Municipal Credit Union  

SUPPLEMENT TO MUNICIPAL CREDIT UNION VARIABLE RATE  
VISA CARDHOLDER AGREEMENT AND DISCLOSURE STATEMENT 

Special Introductory Annual Percentage Rate 

The interest rate which will apply to purchases and balance transfers during the first six (6) months following the 
opening of your account is a special introductory rate and is not based on the index and margin which are set forth 
in  the  MCU  Variable  Rate  VISA  Cardholder  Agreement  and  Disclosure  Statement.    The  special  introductory 
ANNUAL PERCENTAGE RATE is 5.9% which corresponds to a Daily Periodic Rate of .01616%.  Beginning 
in  the  billing  cycle  which  next  follows  the  expiration  of  the  six  (6)  month  introductory  rate  period,  the  variable 
annual  percentage  rate  described  in  your  MCU  Variable  Rate  VISA  Cardholder  Agreement  and  Disclosure 
Statement will apply to any existing and new purchase and transferred balances.  The ANNUAL PERCENTAGE 
RATE  which  would  have  applied  using  the  margin  and  index  in  effect  on  March  15,  2013  is  11.15%  which 
corresponds to a Daily Periodic Rate of .03055%. 

Interest Rates and Interest Charges 

Annual Percentage Rate 
(APR) for Purchases and 
Balance Transfers 

5.90% for the first six months. 
After that, 11.15%. This APR will vary with the market based on the Prime Rate.* 

APR for Cash Advances 

17.90% 

Paying Interest 

Minimum Interest Charge 

Your due date is at least 25 days after the close of each billing cycle.  We will not charge 
you any interest on purchases and balance transfers if you pay your entire balance by the 
due date each month.  We will begin charging interest on cash advances on the transaction 
date. 
If you are charged interest, the charge will be no less than $.50. 

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 

Annual Fee 
Transaction Fees 

  Cash Advance 

  Foreign Transaction 

Penalty Fees 

None 

Either $1 or 3% of the amount of each cash advance, whichever is greater (maximum 
$30.00). 
1% of each transaction in U.S. dollars. 

  Late Payment 
  Returned Payment 

Up to $25  
Up to $20 

How we will Calculate Your Balance:  We use a method called “average daily balance (including new purchases).” 

*Variable  rates  may  change  quarterly  based  upon  the  movement  in  the  highest  prime  rate  as  published  in  the  Wall  Street  Journal  on 
March 15th, June 15th, September 15th and December 15th of each year (the “Prime Rate”).  We add 7.90% to the Prime Rate to determine 
the  Purchases/Balance  Transfer  APR.    The  Prime  Rate  as  of  March  15,  2013  was  3.25%.    (Refer  to  Section  8a.  of  the  Cardholder 
Agreement for more details.) 

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

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