SEE NEXT PAGE for more important information about your account.  ADDENDUM  TO YOUR CARDHOLDER AGREEMENT  
Lake Michigan Credit Union  
PO Box 2848 , Grand Rapids, MI   49546 - 800.242.9790  
 
Effective Date: 04/22 /2020      Prime Rate: 3.25% 
 
Interest Rates and Interest Charges  
ANNUAL PERCENTAGE RATE  (APR)  
1. Purchases  
2. Cash Advanc es  
3. Balance Transfers   
Prime Platinum Visa:     
Variable Rate:     6.25 � 14.25% 
 
Max Rewards Platinum Visa:     
Variable Rate:   10.00 � 17.75 % 
 
 
This APR will vary with the market based on the Prime Rate . 
Penalty APR and When it Applies  18.00%  
This APR may be applied to your account if your account is 60 days 
past due.    
How Long Will Your Penalty APR Apply?   If your APRs are 
increased for this reason, the Penalty APR will apply until you make 
six consecutive minimum payments when due.   
How to Avoid Payin g 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.  We will begin 
charging interest on cash advances and balance t ransfers on the 
transaction date.  
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 Financi al Protection 
Bureau at https ://www.consumerfinance.gov/learnmore  
 
Fees  
Annual Fee  None.  
Transaction Fees  
1. Balance Transfer  
2. Cash Advance  
3. Foreign Transaction   
 
None.  
 
3% of the amount of the cash advance.  
 
1% of each transaction in U.S. Dollars  
Penalty F ees 
1. Late Payment  
 
2. Over -the-Credit Limit  
3. Returned Payment   
 
Up to $15.00 for unpaid balances up to $1,000 .00 
Up to $25.00 for unpaid balances of $1,000 .00 and greater  
 
If you opt in, $25 .00. 
 
Up to $25.00. 
  How We Will Calculate Your Balance:  We use a met hod called �average daily balance (including new purchases).�   
See your account agreement for more details.  
Billing Rights:  Information on your right  to dispute transactions and how to exercise those rights is provided in your 
account agreement.    
Lost or Stolen Card Replacement:   First occurrence is $5.00; second occurrence is $10.00 ; rush card is $30.00 . 
Minimum Payment:   Two percent (2 %) of the new balance or $20, whichever is greater, plus the amount of balance that 
exceeds the Credit Limit, plus any  amounts past due.   
 
Margin:  
Prime Platinum Visa:   Prime +  3.00% - 11.00 % - ceiling 18.00%.  
Max Rewards Platinum Visa :  Prime +  6.75% - 14.50% - ceiling 18.00%  
 
Rates shown are variable and subject to change. Your rate may vary based on individual credit worthiness and our 
underwriting standards.  
 
The information about the costs of the card described in this application is accurate as of the date above .  This 
information may have changed after that date. To find out what may have changed, contact LMCU via the address 
and phone number in the agreement.