card
$35.00 (includes delivery)
Copy of Sales Voucher
$7.50
Additional Copy of Paper Statement
$7.50
Annual Second Card Fee
$0.00
CONTACT US:
Card Assets
3595 Canton Rd.
Suite 312-339
Marietta, GA 30066-2658
1.800.854.7642
www.24-7cardaccess.com
Privacy Policy to be included as part of
BUSINESS PLATINUM: CREDIT TERMS AND FEES
05/2022
the Cardholder Agreement.
M-900989
Summary of Credit Terms
Effective 05/15/2022
Fees
Annual Fees:
Interest Rates and Interest Charges
Please read carefully and review the pricing & terms.
Annual Fee
None
Additional Card
None
Annual Percentage
0.00%
Rate (APR) for
introductory APR for the first six
Fee
Purchases
(6) billing cycles. After that your APR will be
Rewards Fee
None
16.99%.
Transaction Fees:
This APR will vary with the
market based on the Prime Rate.
Balance
Either $10.00 or 4% of the amount of
Balance Transfers
0.00% introductory APR for the first six (6)
Transfer
each transfer, whichever is greater.
APR
billing cycles. After that your APR will be
16.99%. This APR will vary with the market
Cash Advance
Either $10.00 or 5% of the amount
based on the Prime Rate.
advanced, whichever is greater.
Cash Advances and
0.00% introductory APR for the first six (6)
Foreign
3.0% of the US dollar amount of the
Cash Equivalent
billing cycles. After that your APR will be
Transaction
transactions originating in a foreign
Transaction APR
20.49%. This APR will vary with the market
country.
based on the Prime Rate.
Penalty Fees:
Penalty APR and
24.24%. This APR will vary with the market
based on the Prime Rate.
Late Fee
When it Applies
Up to $35.00
(Late Payment)
This APR may be applied to your account if
you:
Returned
$25.00 per item
1.
Make a late payment
Payment
2.
Make a payment that is returned
Charge
3.
Do any of the above on any other
Over Credit
$0.00
account held with us
Limit Fee
How Long Will the Penalty APR Apply?
The penalty rate may be applied to your
How We Will Calculate Your Balance: We use a method called
account until we receive six (6) consecutive
"average daily balance" (including new purchases). See your Cardholder
minimum payments, with each payment being
Agreement for more details.
received by the required payment date.
Loss of Introductory APR: We may end your introductory APR and
How to Avoid
Your due date is at least 25 days after
apply the Penalty APR if you make a late payment.
Paying Interest on
the close of each billing period. We will
Purchases
not charge you periodic interest on new
Billing Rights: Information on your rights to dispute transactions and
purchases, or any portion of a new purchase,
how to exercise those rights is provided in your Cardholder Agreement.
paid by the due date on your current billing
statement if your entire balance on your
Margins & Periodic Rates with Corresponding APRs
previous billing statement is paid in full by the
Margin
Daily Periodic Rate
due date on that statement.
Purchase Rate
13.49%
0.04586%
Minimum Interest
If you are charged interest, the charge will be
(Corresponding APR of 16.99%)
Charge
no less than $1.00.
Balance Transfer
13.49%
0.04586%
For Credit Card Tips
To learn more about factors to consider when
Rate
(Corresponding APR of 16.99%)
from the Consumer
applying for or using a credit card, visit the
Cash Advance and
16.99%
0.05545%
Financial Protection
website of the Consumer Financial Protection
Cash Equivalent
(Corresponding APR of 20.49%)
Bureau
Bureau at http://www.consumerfinance.
Transaction Rate
gov/learnmore
Penalty Rate
20.74%
0.06573%
(Corresponding APR of 24.24%)
BUSINESS PLATINUM: CREDIT TERMS AND FEES
05/2022