7/8/2019

Become a Member (/open-account) | Apply for a Loan (/products-services/loans/online-loan-applications) | Video Library (http://www.members1st.tv) | El Poder es Tuyo ¡Administra tu Dinero! (/el-poder-es-

Visa Platinum Secured | Members 1st Federal Credit Union

tuyo) | Locations (/contact-us/branch-atm-locator) | Careers (/about-us/careers-opportunities)

(/)

We Put Our Members First.

INVESTMENT SERVICES (https://www.members1stinvestments.com)

RESOURCES (/learn)

PRODUCTS & SERVICES (/products-services)

MEMBERSHIP & BENEFITS (/membership-benefits)

BUSINESS (/products-services/business-services)

CONTACT US (/contact-us)

HOME (/)

LEARN (/LEARN)

RATES CENTER (/LEARN/RATES-CENTER)

VISA PLATINUM SECURED

Visa Platinum  Secured

®

APPLY FOR A VISA CREDIT CARD (/products-services/loans/online-loan-applications)

Our options include:

Visa Platinum  Points Choice Rewards Credit Card (/learn/rates-center/visa-platinum-points-choice-rewards)

®

Visa Platinum  Rewards (/learn/rates-center/visa-platinum-rewards)

®

Visa Platinum  Secured – See Below

®

Visa Platinum  Low Rate (/learn/rates-center/visa-platinum-low-rate)

®

Visa Signature  Rewards (/learn/rates-center/visa-signature-rewards)

®

Visa Platinum  Secured Account Disclosures

®

Annual Percentage Rates (APR) for Purchases

APR for Balance Transfers

APR for Cash Advances

18.00%.
18.00%.
18.00%.

INTEREST RATE AND INTEREST CHARGES

Card Service
services

(/products-
services/card-
services/visa-
credit-cards)

(/produ
service
service
card)

(/products-
services/loans/online-
loan-applications)

(/produ
service
service
cards)

 Need Great Advice? 

To reach our C
(800) 283-232
(tel:+1800283

Contact Us (/c

Find a Branch
locator)

How to Avoid Paying Interest on Purchases

Your due date is approximately twenty-five (25) days after the close of each billing cycle. We will not charge you 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 posting date.

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 (http://www.consumerfinance.gov/learnmore).

 Today's Rates (/)

Certificate Specia
Offer

Annual Fee

Balance Transfer Fees

Cash Advance Fees

Foreign Transaction Fees

ATM Transaction

Late Payments

Over Limit Fee (Opt In)

Return Payment Fee

Card Replacement Fee

Returned Statement

Transaction Fees

$25.00

1.0% of the amount of each balance transfer.

1.0% of the amount of each transaction at Over-the-Counter or Cash Equivalent.

None

1.0% of the amount of each transaction at ATMs

Penalty Fees

Up to twenty-seven dollars ($27.00) the first time, any subsequent violation within six (6) months up to thirty-seven dollars
($37.00). This applies to payments received after five (5) days from the due date.

Up to $15.00

Up to $20.00

$10.00

Other Fees

You will be charged one dollar ($1.00) for each monthly billing statement that is returned.

Home Equity
Freedom

Visa Balance
Transfer

Copies of Visa Transaction Receipts and
Statements

You will be charged three dollars ($3.00) for each copy you request of a receipt for any purchase, credit, Cash Advance, or of a
monthly billing statement (except in connection with the resolution of a billing error).

*APR=Annual Percentage R

How We Will Calculate Your Balance: We use a method called "average daily balance" (Including new purchases). See your account agreement for further information regarding how
we calculate your balance.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided on your monthly account statement.

https://www.members1st.org/learn/rates-center/visa-platinum-secured

See

(/learn
Apply

(/

1/3

 
 
®

7/8/2019
Minimum Deposit Requirement: In order to open this Secured Credit Card Account, a minimum deposit equal to the card credit limit is required as security for a Members 1st Visa
Platinum  Secured Credit Card. The minimum average balance to earn Annual Percentage Yield (APY) is $500.00. 
Maximum Deposit Amount: The maximum deposit requirement is the lesser of the credit card credit limit or $5,000.00. Deposits exceeding the amount of the card credit limit are not
permitted to the Secured Card Savings Account. 
Account Graduation: The Members 1st FCU VISA Platinum  Secured Credit Card offers cardholders who have demonstrated 24 months of continuous on time payments without any
derogatories the ability to convert their Secured Credit Card to any other unsecured Members 1st credit card priced and based upon the cardholder's creditworthiness at the time of
graduation.

Visa Platinum Secured | Members 1st Federal Credit Union

®

services/

ap

The above APR and fees are accurate as of January 1, 2019.

Military Lending APR: Effective October 1, 2017, Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of
consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate
must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit
transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain
participation fees for a credit card account). The audio version of this disclosure can be heard by calling 1-800-309-1766 (tel:18003091766).

Members 1st Federal Credit Union Secured Card Savings Account
Disclosures

The fees and terms applicable to your Secured Card Savings account at the Credit Union are provided in this 

Truth-in-Savings Disclosure. The Credit Union may change the APY for these accounts. 

Effective Date: January 1, 2019

DIVIDEND

Dividend Rate/Annual Percentage Yield

0.10% Rate/ 0.10% APY

Minimum Opening Deposit

Minimum Balance to Earn Stated APY

BALANCE REQUIREMENTS

$500.00

$500.00

TRUTH-IN-SAVINGS ACCOUNT DISCLOSURES

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of
compounding for an annual period. The Dividend Rate and Annual Percentage Yield are the prospective rates and yields that the Credit Union anticipates paying for the applicable
dividend period. Except as otherwise noted, the Dividend Rate and Annual Percentage Yield for the account are variable and may change at any time at the discretion of the Credit
Union. 
Compounding and Crediting. Dividends will be credited monthly to your account and transferred to your Regular Savings Account. There will be no compounding of dividends in the
Secured Card Savings Account. The dividend period begins on the first calendar day of each calendar month and ends on the last calendar day of each calendar month. The dividend
period is monthly. 
Balance Computation Method. Dividends are calculated by the average daily balance method in which dividends are computed by applying a periodic rate to the average balance in
the account for each day of the period and dividing that sum by the number of days in the period. 
Accrual of Dividends. Dividend will begin to accrue on cash and non-cash deposits (e.g., checks) on the business day you make the deposit to your account. Balance Information.
The minimum balance required to open each account tis disclosed under the Minimum Opening Deposit column shown above. For Savings accounts, there is a minimum balance
required to obtain the Annual Percentage Yield and to avoid a service fee. If the minimum balance is not met on any day, you will not earn the stated Annual Percentage Yield and there
will be a monthly service fee. 
Fees and Charges. See Service Charge schedule for a list of fees and charges that may be assessed against your account. 
Transaction Limitations. Transfers, deposits and withdrawals from the Secured Card Savings account are restricted due to the security interest granted to the Credit Union. 
Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. 
Bylaw Requirements. See Membership & Account Agreement. 

CERTAIN PRODUCTS AND RATES ARE NOT AVAILABLE FOR PUBLIC FUNDS ACCOUNTS, FINANCIAL INSTITUTIONS, OR OTHER INSTITUTIONAL INVESTORS. 
The Secured Card Savings Account will not be included in calculating Member Loyalty Rewards balance or service computations but the credit card balance will be
included.

View Credit Card Agreement (/products-services/card-services/credit-card-agreement)

Quick Links

ATM & Branch Locations (/contact-us/branch-atm-locator) · Our Rates (/learn/rates-center) · Loans (/products-services/loans) · Contact Us (/contact-us) · 

Careers (/about-us/careers-opportunities) · Internet Terms & Usage (/about-us/important-documents/internet-terms-usage) · 

Pay My Loan (/products-services/loans/pay-my-loan) · Security (/contact-us/fraud-security-center) · Privacy (/privacy)

© 2019 Members 1st FCU. All Rights Reserved.

Search



5000 Louise Drive, PO Box 40 

Mechanicsburg, Pennsylvania 17055

https://www.members1st.org/learn/rates-center/visa-platinum-secured

2/3

 
 
7/8/2019

Visa Platinum Secured | Members 1st Federal Credit Union

 (800) 283-2328

Routing Number: 231382241

(/products-
services/electronic-
(https://www.linkedin.com/company/members-
mobile-
1st-
services/mobile-
Blo g
fcu)(https://twitter.com/Members1stFCU)
banking)

(https://www.instagram.com/members1stfcu/)
We do business in accordance with the  Federal Fair Housing Law and  Equal Credit Opportunity Act. (http://portal.hud.gov/hudportal/HUD) This credit union is federally insured by the

(https://www.facebook.com/Members1stFederalCreditUnion

(https://members1stblog.org)

National Credit Union Administration. (http://www.ncua.gov/Pages/default.aspx)

Members 1st FCU is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are actively working to increase accessibility and

usability of our website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at (800) 237-7288 (tel:+18002377288). All products and
services available on this website are available at all Members 1st branch locations (/member-branches).

https://www.members1st.org/learn/rates-center/visa-platinum-secured

3/3