UMassFive College Federal Credit Union
200 Westgate Center Drive / PO Box 1060
Hadley, MA 01035
(800) 852-5886
www.umassfive.coop

APPLICATION AND SOLICITATION DISCLOSURES

Cash Back VISA Signature(cid:9)

IMPORTANT CREDIT CARD DISCLOSURES
The following disclosure represents important details concerning your credit card. The information about costs of the card are
accurate as of
effective date.

. You can contact us toll free at (800) 852-5886 to inquire if any changes occurred since the

INTEREST RATES and INTEREST CHARGES:

Annual Percentage Rate
(APR) for Purchases &
Balance Transfers

12.75%, 13.75%, 14.75%, 16.75% or 18.00%
depending on your credit history.

This APR will vary with the market based on the Prime Rate.

APR for Cash Advances

14.75%, 15.75%, 16.75% or 18.00%
depending on your credit history.
This APR will vary with the market based on the Prime Rate.

Paying Interest

Your due date is at least 21 days after we mail your billing statement. We will not charge you
interest  on  purchases  if  you  pay  your  entire  new  purchase  balance  by  the  due  date  each
month, otherwise we will charge you interest as of the date the purchase transaction posted
to your account. We will begin charging interest on cash advances and balance transfers on
the date the transaction posts to your account.

Minimum Interest Charge

None

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
http://www.consumerfinance.gov/learnmore

FEES:

Fees to Open or Maintain
your Account
- Annual Fee:
- Application Fee:

None
None

Transaction Fees

- Balance Transfer:
- Cash Advance:
- Foreign Transaction:

Penalty Fees
- Late Payment:

- Over-the-Credit Limit:
- Returned Payment:

3% of the amount of each transfer (minimum of $30.00)

$10.00 or 3.00% of the amount of each cash advance, whichever is greater.
None

Up to $27.00 or the amount of the required minimum payment, whichever is less, if you are
one (1) or more days late in making a payment. In the event you fail to make a payment on
time in any of the six (6) billing cycles following the initial violation, you will be charged up to
$38.00 or the amount of the required minimum payment, whichever is less
None
Up  to  $27.00 the  first  time  your  payment  is  returned  for  any  reason  within  the  following  6
billing cycles, you will be charged up to $38.00 for each returned payment.

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."

Minimum Payment Requirement: $25.00 or 2% of balance plus the full amount of any balance in excess of your credit limit.

9009 LASER DP FFI19969 Rev 3-2020

COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.