1st Advantage Credit Card Disclosure

Last Revised 4-2-18

I

nterest Rates and Interest Charges for Signature Rewards Credit Card

A

nnual Percentage Rate (APR)¹ for

11.65%- 18.00% Variable APR

P

urchases

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.

A

PR for Balance Transfers

11.65%- 18.00% 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.

A

PR Cash Advances

P

enalty APR and When it Applies

11.65%- 18.00% 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.

18.00% 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.

M

inimum Interest Charge

None

H

ow to Avoid Paying Interest on

P

urchases

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.

F

or Credit Card Tips from the Consumer

F

inancial 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

F

ees

A

nnual Fee

T

ransaction Fees

► Balance Transfer

► Cash Advance

None

None

None

► Foreign Transaction

1% of Amount After Conversion

P

enalty Fees

► Late Payment

► Returned Payment

O

ther Fees

► Card Replacement Fee

$25

$25

$5

• H

ow We Calculate Your Balance: We use a method called “average daily balance (including new purchases)” (See cardholder agreement for complete details.) 

• L

oss of Introductory APR: Introductory rate will convert to the default APR of 18.00% if the account is two (2) minimum payments past due.  

•  B

illing 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 6.9% to 14.9% based on product type

• Y

our APR will never go above 18.00% APR.

Fe

deral 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 

Ar

med 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 

ins

urance 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); 

an

d 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.