UNIVERSITY BANK - VISA CREDIT CARD INTEREST RATES AND INTEREST CHARGES

Annual Percentage Rate(APR) for Purchases

APR for Balance Transfers

APR for Cash Advances

Penalty APR and When It Applies

7.25% - 12.25%
The interest rate will vary between 7.25% - 12.25% based on your creditworthiness.

This APR will vary with the market based on the Prime Rate.

7.25% - 12.25%
The interest rate will vary between 7.25% - 12.25% based on your creditworthiness.

This APR will vary with the market based on the Prime Rate.
7.25% - 12.25%
The interest rate will vary between 7.25% - 12.25% based on your creditworthiness.

This APR will vary with the market based on the Prime Rate.

25.00%
This APR may be applied to your account if you:
1) Make a late payment;
2) Go over your credit limit; or

3) Make a payment that is returned.

How Long Will the Penalty APR Apply? If your APRs are increased for any of these reasons, the Penalty 
APR will apply until you make six consecutive minimum payments when due.

How to Avoid Paying Interest on Purchases

Your due date is at least 25 days after close of each billing cycle. We will not charge you interest on 
purchases if you pay the entire balance by the due date each month.

Minimum Interest Charge

If you are charged periodic interest, the charge will be no less than $1.00.

For Credit Card Tips from the Consumer Financial 
Protection Bureau

Annual Fees
Transaction Fees

•        Balance Transfer
•        Cash Advance
•        Foreign Fees

Penalty Fees

•        Late Payment
•        Over-the-Credit-Line
•        Returned Payment

Other Fees

•        Replacement Card

•        Additional Card

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

$0.00 

Either $5.00 or 4.00% of the amount of each transfer, whichever is greater.
Either $0.00 or 0.00% of the amount of each transfer, whichever is greater.
3.00% of each transaction in U.S. Dollars.

Up to $25.00

Up to $25.00
Up to $25.00

$10.00/card

$10.00/card (Two cards are provided without charge)

•        Duplicate Statement or Document Copy
•        Expedited Delivery

$5.00/statement or document copy

Up to $50.00

How We Will Calculate Your Balance: We use a method called “average daily balance”. See your account agreement for further information regarding how we calculate 
your balance.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.

How We Will Calculate Your Variable APRs: We calculate variable APRs by adding a margin to the highest U.S. Prime Rate published in the Money Rates section of 
The Wall Street Journal two business days (not weekends or federal holidays) before the closing date shown on your billing statement. The APR may increase or 
decrease each month if the Prime Rate changes. Any new rate will be applied as of the first day of your billing cycle during which the Prime Rate has changed. If the APR 
increases, you will pay a higher interest charge and may pay a higher minimum payment. The Prime Rate is simply a reference index and is not the lowest interest rate 
available. If The Wall Street Journal stops publishing the Prime Rate, we will select a similar reference rate.

Prime Rate: Variable APRs are based on the Wall Street Journal Prime Rate of 4.25% as of June 15, 2017.

Contact for Updates: The information about the costs of the credit card described in this application is current as of June 15, 2017. This information may have changed 
after that date. To find out what may have changed, please call us at 1-800-368-7987 or email us at branch@university-bank.com.