“IMPORTANT INFORMATION REGARDING YOUR ACCOUNT”
Retain this document as it is an important part of your Truth-In-Lending Disclosure Statement and contract.

Interest Rates and Interest Charges

Annual Percentage Rate (APR) 
for Purchases

VISA PLATINUM
7.25%, 10.25%, or 14.25%, when you open your account, based on your creditworthiness. 
This APR will vary with the market based on the Prime Rate.

APR for Balance Transfers 

2.80% Introductory APR until November 30, 2014.

After that your APR will be 10.25%, 14.25%, or 18.00% based on your creditworthiness.  This APR will vary with 
the market based on the Prime Rate.

APR for Cash Advances

10.25%, 14.25%, or 18.00% when you open your account, based on your creditworthiness. This APR will vary 
with the market based on the Prime Rate.

APR for Overdraft Advance 
Transfers

10.25%, 14.25%, or 18.00% when you open your account, based on your creditworthiness.  This APR will 
vary with the market based on the Prime Rate.

Penalty APR

18.0%
This APR may be applied to your account if you:

- Make a late payment

How Long Will the Penalty APR Apply?: If your APRs are increased for this reason, the Penalty APR will apply 
until you make six (6) consecutive minimum payments when due.

How to Avoid Paying Interest 
on Purchases

 Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on 
purchases if you pay your entire balance by the due date each month.

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

Annual Fee

Transaction Fees

• Balance Transfer Fee
• Cash Advance Fee
• Foreign Transaction Fees

Penalty Fees

• Late Payment Fee
• Returned Payment Fee

None

None
None
3.00% of each transaction in U.S. dollars.

Up to $25.00  
Up to $25.00

Check Stop Payment Fee 
How We Will Calculate Your Balance

$26 for each check or group of checks.

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.

This information is valid as of 3/1/14, but is subject to change after that date. Contact the credit union at 810-244-2200 or toll-free 800-748-0451 for changes in these terms since it was published.

How We Will Calculate Your Balance. We use a method called "average daily balance (including new purchases)."

Promotional Period for Introductory APR. The Introductory APR for balance transfers will apply to transactions posted to your 
account from March 1, 2014 until May 31, 2014.

Loss of Introductory APR. We may end your Introductory APR for balance tarnsfers and apply the Penalty APR if you are 60 days 
late in making a payment.

Effective Date. The information above the costs of the card described in this application is accurate as of March 1, 2014. This 
information may have changed after that date. To find out what may have changed, contact the Credit Union.

OTHER DISCLOSURES 
Late Payment Fee. $25.00 or the amount of the required minimum payment, whichever is less, if your payment has not been 
received by the third calendar day of the month following the date that your payment is due.

Returned Payment Fee. $25.00 or the amount of the required minimum payment, whichever is less.
Document Copy Fee. $5.00
Emergency Card Replacement Fee. $85.00
Pay-by-Phone Fee. $9.95
Recurring ACH Fee. $6.00 

Rev. 3/1/14