PRICING INFORMATION ADDENDUM 
CREDIT LINE ACCOUNT 
AGREEMENT AND DISCLOSURE

THIS  IS  YOUR  ADDENDUM  THAT  CONTAINS  PRICING  INFORMATION  FOR  YOUR  MASTERCARD,  STUDENT 
MASTERCARD,  SECURED  MASTERCARD,  PREMIER  PRIVILEGES  REWARDS  MASTERCARD,  AND  PREMIER 
FIRST REWARDS MASTERCARD CREDIT CARDS. PLEASE BE CERTAIN TO READ THIS ADDENDUM CAREFULLY 
AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR. 

Interest Rate and Interest Charges

Annual Percentage 
Rate (APR) For 
Purchases

Mastercard: 0.00% introductory APR for 6 months.

After that, Your APR will be 11.99% 3 18.99% based on Your creditworthiness and 
will vary with the market based on the Prime Rate.

Student Mastercard: 0.00% introductory APR for 6 months.

After that, Your APR will be 11.25% and will vary with the market based on the Prime Rate.

Secured Mastercard: 12.65% 3 19.65% based on Your creditworthiness.

This APR will vary with the market based on the Prime Rate.

Premier Privileges Rewards Mastercard: 0.00% introductory APR for 6 months.

After that, Your APR will be 10.99% 3 20.49% based on Your creditworthiness.

Annual Percentage 
Rate (APR) For 
Balance Transfers

Mastercard: 0.00% introductory APR for 6 months.

After that, Your APR will be 11.99% 3 18.99% based on Your creditworthiness and will vary with 
the market based on the Prime Rate.

Student Mastercard: 0.00% introductory APR for 6 months.

After that, Your APR will be 11.25% and will vary with the market based on the Prime Rate.

Secured Mastercard: 12.65% 3 19.65% based on Your creditworthiness.
This APR will vary with the market based on the Prime Rate.

Premier Privileges Rewards Mastercard: 0.00% introductory APR for 6 months.

After that, Your APR will be 10.99% 3 20.49% based on Your creditworthiness.

Annual Percentage 
Rate (APR) For Cash 
Advance

Mastercard: 0.00% introductory APR for 6 months.

After that, Your APR will be 11.99% 3 18.99% based on Your creditworthiness and will vary with 
the market based on the Prime Rate.

Student Mastercard: 0.00% introductory APR for 6 months.

After that, Your APR will be 11.25% and will vary with the market based on the Prime Rate.

Secured Mastercard: 12.65% 3 19.65% based on Your creditworthiness.
This APR will vary with the market based on the Prime Rate.

Premier Privileges Rewards Mastercard: 0.00% introductory APR for 6 months.

After that, Your APR will be 10.99% 3 20.49% based on Your creditworthiness.        

Paying Interest

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 all Feature
Categories  We  will  begin  charging  interest  on  balance  transfers  and  cash  advances  on  the 
transaction date.

Copyright Oak Tree Business Systems, Inc., 2014-2022. All Rights Reserved. 

Page 1 of 2

SEE PAGE 2 for more important information about Your Account 

      OTBS 016A FRB_Web PREM (5/22)
Rev. (5/22) 

Fees 

Transaction Fees

•

Foreign Transaction 

• Cash Advance

Penalty Fees

For Credit Cards (except Premier Privileges Rewards Mastercard), 1.00% of each foreign currency 
transaction in U.S. Dollars.
For Credit Cards (except Premier Privileges Rewards Mastercard), 1.00% of each U.S. Dollar 
transaction that occurs in a foreign country.
The greater of 3.00% of each transaction or $3.00.

•

Late Payment

Up to $15.00

How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See Your 
Account Agreement for details.

Billing  Rights:  Information  on  Your  rights  to  dispute  transactions  and  how  to  exercise  those  rights  is  provided  in  Your  
Account Agreement. 

SEE PAGE 1 for more important information about Your Account 

CREDIT CARD FINANCE CHARGES 
The balances subject to the periodic Finance Charge are the average daily balances outstanding during the billing cycle. The Finance Charge for a billing cycle is computed by 
applying the Daily Periodic Rate to the average daily balance during the billing cycle. To get the average daily balance, We take the beginning balance of Your Account each 
day, add any new purchases, balance transfers, cash advances, insurance premiums, debit adjustments and any applicable fees,  and subtract any payments, credits and 
unpaid Finance Charges or Late Fees. Then, We add up all the daily balances for the billing cycle and divide them by the number of days in the billing cycle which We multiply 
by the Daily Periodic Rate. These daily Finance Charges are then added together and the sum is the amount of Your total new Finance Charge due. 

You can avoid Finance Charges on purchases by paying the full amount of the entire balance owed each month within 25 days of Your statement closing date. Otherwise, the 
new balance of purchases, and subsequent purchases from the date they are posted to Your Account, will be subject to a Finance Charge. Balance transfers and cash advances 
are always subject to a Finance Charge from the later of the date they are posted to Your Account or from the first day of the billing cycle in which the transaction is posted to 
Your Account. 

Your Mastercard is subject to a discounted introductory Daily Periodic Rate of 0.000000% (corresponding to an ANNUAL PERCENTAGE RATE of 0.00%) for the initial six-
month  period.  Upon  the  expiration  of  the  introductory  rate  period,  Your  Daily  Periodic  Rate  will  increase  to  0.032850% -  0.052028%  (corresponding  to  an  ANNUAL 
PERCENTAGE RATE of 11.99% - 18.99%), depending on Your creditworthiness.

Your Student Mastercard is subject to a discounted introductory Daily Periodic Rate of 0.000000% (corresponding to an ANNUAL PERCENTAGE RATE of 0.00%) for the 
initial six-month period. Upon the expiration of the introductory rate period, Your Daily Periodic Rate will increase to 0.030822% (corresponding to an ANNUAL PERCENTAGE 
RATE of 11.25%).

Your  Daily  Periodic  Rate  for  Secured  Mastercard  is  0.034658% -  0.053836%  (corresponding  to  an  ANNUAL  PERCENTAGE  RATE  of  12.65% -  19.65%),  depending  on  
Your creditworthiness. 

Your Premier Privileges Rewards Mastercard is subject to a discounted introductory Daily Periodic Rate of 0.000000% (corresponding to an ANNUAL PERCENTAGE RATE 
of 0.00%) for the initial six-month period. Upon the expiration of the introductory rate period, Your Daily Periodic Rate will increase to 0.030109% - 0.056113% (corresponding 
to an ANNUAL PERCENTAGE RATE of 10.99% - 20.49%), depending on Your creditworthiness. 

VARIABLE RATE (EXCEPT PREMIER PRIVILEGES REWARDS MASTERCARD) 
Except Premier Privileges Rewards Mastercard, all advances are subject to a Variable Rate which is based on the Prime Rate as published in the Money Rates Section of The 
Wall Street Journal on the last day of Your previous billing cycle ("Index") plus Our Margin. The Index plus the Margin equals the Interest Rate. Changes in the Index will cause 
changes in the Interest Rate on the first day of the billing cycle following any such change in the Index. Increases or decreases in the Interest Rate will cause like increases or 
decreases in the Finance Charge and will affect the number of regularly scheduled payments that You will be required to make. There is no limit on the amount by which Your 
Interest Rate can increase. 

The Margin for Mastercard will range from 7.99 - 14.99 depending on Your creditworthiness. 

The Margin for Student Mastercard is 7.25.

The Margin for Secured Mastercard will range from 8.65 - 15.65 depending on Your creditworthiness. 

Copyright Oak Tree Business Systems, Inc., 2014-2022. All Rights Reserved. 

Page 2 of 2

      OTBS 016A FRB_Web PREM (5/22)
Rev. (5/22)