P.O. Box 123
Annapolis Junction, MD 20701-0123
301-497-7000   •   800-787-8328
towerfcu.org

IMPORTANT CREDIT CARD DISCLOSURES

Effective: 8/03/2020

Important Note: This document contains disclosures for all three of Tower Federal Credit Union's credit card products. Please 
ensure that you are reviewing the terms specific to the product for which you wish to apply.

1. World Mastercard.........................................Page 2
2. Gold Mastercard................................................Page 3
3. Empower Mastercard..............................................Page 4  

P.O. Box 123
Annapolis Junction, MD 20701-0123
301-497-7000   •   800-787-8328
towerfcu.org

APPLICATION AND SOLICITATION DISCLOSURE

WORLD MASTERCARD®

IMPORTANT CREDIT CARD DISCLOSURES

The following disclosure represents important details concerning your credit card. The information about costs of the 
card are accurate as of  July 1, 2020. You can contact us toll free at (800) 787-8328 or the address above to inquire if any 
changes occurred since the effective date.

INTEREST RATES and INTEREST CHARGES:

Annual Percentage Rate (APR)
for Purchases

APR for Cash Advances
and Balance Transfers

Paying Interest

Introductory APR for 12 months as of account opening.

1.99%
After that, your Standard APR will be
10.99% - 17.99%
the market based on the Prime Rate.

depending on your credit history. This APR will vary with

10.99% - 17.99%
based on the Prime Rate.

depending on your credit history. This APR will vary with the market

Your due  date  is  at  least  25  days  after  we  mail  your  billing  statement.  We  will  not
charge you interest on purchases if you pay your entire outstanding balance by the
due date each month. We will begin charging interest on cash advances and balance
transfers on the date the cash advance or balance transfer is posted to your account.

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:

Fees to Open or Maintain your
Account

- Annual Fee:
- Application Fee:

Transaction Fees

- Balance Transfer:
- Cash Advance:
- Foreign Transaction:

Penalty Fees

- Late Payment:
- Over-the-Credit Limit:
- Returned Payment:

None
None

None
2.00% of the amount of each cash advance (minimum: $0.75) 
None

Up to $25.00 if your payment is late 5 days or more.
None
Up to $20.00 if your payment is returned for any reason.

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."

Loss of Introductory Rate: We may end your Introductory Rate and apply the Standard APR disclosed above if you make a
late payment.

Other Fees: In addition to the fees disclosed above, the following fees may be imposed:

Statement Copy Fee:
Sales Draft Copy Fee:
Card Replacement Fee:

$2.00 per page up to a maximum of $5.00 per statement month.
$3.00
$5.00

9009 LASER FPDF FI1000602 10-2018

COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.

P.O. Box 123
Annapolis Junction, MD 20701-0123
301-497-7000   •   800-787-8328
towerfcu.org

APPLICATION AND SOLICITATION DISCLOSURE

GOLD MASTERCARD®

The following disclosure represents important details concerning your credit card. The information about costs of the card are
accurate  as  of  July  1,  2020.  You can  contact  us  toll  free  at  (800)  787-8328  or  the  address  above  to  inquire  if  any  changes
occurred since the effective date.

IMPORTANT CREDIT CARD DISCLOSURES

INTEREST RATES and INTEREST CHARGES:

Annual Percentage Rate (APR) for
Purchases, Balance Transfers, and Cash
Advances

10.90% - 15.90%
depending on your credit history.

Paying Interest

Your due date is at least 25 days after we mail your billing statement. We will
not charge you interest on purchases if you pay your entire new purchase
balance by the due date each month. We will begin charging interest on cash
advances and balance transfers on the date the cash advance or balance
transfer is posted to your account.

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:

Fees to Open or Maintain your Account

- Annual Fee:
- Application Fee:

Transaction Fees

None
None

- Balance Transfer:
- Cash Advance (ATM):
- Cash Advance (Over-the-Counter):
- Foreign Transaction:

None
$0.75 per cash advance
None
1.10% of each transaction in U.S. dollars if the transaction involves a currency
conversion

Penalty Fees

- Late Payment:
- Over-the-Credit Limit:
- Returned Payment:

Up to $20.00 if your payment is late 14 days or more
None
None

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."

Other Fees: In addition to the fees disclosed above, the following fees may be imposed:

Statement Copy Fee:
Sales Draft Copy Fee:
Card Replacement Fee:

$2.00 per page up to a maximum of $5.00 per statement month.
$3.00
$5.00

9009 LASER FPDF FI19184 Rev 4-2020

COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.

P.O. Box 123
Annapolis Junction, MD 20701-0123
301-497-7000   •   800-787-8328
towerfcu.org

APPLICATION AND SOLICITATION DISCLOSURE

EMPOWER MASTERCARD®

IMPORTANT CREDIT CARD DISCLOSURES

The following disclosure represents important details concerning your credit card. The information about costs of the card are
accurate  as  of  July  1,  2020.  You can  contact  us  toll  free  at  (800)  787-8328  or  the  address  above  to  inquire  if  any  changes
occurred since the effective date.

INTEREST RATES and INTEREST CHARGES:

Annual Percentage Rate (APR) for
Purchases and Cash Advances

APR for Balance Transfers*

Paying Interest

(cid:26)(cid:17)(cid:28)(cid:28) % -(cid:3)(cid:20)(cid:26)(cid:17)(cid:28)(cid:28) %
depending on your credit history. This APR will vary with the market based on(cid:3)
the Prime Rate.

0% Introductory APR for 6 months from the date of the transfer. After that, your(cid:3)
Standard APR will be (cid:26)(cid:17)(cid:28)(cid:28) % - (cid:20)(cid:26)(cid:17)(cid:28)(cid:28) % depending on your credit history. This(cid:3)
APR will vary with the market based on the Prime Rate.

Your due date is at least 25 days after we mail your billing statement. We will
not charge you interest on purchases if you pay your entire outstanding
balance by the due date each month. We will begin charging interest on cash
advances and balance transfers on the date the cash advance or balance
transfer is posted to your account.

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:

Fees to Open or Maintain your Account

- Annual Fee:
- Application Fee:

Transaction Fees

- Balance Transfer:
- Cash Advance:
- Foreign Transaction:

Penalty Fees

- Late Payment:
- Over-the-Credit Limit:
- Returned Payment:

None
None

2.50% of the amount of each transfer
2.50% of the amount of each cash advance (minimum: $0.75)
1.00% of each transaction in U.S. dollars if the transaction involves a currency
conversion

Up to $25.00 if your payment is late 5 days or more.
None
Up to $20.00 if your payment is returned for any reason.

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."

Loss of Introductory Rate: We may end your Introductory Rate and apply the Standard APR disclosed above if you make a
late payment.

*Introductory Rate is available only for balance transfers made within 60 days of account opening. Introductory Rate
does not apply to balances transferred from other Tower Federal Credit Union credit cards or loans.

Other Fees: In addition to the fees disclosed above, the following fees may be imposed:

Statement Copy Fee:
Sales Draft Copy Fee:
Card Replacement Fee:

$2.00 per page up to a maximum of $5.00 per statement month.
$3.00
$5.00

9009 LASER FPDF FI1001521 Rev 2-2021

COPYRIGHT 2009 Securian Financial Group, Inc. All rights reserved.