CREDIT CARD ACCOUNT AGREEMENT AND FEDERAL
Rivermark
TRUTH-IN-LENDING DISCLOSURE STATEMENTS
COMMUNITY CREDIT UNION
THIS IS YOUR CREDIT CARD ACCOUNT AGREEMENT AND IT INCLUDES NECESSARY FEDERAL TRUTH-IN-LENDING
PO Box 4044
DISCLOSURE STATEMENTS, PLATINUM VISA, SAVINGS SECURED VISA AND REWARDS VISA AGREEMENTS, AND ANY
Beaverton, OR 97076-4044
SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR PLATINUM VISA, SAVINGS SECURED VISA AND REWARDS VISA
(503) 626-6600
Fax: (503) 350-0126
CREDIT CARDS, AND/OR ANY OTHER ACCOUNT ACCESS DEVICE. PLEASE BE CERTAIN TO READ THIS AGREEMENT
CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR.
Interest Rate and Interest Charges
Annual Percentage Rate
Platinum VISA:
%
Savings Secured VISA:
%
(APR) For Purchases
Rewards VISA:
%
After that this APR will vary with the market based on the Prime Rate.
APR for Balance Transfers
Platinum VISA:
%
Savings Secured VISA:
%
Rewards VISA:
%
After that this APR will vary with the market based on the Prime Rate.
APR for Cash Advances
Platinum VISA:
%
Savings Secured VISA:
%
Rewards VISA:
%
After that this APR will vary with the market based on the Prime Rate.
Paying Interest
Your due date is at least 25 days after the close of each billing cycle. We will not charge You
interest on 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.
For Credit Card Tips from
To learn more about factors to consider when applying for or using a Credit Card,
the Consumer Financial
visit the website of the Consumer Financial Protection Bureau at
Protection Bureau
http://www.consumerfinance.gov/learnmore.
Fees
Transaction Fees
Foreign Transaction Fee
1.00% of each transaction in U.S. Dollars.
Penalty Fees
Returned Payment
Up to $25.00
Late Payment
Up to $25.00
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See Your
Agreement for details.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in Your Agreement.
Copyright Oak Tree Business Systems, Inc., 2008-2017. All Rights Reserved.
Page 1 of 4
OTBS 016CC RMAR (8/17)
DEFINITIONS. In this Agreement, the reference to "We," "Us," "Our" and "Credit Union" mean RIVERMARK COMMUNITY CREDIT UNION. The words "You" and
"Your" mean each person accepting this Agreement. If this is a joint Account, read singular pronouns in the plural. The words "Card" and "Credit Card" mean any
Platinum VISA, Savings Secured VISA and Rewards VISA Credit Card issued to You by Us and any duplicates or renewals. The word "Account" means the Platinum
VISA, Savings Secured VISA and Rewards VISA Credit Card Account established for You under this Agreement. "Convenience Checks" mean the special Account
access devices that We may provide for Your use from time to time.
Variable Rate
Daily
ANNUAL
Credit Card
Periodic Rate
PERCENTAGE RATE
Index
Margin
For Purchases
For Purchases
Platinum VISA
Savings Secured VISA
Rewards VISA
Variable Rate
Daily
ANNUAL
Credit Card
Periodic Rate
PERCENTAGE RATE
Index
Margin
For Balance Transfers
For Balance Transfers
Platinum VISA
Savings Secured VISA
Rewards VISA
Variable Rate
Daily
ANNUAL
Credit Card
Periodic Rate
PERCENTAGE RATE
Index
Margin
For Cash Advances
For Cash Advances
Platinum VISA
Savings Secured VISA
Rewards VISA
PROMISE TO PAY. You understand that the following terms and conditions found
ACCOUNT RESTRICTIONS. In order to receive and maintain a Savings
herein constitute Our Agreement with You. You may request advances on Your
Secured VISA Credit Card, You agree to give Us a specific pledge of funds
Account through a variety of means which could include (but may not be limited to)
which will equal Your credit limit. In the event that You default on Your Savings
telephonic requests, Convenience Checks, Credit Cards and the like. Regardless
Secured VISA Credit Card, We may apply these funds toward the repayment of
of the means by which any advance is made, You promise to pay Us all amounts
any amount owed on such Credit Card. You may cancel Your Savings Secured
charged to Your Account by You or by any user who has access to Your Account,
VISA Credit Card at any time by paying any amounts owed on that Credit Card.
with actual, apparent or implied authority for use of Your Account, including
To be certain that Your entire balance and all advances are paid, any funds
Finance Charges and other fees or charges described herein.
pledged may not be available to You for 30 days after You have cancelled and
any outstanding balance is paid in full.
USE OF YOUR CARD. You may use Your Card to buy goods and services in any
place that it is honored and to get cash advances at participating financial
LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for
institutions. You agree not to use Your Card for illegal transactions including, but
which You are approved. Unless You are in default, the Credit Limits established
not limited to, advances made for the purpose of gambling and/or wagering where
for You will generally be self-replenishing as You make payments. You will keep
such practices are in violation of applicable state and/or federal law.
Your unpaid balance within Your Credit Limit set by Us, and You will pay any
amount over Your Credit Limit on Our demand whether or not We authorize the
CROSS-COLLATERAL AS SECURITY. Collateral (other than household
advances which caused You to exceed Your Credit Limit. Even if Your unpaid
goods or any dwelling used as Your principal residence) given as security
balance is less than Your Credit Limit, You will have no credit available during any
under this Agreement or for any other loan You may have with Us will
time that any aspect of Your Account is in default.
secure all amounts You owe Us now and in the future if that status is
reflected in the "Truth-in-Lending Disclosure" in any particular agreement
JOINT ACCOUNTS. Each Borrower will be responsible, individually and together,
evidencing such debt.
for the repayment of any amounts owed. If any Account access device, such as a
Personal Identification Number (PIN) is requested and approved, You understand
LIEN ON FUNDS DEPOSITED AS SECURITY. You acknowledge that You own any
that any such Account access device(s) will only be provided to the primary
certificates and/or funds pledged as security and that there are no other liens against
Borrower at the address that We have on file for You. We may refuse to follow any
them other than Ours. You agree to perform all acts which are necessary to make Our
instructions which run counter to this provision.
security interest in the certificates and/or funds being pledged enforceable.
MINIMUM MONTHLY PAYMENTS (PAYMENT SCHEDULE). Though You need
VISA PURCHASE MONEY SECURITY. For all purchase money transactions made
only pay the Minimum Monthly Payments, You understand that You have the
with Your Card, to the extent permitted by law, You grant Us a security interest in
right to repay at any time without penalty. You also understand that You will only
all such personal property purchased with such Card.
be charged periodic Finance Charges to the date You repay Your entire balance.
You may make larger payments without penalty. Any partial payment or
CONSENSUAL LIEN ON FUNDS DEPOSITED AS SECURITY. You grant and
prepayment will not delay Your next scheduled payment. All payments to Us
consent to a lien on Your funds on deposit with Us (except for IRA and
must be in lawful money of the United States. Except as required by law, We
Keogh accounts) and any dividends due or to become due to You from Us
may apply payments in an order of Our choosing. Any unpaid portion of the
to the extent You owe on any unpaid Credit Card. If such funds on deposit
Finance Charge will be paid by subsequent payments and will not be added to
or dividends due are owned jointly, Our right of set-off and Our consensual
Your principal balance. You understand that any delay in the repayment of Your
lien extends to any amount owed to Us by any of the joint owners.
unpaid balance will increase Your periodic Finance Charges and any
acceleration in the repayment of Your unpaid balance will decrease Your
periodic Finance Charges.
You agree to pay Your minimum monthly payment, which will be established at the
close of each billing cycle. The minimum monthly payment will be 2.00% of Your
Copyright Oak Tree Business Systems, Inc., 2008-2017. All Rights Reserved.
Page 2 of 4
OTBS 016CC RMAR (8/17)
outstanding balance or $20.00, whichever is greater, plus any amounts past due
DEFAULT. You will be in default if: (a) You do not make any payment when due; or (b)
and any overlimit amounts. If Your outstanding balance is less than $20.00, You
You exceed Your Credit Limit; or (c) You fail to perform any obligation under this
agree to pay the balance in full.
Agreement, or any other agreement that You may have with Us; or (d) You should die,
become involved in any bankruptcy, receivership or custodial proceeding filed by or
You may, by separate agreement, authorize Us to charge Your payment directly to
against You; or (e) You have made a false or misleading statement in Your credit
Your savings or checking account.
application and/or in Your representations to Us while You owe money on Your
Account; or (f) A judgment or tax lien should be filed against You or any attachment or
FINANCE CHARGES. In the case of any transactions, the balances subject to the
garnishment should be issued against any of Your property or rights, specifically
periodic Finance Charge are the separate average daily transactions balances
including anyone starting an action or proceeding to seize any of Your funds on
outstanding during the month (including new transactions) for purchases, cash advances
deposit with Us; and/or (g) We believe, in good faith, that Your ability to repay Your
and balance transfers. To get each average daily balance, We take the beginning
indebtedness hereunder is or soon will be impaired, time being of the very essence.
balance for purchases, cash advances and balance transfers each day, add any new
transactions for purchases, cash advances and balance transfers (costs for debt
Upon any occurrence of default, We may, to the extent permitted by law, cancel
cancellation coverage, debit adjustments or other charges, such as collection expenses,
Your rights under this Agreement, require the return of all access devices and
as applicable) and subtract any payments, credits and unpaid Finance Charges. This
declare the entire balance of Your Account immediately due and payable, without
gives Us the daily balance(s) for purchases, cash advances and balance transfers. Then,
prior notice or demand.
We add up the separate daily balances for purchases, cash advances and balance
transfers for the billing cycle and divide them by the number of days in the billing cycle to
COLLECTION COSTS. In the event collection efforts are required to obtain
arrive at the separate average daily transactions balances for purchases, cash advances
payment on this Account, to the extent permitted by law, You agree to pay all court
and balance transfers. The Finance Charge for a billing cycle is computed by multiplying
costs, private process server fees, investigation fees or other costs incurred in
each average daily balance subject to a Finance Charge by the applicable Daily Periodic
collection and reasonable attorneys' fees incurred in the course of collecting any
Rate times the number of days in the billing cycle, and the sum is the amount of the
amounts owed under this Agreement or in the recovery of any Collateral.
Finance Charge owed for the billing cycle being accounted for.
ENFORCEMENT. We do not lose Our rights under this or any related agreement if
Your due date is at least 25 days after the close of each billing cycle. You can
We delay enforcing them. We can accept late payments, partial payments or any
avoid Finance Charges on purchases by paying the full amount of the entire
other payments, even if they are marked "paid in full" without losing any of Our
balance owed each month by the payment due date. Otherwise, the new balance of
rights under this Agreement. If any provision of this or any related agreement is
purchases, and subsequent purchases from the date they are posted to Your
determined to be unenforceable or invalid, all other provisions remain in full force
Account, will be subject to a Finance Charge. Cash advances and balance
and effect.
transfers are always subject to a Finance Charge from the later of the date they are
posted to Your Account or from the first day of the billing cycle in which the
NOTIFICATION OF ADDRESS CHANGE. You will notify Us promptly if You move
transaction is posted to Your Account.
or otherwise have a change of address.
REWARDS VISA VARIABLE RATE. Your Account is subject to a Variable Rate that
CHANGE IN TERMS. We may change the terms of this Agreement by mailing or
is based on the highest Prime Rate as published in The Wall Street Journal in effect
delivering to You written notice of the changes as prescribed by the Federal Truth-
on the 15th day of each calendar month ("Index") plus Our Margin. The Index plus the
In-Lending Act. To the extent permitted by law, the right to change the terms of this
Margin equals the Interest Rate. Changes in the Index will cause changes in the
Agreement includes, but is not limited to, the right to change the periodic rate
Interest Rate on the 1st day of the billing cycle that immediately follows a change in
applicable to Your unpaid balance and/or future advances.
the Index. Increases or decreases in the Interest Rate will cause like increases or
decreases in the Finance Charge and will affect the number of Your regularly
DEBT PROTECTION. Debt protection is not required for any extension of credit
scheduled payments. Your Interest Rate will never exceed the maximum permitted by
under this Agreement. However, You may purchase any debt protection
law, and will apply to Your remaining principal balance.
available through Us and have the costs added to Your outstanding balance. If
You elect to do so, You will be given the necessary disclosures and documents
OVERDRAFT PROTECTION. We may transfer funds in the amount necessary (or in
separately.
such increments as We may from time to time determine) to Your checking account
by an advance on Your Account, subject to this provision and any preference You
INTEGRATED DOCUMENTS. Any separate sheet of paper which is delivered
have indicated to Us for clearing any overdraft on Your checking account. Whether or
together with this Agreement or at a later date becomes an integrated part of this
not such transfers occur will be controlled by this Agreement. In any event, You hold
Agreement and Disclosure.
Us harmless for any and all liability which might otherwise arise if the transfer does not
occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or
CONSENT TO AGREEMENT. You acknowledge receipt of a copy of this
terminated or Your Account is in default.
Agreement. By signing the application; or by using Your Account or any Account
access device; or by authorizing another to use Your Account, You agree to and
As disclosed to You previously, all owners of accounts owned jointly are liable for any
accept its terms.
overdrafts that may occur on those accounts, regardless of whether or not a benefit
occurred and checks cashed against any such account are subject to collectibility from
UPDATING AND DISCLOSING FINANCIAL INFORMATION. You will provide
that account if returned unpaid. All of which means that if this overdraft protection
facts to update information contained in Your original Account application or
function is attached to an account owned jointly, then overdraft transfers will be made
other financial information related to You, at Our request. You also agree that
even if You are not the party that caused the overdraft to occur in the first place.
We may, from time to time, as We deem necessary, make inquiries pertaining to
Your employment, credit standing and financial responsibility in accordance with
PERIODIC STATEMENTS. On a regular basis, You will receive a statement showing
applicable laws and regulations. You further agree that We may give information
all transactions on Your Account including amounts paid and borrowed since Your last
about the status and payment history of Your Account to consumer credit
statement. We will mail You a statement each month in which there is a debit or credit
reporting agencies, a prospective employer or insurer, or a state or federal
balance or when a Finance Charge is imposed. We need not send You a statement if
licensing agency having any apparent legitimate business need for
We feel Your Account is uncollectible or if We have started collection proceedings
such information.
against You because You defaulted. EACH STATEMENT IS DEEMED TO BE A
CORRECT STATEMENT OF ACCOUNT UNLESS YOU ESTABLISH A BILLING
TERMINATION. Either You or We may cancel Your Account at any time, whether
ERROR PURSUANT TO THE FEDERAL TRUTH-IN-LENDING ACT.
or not You are in default. You will, in any case, remain liable to pay any unpaid
balances according to the terms of Your Account.
OUR RESPONSIBILITIES TO HONOR CONVENIENCE CHECKS. We are under
no obligation to honor Your Convenience Checks if: (1) by paying a Convenience
OWNERSHIP. Your Card remains Our property and may be cancelled by Us at any
Check You would exceed Your Credit Limit; (2) Your Convenience Check is post-
time without notice. You agree to surrender Your Card and to discontinue its use
dated. We are not responsible, however, if any such Convenience Check is
immediately upon Our request.
honored and, as a result, any other Convenience Check is returned unpaid; (3)
Your Convenience Checks have been reported lost or stolen; (4) Your
ISSUANCE OF A PERSONAL IDENTIFICATION NUMBER. We will issue,
Convenience Check is not signed by a Borrower under this Agreement; (5) Your
upon Your request, a Personal Identification Number (PIN) for use with
Account has been cancelled or terminated as provided for in this Agreement; (6)
participating Automated Teller Machines (ATMs). This PIN is confidential and
Your Convenience Check is written for an amount less than the minimum required
should not be disclosed to anyone. You may use Your PIN to access Your
amount; and/or (7) Your Convenience Check is payable to the Credit Union and
Account and all sums advanced will be added to Your Account balance. In the
represents payment on the Account that it is drawn on. You may be able to stop
event a use of Your PIN constitutes an Electronic Fund Transfer, the terms
payment of a Convenience Check by contacting a Credit Union representative and
and conditions of Your Electronic Fund Transfer Agreement may also affect
following the directions that are provided.
Your rights.
Copyright Oak Tree Business Systems, Inc., 2008-2017. All Rights Reserved.
Page 3 of 4
OTBS 016CC RMAR (8/17)
EFFECT OF AGREEMENT. Even though the sales, cash advance, credit or other
Account information: Your name and Account number.
slips You may sign or receive when using Your Card contain terms, this Agreement
Dollar amount: The dollar amount of the suspected error.
is the contract which solely applies to all transactions involving the Card.
Description of problem: If You think there is an error on Your bill, describe
what You believe is wrong and why You believe it is a mistake.
UNAUTHORIZED USE. You may be liable for the unauthorized use of Your Card.
You will not be liable for the unauthorized use that occurs after You notify Us of the
You must contact Us:
loss, theft, or possible unauthorized use by calling Us at (800) 452-8502 or (503)
626-6600, or by writing to Us at P.O. Box 4044, Beaverton, OR 97076-4044. In any
Within 60 days after the error appeared on Your statement.
case, Your liability will not exceed $50.00.
At least three business days before an automated payment is scheduled, if
You want to stop payment on the amount You think is wrong.
REFUSAL TO HONOR CARDS OR CONVENIENCE CHECKS. We are not liable
for the refusal or inability of merchants, financial institutions and others to
You must notify Us of any potential errors in writing. You may call Us, but if You do
accept the Cards or Convenience Checks, or electronic terminals to honor the
We are not required to investigate any potential errors and You may have to pay
Cards or complete a Card withdrawal, or for their retention of the Cards or
the amount in question.
Convenience Checks.
What Will Happen After We Receive Your Letter
FOREIGN TRANSACTIONS. For transactions initiated in foreign countries and
foreign currencies, the exchange rate between the transaction currency and the
When We receive Your letter, We must do two things:
billing currency (U.S. Dollars) will be: (a) a rate selected by VISA from the range of
rates available in wholesale currency markets for the applicable central processing
1)
Within 30 days of receiving Your letter, We must tell You that We received
date, which rate may vary from the rate VISA itself receives; or (b) the government-
Your letter. We will also tell You if We have already corrected the error.
mandated rate in effect for the applicable central processing date. For transactions
2)
Within 90 days of receiving Your letter, We must either correct the error or
that are initiated in a foreign currency, You will be charged 1.00% of the final
explain to You why We believe the bill is correct.
settlement amount. For transactions occurring in foreign countries and initiated in
U.S. Dollars, You will be charged 1.00% of the final settlement amount.
While We investigate whether or not there has been an error:
TRANSACTION SLIPS. Your monthly statement will identify that merchant,
We cannot try to collect the amount in question, or report You as delinquent
electronic terminal or financial institution at which transactions were made, but
on that amount.
sales, cash advances, credit or other slips cannot be returned with the statement.
The charge in question may remain on Your statement, and We may continue
to charge You interest on that amount.
LATE CHARGE. If Your payment is more than ten days late, You will be charged
While You do not have to pay the amount in question, You are responsible for
$25.00 or the amount of the minimum payment due, whichever is less.
the remainder of Your balance.
We can apply any unpaid amount against Your Credit Limit.
OTHER FEES AND CHARGES. You will be charged the following fees associated
with the use of Your Card: (a) $25.00 for any check (or other negotiable instrument
After We finish Our investigation, one of two things will happen:
used for payment) which is returned unpaid, or the required minimum payment amount
for the returned payment, whichever is less; (b) $5.00 for each replacement Card You
If We made a mistake: You will not have to pay the amount in question or any
request; (c) $10.00 for each statement or sales draft copy that You request; (d) $25.00
interest or other fees related to that amount.
each time You request that We deliver an item on an expedited basis; and (e) $65.00
If
We do not believe there was a mistake: You will have to pay the amount
each time You fail to return to Us any Cards that are in Your possession after reporting
in question, along with applicable interest and fees. We will send You a
a lost or stolen Card, or in the event We terminate Your credit privileges.
statement of the amount You owe and the date payment is due. We may
then report You as delinquent if You do not pay the amount We think
LOST CARDS OR CONVENIENCE CHECKS. To report lost or stolen Credit Cards
You owe.
or Convenience Checks, You will immediately call Us at (800) 452-8502 or (503)
626-6600, or write to Us at P.O. Box 4044, Beaverton, OR 97076-4044.
If You receive Our explanation but still believe Your bill is wrong, You must write to
Us within 10 days telling Us that You still refuse to pay. If You do so, We cannot
CREDITS. If a merchant who honors Your Card gives You credit for returns or
report You as delinquent without also reporting that You are questioning Your bill.
adjustments, they will do so by sending Us a slip which will be posted to Your
We must tell You the name of anyone to whom we reported You as delinquent, and
Account. If Your credits and payments exceed what You owe Us, We will hold
We must let those organizations know when the matter has been settled between
and apply this credit against future purchases and cash advances, or if it is $1.00
Us. If We do not follow all of the rules above, You do not have to pay the first
or more refund it on Your written request or automatically deposit it to Your savings
$50.00 of the amount You question even if Your bill is correct.
account after six months.
Your Rights If You Are Dissatisfied With Your Credit Card Purchases
CONTACT METHODS. You understand and agree that to the extent permitted by
applicable law and as an express condition of Our providing the credit represented
If You are dissatisfied with the goods or services that You have purchased with
by this Agreement, We may choose to contact You at any wireless, cellular, mobile
Your Credit Card, and You have tried in good faith to correct the problem with
or other phone number that You provide or any other number We may obtain. You
the merchant, You may have the right not to pay the remaining amount due on
further understand and agree that subject to applicable law, We may contact You
the purchase. To use this right, all of the following must be true:
using any other means We choose, including but not limited to text messaging,
artificial or prerecorded voice messages and automatic dialing technology. Without
1)
The purchase must have been made in Your home state or within 100
limitation, You agree to pay all costs that You may incur as a result of the contact
miles of Your current mailing address, and the purchase price must have
method We choose.
been more than $50.00. (Note: Neither of these are necessary if Your
purchase was based on an advertisement We mailed to You, or if We own
GOVERNING LAW. This Agreement is controlled and governed by the laws of the
the company that sold You the goods or services.)
State of Oregon except to the extent that such laws are inconsistent with controlling
2)
You must have used Your Credit Card for the purchase. Purchases made
federal law.
with cash advances from an ATM or with a check that accesses Your
Credit Card account do not qualify.
Your Billing Rights: Keep this Document for Future Use
3) You must not yet have fully paid for the purchase.
This notice tells You about Your rights and Our responsibilities under the Fair
If all of the criteria above are met and You are still dissatisfied with the
Credit Billing Act.
purchase, contact Us in writing at Our address shown in this Agreement.
What To Do If You Find A Mistake On Your Statement
While We investigate, the same rules apply to the disputed amount as
discussed above. After We finish Our investigation, We will tell You Our
If You think there is an error on Your statement, write to Us at Our address shown
decision. At the point, if We think You owe an amount and You do not pay, We
in this Agreement. In Your letter, give us the following information:
may report You as delinquent.
Copyright Oak Tree Business Systems, Inc., 2008-2017. All Rights Reserved.
Page 4 of 4
OTBS 016CC RMAR (8/17)
Rivermark
REWARDS VISA
COMMUNITY CREDIT UNION
Interest Rates and Interest Charges
11.75% - 22.25%
Annual Percentage Rate
(APR) for Purchases
Your APR is based on your creditworthiness at the time you open your account. The
APR will vary based on the Prime Rate as published in The Wall Street Journal.
APR for Balance Transfers
11.75% - 22.25%
APR for Cash Advances
11.75% - 22.25%
Penalty APR
None
How to Avoid Paying
Your due date is at least 25 days after the close of each billing cycle. We will not
Interest on Purchases
charge you any interest on purchases if you pay your entire balance by the due date
each month.
Minimum Interest Charge
None
For Credit Card Tips from
To learn more about factors to consider when applying for or using a credit
the Consumer Financial
card, visit the website of the Consumer Financial Protection Bureau at
Protection Bureau
http://www.consumerfinance.gov/learnmore.
Fees
Annual Fee
None
Transaction Fees
Balance Transfer
None
Cash Advance
None
Foreign Transaction
1% of each transaction in U.S. dollars
Penalty Fees
Late Payment
Up to $25 after ten days
Over-the-Credit Limit
None
Returned Payment
Up to $25
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account
agreement.
always on
rivermarkcu.org 503.626.6600 800.452.8502
f
Rivermark
PLATINUM VISA
COMMUNITY CREDIT UNION
Interest Rates and Interest Charges
6.90% - 17.90%
Annual Percentage Rate
(APR) for Purchases
Your APR is based on your creditworthiness at the time you open your account.
APR for Balance Transfers
6.90% - 17.90%
APR for Cash Advances
6.90% - 17.90%
Penalty APR
None
How to Avoid Paying
Your due date is at least 25 days after the close of each billing cycle. We will not
Interest on Purchases
charge you any interest on purchases if you pay your entire balance by the due date
each month.
Minimum Interest Charge
None
For Credit Card Tips from
To learn more about factors to consider when applying for or using a credit
the Consumer Financial
card, visit the website of the Consumer Financial Protection Bureau at
Protection Bureau
http://www.consumerfinance.gov/learnmore
Fees
Annual Fee
None
Transaction Fees
Balance Transfer
None
Cash Advance
None
Foreign Transaction
1% of each transaction in U.S. dollars
Penalty Fees
Late Payment
Up to $25 after 10 days
Over-the-Credit Limit
None
Returned Payment
Up to $25
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account
agreement.
always on
rivermarkcu.org 503.626.6600 800.452.8502
f
Rivermark
SAVINGS SECURED PLATINUM VISA
COMMUNITY CREDIT UNION
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for
Purchases
10.90%
APR for Balance Transfers
10.90%
APR for Cash Advances
10.90%
Penalty APR
None
How to Avoid Paying Interest on
Your due date is at least 25 days after the close of each billing cycle. We
Purchases
will not charge you any interest on purchases if you pay your entire
balance by the due date each month.
Minimum Interest Charge
None
For Credit Card Tips from the
To learn more about factors to consider when applying for or using a
Consumer Financial Protection
credit card, visit the website of the Consumer Financial Protection
Bureau
Bureau at http://www.consumerfinance.gov/learnmore.
Fees
Annual Fee
None
Transaction Fees
Balance Transfer
None
Cash Advance
None
Foreign Transaction
1% of each transaction in U.S. dollars
Penalty Fees
Late Payment
Up to $25 after ten days
Over-the-Credit Limit
None
Returned Payment
Up to $25
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account
agreement.
always on
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