Disclosure 
MasterCard Gold PUNTOS  

INTEREST RATES AND INTEREST CHARGES 

Annual Percentage Rate (APR) for Purchases of 
Goods and Services 

APR for Balance Transfers of Other Financial 
Institutions 

1.99% Introductory APR for the first 6 months from the date the card is issued.  After 
that, your APR will be from 9.70% to 19.70% based on your creditworthiness 
and subject to other credit requirements established by Oriental Bank (“Oriental”). This APR 
will vary with the market based on the U.S. Prime Rate (“Prime Rate”).1 
1.99% Introductory APR for the first 6 months from the date the card is issued.  After that, 
your APR will be from 9.70% to 19.70% based on your creditworthiness and subject to other 
credit requirements established by Oriental. This APR will vary with the market based on 
the Prime Rate.1 

APR for Cash Advances 

22.74%, this APR will vary with the market based on the Prime Rate. 

Penalty Rate and when it Applies 

Paying Interest  

29.99% 

This APR will apply if you make a late payment.2   

How Long Will the Penalty APR Apply? If your APRs are increased for this reason, the 
Penalty Rate will remain in effect until the account becomes current and the Bank receives 
6 consecutive required minimum payments on or before their due dates. 

Your due date is at least 21 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 of each month. 
However, we will begin charging interest on cash advances and balance transfers from the 
disbursement date of these transactions.  

Minimum Interest Charge 

If you are charged interest, the charge will be no less than $1.50. 

For Credit Card Tips from the Consumer Financial 
Protection Bureau (“CFPB”) 

To learn more about factors to consider when applying for or using a credit card, visit the 
website of the CFPB  at https://www.consumerfinance.gov/learnmore 

FEES 

Annual Fees  

Transactional Fees 

• 

Cash Advances (including Balance 
Transfers). 

• 

Foreign Transactions  

Penalty Fees  

• 
• 

Late Payment Fee  
Returned Check  Fee   

No Annual Fee for the first year, after that $25 yearly. 
$10 Additional Card Issuance Fee Per Card (If applicable)  

2% of the amount of each transaction (minimum $2.00; maximum $10.00) 

1% of each transaction in U.S. dollars  

Up to $35.00 
$10.00 

How We Will Calculate Your Balance: We use a method called “Average Daily Balance (including new purchases)”.  

Loss of introductory APR: We may end your introductory APR and apply the Penalty APR if you make a late payment.   

1 Prime Rate: The abovementioned variable rates are accurate based on a 3.25% Prime Rate.  We added a margin of 
6.45% to 16.45% to the Prime Rate in order to determine the Purchase of Goods/Services and Balances Transfers APRs.   

2 Late payment means when a minimum payment is not received within a period of 60 consecutive days from its payment 
due date. 

Disclosed  information  about  applicable  rates,  APRs  and  charges  of  the  MasterCard  Gold  PUNTOS  is  accurate  as  of 
March 2020.  This information may have changed. For updated information in connection with this card you can write us 
at P.O. Box 195115, San Juan, P.R., 00919-5115 or call us at 1.800.981.5554. 

Oriental Bank is Member FDIC