CREDIT CARD APPLICATION DISCLOSURE 

Interest Rates and Interest Charges 

Credit Tier 3 

Credit Tier 2 

Credit Tier 1 

Annual Percentage Rate 
(APR) for purchases and 
balance transfers 

10.99% Variable1 
11.99% Variable1 Rewards 
14.49% Variable1 Cash 
Back 

9.99 % Variable1 
10.99% Variable1 Rewards 
13.49% Variable1 Cash 
Back 

7.99% Variable1 
8.99% Variable1 Rewards 
12.49% Variable1 Cash 
Back 

Annual Percentage Rate 

(APR) for cash advances2  17.9% 

How to Avoid Paying Interest on 
Purchases 

Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on new purchases if you pay your entire 
balance by the due date each month.  We will begin charging interest on Cash Advances and Balance Transfers on the transaction date. 

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 

Annual Fee 

Balance Transfer Fee 

None 

None 

Late Fee 

Up to $25.00 

Foreign Transaction Fee 

1% of the transaction amount. 

Over Limit Fee 

None 

How we will calculate your balance: We will use a method called “average daily balance (including new purchases)”.  

Applications are subject to credit approval. Your rate and credit limit will be determined by individual credit worthiness including income, debt ratio, employment and credit history. Must be 
18 years of age to qualify. Verification of income may be required. 

Variable Rate calculations: For Credit Tiers 3, 2, 1 respectively: Variable Visa prime plus 7.74%, 6.74%, or 4.74%; Variable Rewards prime plus 8.74%, 7.74%, or 5.74%; Variable Cash 
Back prime plus 11.24%, 10.24%, or 9.24%. 

Membership account required. Must have an open savings account that carries a $5.00 minimum balance.   

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your cardholder agreement. 

Card benefits: All card types receive Verified by Visa. Rewards cards may earn one reward point for every $1 spent. Cash Back cards may earn 1.5% on every purchase. See full program 
rules on https://www.macu.com/loans/credit-cards/rewards-credit-cards/terms or https://www.macu.com/loans/credit-cards/cash-back-card/terms.  

1Variable Rate Information: The Annual Percentage Rate may increase or decrease when the Prime Rate Index “PRI” increases or decreases.  The Prime Rate Index is the highest prime 
rate published in the Wall Street Journal on the last business day of each month. If this index is no longer available, the credit union will choose a new index which is comparable to the 
index described herein.   

2Applies to new and existing cash advance balances. 

Rev 07/2020 Federally insured by NCUA. 

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