CARDMEMBER AGREEMENT – RATES AND FEES TABLE 
Laurel Road Student Loan Cashback℠ Credit Card (As of 
March 30th, 2021) 

Annual Percentage Rate 
(APR) for Purchases  

Interest Rates and Interest Charges 
Your APR will be 13.99% to 22.99% based on your 
creditworthiness. This APR will vary with the market based on 
the Prime Rate. 

APR for Cash Advances  23.99% This APR will vary with the market based on the Prime 

APR for Balance 
Transfers 

Paying Interest 

Minimum Interest 
Charge 

For Credit Card Tips 
from the Consumer 
Financial Protection 
Bureau 

Annual Fee 
Transaction Fees: 
Balance Transfer Fee 

Cash Advance Fee 

Convenience Check 
Advance Fee 
Overdraft Protection 
Transfer Fee 
Foreign Transaction Fee 

Rate. 
0.00% Introductory APR for the first 12 monthly billing cycles 
following account opening when balance is transferred within 
the first 60 days following account opening.  After that, your 
APR will be 13.99% to 22.99%. This APR will vary with the 
market based on the Prime Rate.   
Your due date is at least 25 days after the close of each billing 
cycle.  We will not charge you any interest on purchases if you 
pay your entire balance by the due date of each month.  We will 
begin charging interest on cash advances, convenience check 
advances and balance transfers on the transaction date. 
If you are charged interest, the charge will be no less than 
$0.50 

To learn more about factors to consider when applying for or 
using a credit card, visit the website of the Consumer Financial 
Protection Bureau https://www.consumerfinance.gov/learnmore 

Fees 

None 

Either $10.00 or 3% of the amount of each transaction, 
whichever is greater. 
Either $10.00 or 4% of the amount of each transaction, 
whichever is greater. 
Either $10.00 or 3% of the amount of each transaction, 
whichever is greater. 
$10.00  

0% of the amount of each foreign transaction after its 
conversion into U.S. Dollars. Refer to Terms & Conditions.  

Penalty Fees: 
Late Payment  
How We Calculate Your Balance:  We use a method called the average daily 
balance method (including new purchases).  See your Cardmember Agreement 
for details. 

Up to $39.00 

Billing Rights:  Information on your rights to dispute transactions and how to 
exercise those rights is provided in your Cardmember Agreement. 

 
 
 
 
Loss of Introductory APR: If you make a late payment, we may end offering 
you a lower introductory APR and begin charging you the higher APR (for 
Balance Transfers) that is specified in the table above and scheduled to take 
effect after the introductory APR is no longer effective.  

ADDITIONAL TERMS OF YOUR CARDMEMBER AGREEMENT: 
Your Interest 
Rates 

As referenced in Section 4 of your Cardholder Agreement, for 
each type of APR that is variable, the amount we add to the 
Prime Rate is the margin.  The margins for each type of 
variable APR on your Account are set forth below.  In 
parenthesis after each margin, we tell you your Account’s 
current APR and current Daily Periodic Rate (DPR).  

Once any introductory APR period has expired, to determine 
the APR for Purchases, we add 10.74% to the Prime Rate 
(currently 13.99% APR and DPR of 0.03833%), to determine 
the APR for Balance Transfers, we add 10.74% to the Prime 
Rate (currently 13.99% APR and a Daily Periodic Rate (DPR) 
of  0.03833%), and to determine the APR for Cash Advances, 
we add 20.74% to the Prime Rate (currently 23.99% APR and 
a DPR of 0.06573%). 
Your Minimum Monthly Payment will equal the greater of 
$30.00 or 1% of the outstanding balance on the Account 
(inclusive of all fees other than the late fee) plus, interest 
charges, late fees and any past due amount. 
The Late Payment fee is $29, but $39 if you did not make at 
least the minimum payment by the Payment Due Date in any 
of the 6 prior billing cycles.  The Late Payment fee will not 
exceed the minimum payment amount. 
$25.00 each  

Minimum 
Monthly 
Payment 

Late Payment 
Fee 

Rush Order 
Fee – Card 
Replacement  

Rates, fees and other information contained within this disclosure are accurate 
as of 3/30/2021 and were in effect within 30 days of this form being provided, but 
are subject to change after that date. You should contact Laurel Road for any 
changes in this information since it was printed at 1-833-427-2265 (1-833-HCP-
BANK) TDD/TTY (Hearing Impaired): 1-800-539-8336. 

1142021CRQS-49