Interest Rates and Interest Charges

VISA® PLATINUM AND VISA® SECURED PLATINUM 
APPLICATION AND SOLICITATION DISCLOSURE

Annual Percentage Rate
(APR) for Purchases

2.99% Introductory APR for a period of twelve (12) billing cycles. When the discounted period expires, the APR on existing 

balances will increase to the new non-discount rate on the first day of the billing cycle. 

Visa Platinum

After that, your APR will be 8.99% to 17.99%  based on your creditworthiness.  

Visa Secured Platinum 

2.99% Introductory APR for a period of twelve (12) billing cycles. When the discounted period expires, the APR on existing 

balances will increase to the new non-discount rate on the first day of the billing cycle. 

After that, your APR will be 8.99% to 17.99% based on your creditworthiness.  

APR for Cash Advances 

Visa Platinum

2.99% Introductory APR for a period of twelve (12) billing cycles. When the discounted period expires, the APR on existing 
balances will increase to the new non-discount rate on the first day of the billing cycle. 

After that, your APR will be 8.99% to 17.99% based on your creditworthiness.  

Visa Secured Platinum

2.99% Introductory APR for a period of twelve (12) billing cycles. When the discounted period expires, the APR on existing 
balances will increase to the new non-discount rate on the first day of the billing cycle. 
After that, your APR will be 8.99% to 17.99% based on your creditworthiness.  

APR for Balance Transfers 

Visa Platinum

2.99% Introductory APR for a period of twelve (12) billing cycles. When the discounted period expires, the APR on existing 
balances will increase to the new non-discount rate on the first day of the billing cycle.  
After that, your APR will be 8.99% to 17.99% based on your creditworthiness.  

2.99% Introductory APR for a period of twelve (12) billing cycles. When the discounted period expires, the APR on existing 
balances will increase to the new non-discount rate on the first day of the billing cycle. 
After that, your APR will be 8.99% to 17.99% based on your creditworthiness.  

Visa Secured Platinum  

Penalty APR and When 
It Applies

17.99% 

This APR may be applied to your account if you:
1. Make a late payment two times in a six-month period.

Minimum Interest Charge

None

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 by the due date as shown in your monthly statement.  

Paying Interest

For Credit Card Tips from 
the Consumer Financial 
Protection Bureau

Fees

Your due date is at least 25 days after the close of each billing cycle. We do not charge you any 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. 

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. 

Annual Fee

None

Transaction Fees

   • Balance Transfer

   • Cash Advance

$2.00 or 2.00% of the amount of each balance transfer, whichever is greater

$2.00 or 2.00% of the amount of each cash advance, whichever is greater

   • Foreign Transaction

1.00% of each transaction in U.S. dollars.

Penalty Fees

   • Late Payment

   • Returned Payment Fee

$25

$32

How We Will Calculate Your Balance. We use a method called “average daily balance.” 

Loss of Introductory APR. We may end your Introductory APR if you make a late payment two times in a six-month period. With the loss of your introductory APR, your APR will 
be the Penalty APR of 17.99%, based on certain creditworthiness criteria. 

Application of Penalty APR. Your APR may be increased to the disclosed Penalty APR if you make a late payment two times in a six-month period.

Effective Date. The information about the costs of the card described in this disclosure are accurate as of January 1, 2015. This information may have changed after that 
date. To find out what may have changed, contact the Credit Union.