PENNSYLVANIA STATE
EMPLOYEES CREDIT UNION
P.O. Box 67012
Harrisburg, PA 17106
800.237.7328  •  PSECU.COM

APPLICATION AND 
SOLICITATION 
DISCLOSURE  

PSECU VISA FOUNDER'S CARD 

Interest Rates and Interest Charges 
Annual Percentage Rate (APR) for 
Purchases 

13.65%

APR for Balance Transfers 

3.90% Introductory APR until December 31, 2019.

 This APR will vary with the market based on the Prime Rate. 

APR for Cash Advances 

After that, your APR will be 13.65%. This APR will vary with the market 
based on the Prime Rate. 
13.65%

How to Avoid Paying Interest on 
Purchases  

Minimum Interest Charge 
For Credit Card Tips from the 
Consumer Financial Protection Bureau 

This APR will vary with the market based on the Prime Rate. 
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.   
None 
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 
Set-up and Maintenance Fees 
- Annual Fee
- Account Set-up Fee
- Program Fee
- Participation Fee
- Additional Card Fee
- Application Fee

Transaction Fees 
- Balance Transfer Fee
- Cash Advance Fee
- Foreign Transaction Fee
- Transaction Fee for Purchases
Penalty Fees 
- Late Payment Fee
- Over-the-Credit Limit Fee
- Returned Payment Fee

None 
None 
None 
None 
None 
None 

None 
None 
None 
None 

Up to $27.00 
None 
None 

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  01/01/2018
until 12/31/2018.  Any existing balances on  Pennsylvania  State Employees Credit  Union loan  or credit card accounts
are  not eligible for the Introductory APR for balance transfers.

© CUNA Mutual Group 2009, 10, 12, 16 All Rights Reserved

©PSECU Form #3895 REV 1/2018 V1.0

03720921-MXC10-C-2-091417 (MXC101-E)

  
 
Effective Date: 
The information about the costs of the card described in this application is accurate as of: September 14, 2017 
This information may have changed after that date. To find out what may have changed, contact the Credit Union. 

For California Borrowers, the PSECU Visa Founder's Card  may be a secured credit card. Credit extended under 
this credit card account may be secured by various personal property and money including, but not limited to: (a) 
any goods you purchase with this account, (b) any shares you specifically pledge as collateral for this account 
on a separate Pledge of Shares, (c) all shares you have in any individual or joint account with the Credit Union 
excluding  shares  in  an  Individual  Retirement  Account  or  in  any  other  account  that  would  lose  special  tax 
treatment  under  state  or  federal  law,  and  (d)  collateral  securing  other  loans  you  have  with  the  Credit  Union 
excluding  dwellings.  Notwithstanding the  foregoing,  you  acknowledge  and  agree  that  during  any  periods  when 
you  are  a  covered  borrower  under  the  Military  Lending  Act  your  credit  card  will  be  secured  by  any  specific 
Pledge of Shares you grant us but will not be secured by all shares you have in any individual or joint account 
with the Credit Union. For clarity, you will not be deemed a covered borrower if: (i) you establish your credit card 
account when you are not a covered borrower; or (ii) you cease to be a covered borrower.  

Other Fees & Disclosures: 
Late Payment Fee: 
$27.00 or the amount of the required minimum payment, whichever is less, if you are one or more days late in making a 
payment.  

PIN Replacement Fee: 
None.  

Rush Fee: 
$40.00. 

Unreturned Card Fee: 
None.  

Collection Costs: 
You agree to pay all costs of collecting the amount You owe under this Agreement, including court costs and reasonable 
attorney's fees. 

Periodic Rates: 
The Purchase APR is 13.65% which is a monthly periodic rate of 1.1375%.
The Introductory Balance Transfer APR is 3.90% which is a monthly periodic rate of 0.3250%.
The Balance Transfer APR is 13.65% which is a monthly periodic rate of 1.1375%.
The Cash Advance APR is 13.65% which is a monthly periodic rate of 1.1375%.

Variable Rate: 

The ANNUAL PERCENTAGE RATE may increase in the future. The ANNUAL PERCENTAGE RATE is subject to change 
on the first day of the billing cycle monthly to reflect any change in the Index and will be determined by the Prime Rate on 
1st  day  of  each  calendar  month,  to  which We  add  a margin.  The  ANNUAL  PERCENTAGE  RATE  will  never  be  greater 
than 18.00%. Any increase in the ANNUAL PERCENTAGE RATE will result in an increase in the amount of the interest 
You will pay, may increase Your minimum payment, and may increase the number of payments to pay off Your balance. If 
the Index is no longer available, the Credit Union will choose a new index which is based upon comparable information. 

Margin: 
Purchases will be charged at 9.15% above the Index. 
Balance Transfers will be charged at 9.15% above the Index. 
Cash Advances will be charged at 9.15% above the Index. 

© CUNA Mutual Group 2009, 10, 12, 16 All Rights Reserved

03720921-MXC10-C-2-091417 (MXC101-E)