Arbor Financial Credit Union
1551 S. 9th Street
Kalamazoo, MI 49009
269-375-6702 or 800-442-7340
www.arborfcu.org

CREDIT CARD DISCLOSURES

IMPORTANT CREDIT CARD DISCLOSURES

The  following  disclosure  represents  important  details  concerning  your  credit  card.  The  information  about  costs  of  the  card  is 
accurate  as  of  _________________.  You  can  contact  us  toll  free  at  the  number  or  address  above  to  inquire  if  any  changes 
occurred since the effective date.

01/01/2022

INTEREST RATES and INTEREST CHARGES:

Rewards Visa Card

Advantage Visa Card

Annual Percentage Rate (APR)
for Purchases, Cash Advances,
& Balance Transfers

10.25
14.25

%,
%,
16.25

%,
%,
%, or

9.25
13.25
15.25
depending on your credit history. This
APR will vary with the market based on
the Prime Rate.

%

7.25
13.25

%,
%,
15.25

%,
%,
%, or

6.0
11.25
14.25
depending on your credit history. This
APR will vary with the market based on
the Prime Rate.

%

Paying Interest

Your due date is at least 21 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

• Balance Transfer:

• Cash Advance:

• Foreign Transaction:

Penalty Fees

• Late Payment:

• Over-the-Credit Limit:

• Returned Payment:

None

None

None

None

1% of each transaction in U.S. dollars if the transaction involves a currency conversion
1% of each transaction in U.S. dollars if the transaction does not involve a currency
conversion

Up to $25.00 if your payment is late 10 days or more
None

Up to $27.00 the first time your payment is returned for any reason. If a subsequent
payment is returned for any reason within the following 6 billing cycles, you will be
charged up to $35.00 for each returned payment.

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."