ESL Credit Card Information

M-111224 (02/14)

Interest Rates and Interest Charges

Annual Percentage 
Rate (APR) for 
Purchases

3.99% Introductory APR for six billing cycles following the 
account open date.
After that, between 9.98% - 17.99% based on your 
creditworthiness.  This APR will vary with the market based 
on the Prime Rate1.

APR for 
Balance Transfers

3.99% Introductory APR for six billing cycles following the 
account open date.

After that, between 9.98% - 17.99% based on your 
creditworthiness.  This APR will vary with the market based 
on the Prime Rate1.

APR for 
Cash Advances

3.99% Introductory APR for six billing cycles following the 
account open date.

Penalty APR and 
When it Applies

Paying Interest

After that, between 9.98% - 17.99% based on your 
creditworthiness.  This APR will vary with the market based 
on the Prime Rate1.

18.0%
This APR may be applied to your account if:
    1.  Your minimum monthly payment is not made for two  
         consecutive billing cycles.

How long will the Penalty APR Apply?  
If your APRs are increased for the reason above, the Penalty 
APR will be applied until the billing cycle after your past due 
status is corrected.

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.

Minimum Interest 
Charge

For Credit Card Tips 
from the Consumer 
Financial Protection 
Bureau

If you are charged interest, the charge will be no less than 
$.50.

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.

See reverse side for additional information.

Fees

Annual Fee

None

Transaction Fees
•	International  
 Service  Assessment

Penalty Fees

1% of transaction amount

•	Late Payment
•	Returned Payment

Up to $25.00
Up to $25.00

Other Fees

None

How we will calculate your balance
     We use a method called “average daily balance (including new purchases).”  See your  
     account agreement for more details.

Loss of Introductory APR
     We may end your Introductory APR and apply the Penalty APR if your minimum 
     monthly payment is not made for two consecutive billing cycles.

Billing Rights
     Information on your rights to dispute transactions and how to exercise those rights is 
     provided in your account agreement.

1: We add 6.73% - 14.74% to the Prime Rate to determine the Purchase, Balance Transfer and 
Cash Advance Rates.  As of 02/20/14, the Prime Rate was 3.25%.