1st Advantage Credit Card Disclosure

Interest Rates and Interest Charges for Platinum Credit Card

Last Revised 4-2-18

Annual Percentage Rate (APR)¹ for

Purchases

3.99%² introductory fixed rate is good for the first six (6) billing cycles from the date that your new credit 
card account is opened.

After the promotion period: 
9.25%- 17.95% Variable APR

This APR will vary with the market according to the Prime Rate.

Average Daily Balance Method - Interest is calculated, billed and reported at cycle time.

APR for Balance Transfers

3.99%² introductory fixed rate is good for the first six (6) billing cycles from the date that your new credit 
card account is opened.

APR Cash Advances

Penalty APR and When it Applies

After the promotion period: 9.25% - 17.95% Variable APR

This APR will vary with the market according to the Prime Rate.

Average Daily Balance Method - Interest is calculated, billed and reported from the date of the 
transaction.

9.25% - 17.95% Variable APR
This APR will vary with the market according to the Prime Rate.
Average Daily Balance Method - Interest is calculated, billed and reported from the date of the 
transaction.

17.95% penalty pricing applies to your account whenever your account is two (2) Minimum Payments past 
due during any six (6) month period. We will change your interest rate (including any promotional rate) to a 
fixed rate of on the first day of the billing cycle following that has two (2) Minimum Payments past due. 
How Long Will the Penalty APR Apply? After twelve (12) consecutive billing cycles of your account being paid 
pursuant to the terms of your agreements with the Credit Union, we will change the interest rate to the rate 
that is then applicable to your account, which will become effective on the first day of the billing cycle following 
the twelfth consecutive billing cycle.

Minimum Interest Charge

None

How to Avoid Paying Interest on

Purchases

You will have a minimum of 25 days without a finance charge on new purchases if the total new balance 
is paid in full each month by the payment due date.

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

► Balance Transfer

► Cash Advance

None

None

None

► Foreign Transaction

1% of Amount After Conversion

Penalty Fees

► Late Payment

► Returned Payment

Other Fees

► Card Replacement Fee

$25

$25

$5

•  How We Calculate Your Balance: We use a method called “average daily balance (including new purchases)” (See cardholder agreement for complete details.)

•  Loss of Introductory APR: Introductory rate will convert to the default APR of 17.95% if the account is two (2) minimum payments past due.  

•   Billing Rights: See cardholder agreement for complete details on bill-error rights. 

¹ Variable Rate Information: Your APR may vary. Rates are determined and adjusted monthly on the first business day by adding a Margin to the highest Prime Rate published in the Wall Street Journal on 

the first day of the previous month. The Margin is determined based on an evaluation of each member’s credit history. The Margin will range from 4.5% to 14.5% based on product type. 

² Introductory rate available for new cards on purchases and new balance transfers for the first six (6) billing cycles from the date that your new card is opened. Balances at the end of the 6 month term 

will be subject to current APR.

•  Your APR will never go above 17.95% APR. 

Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the 

Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with 

credit insurance premium; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or 

accounts); and any participation fee charged (other than certain participation fees for a credit card account). If you would like to hear the disclosure orally, please call 757-877-2444.