VISA® Cardholder Disclosure

CC072015

Disclosure Summary 
You authorize the Collins Community Credit Union to obtain a consumer report from consumer reporting 
agencies in considering this application and verifying your identity. Upon your request, we will inform you of the 
name and address of each consumer reporting agency from which we obtained a consumer report relating to 
you. Failure to provide any information requested will be grounds for denial.

Credit Card Type

Recommended For:

Visa Platinum Rewards
Members who typically 
pay their card balance in 
full each month.  

Interest Rates and Interest Charges

Visa Platinum Non-Rewards
Members who typically carry a 
balance from month to month.

Student Visa
Younger members looking to 
build credit.

Annual Percentage 
Rate (APR) for 
Purchases, Balance 
Transfers and Cash 
Advances

How to Avoid Paying 
Interest on Purchases

Minimum Interest 
Charge
For Credit Card Tips 
from the Consumer 
Financial Protection 
Bureau
Fees
Annual Fee
Transaction Fees
• Balance Transfer
• Cash Advance
• Foreign  Transaction
Penalty Fees
• Late Payment
• Over-the-Credit-Limit
• Return Payment

Visa Platinum Rewards Visa Platinum Non-Rewards

Student Visa

2.99% introductory 
APR through the first six 
billing cycles.  After that, 
your APR will be
11.49% to 18.49%
based on your 
creditworthiness. 

2.99% introductory  
APR through the first six 
billing cycles. After that,  
your APR will be
9.49% to 16.49%
 based on your 
creditworthiness. 

2.99% introductory  
APR through the first six 
billing cycles. After that,  
your APR will be
9.49% to 16.49%
 based on your 
creditworthiness. 

Your due date is at least 25 days after the close of each billing cycle. We will not charge 
you any interest on purchase(s) if you pay your entire balance by the due date each 
month. 
If you are charged interest, the charge will be no less than $0.50

To learn more about the factor 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

None

None
Either $5 or 3% of the amount of each cash advance, whichever is greater.  
1% of each transaction in U.S. Dollars.

Up to $15.
None 
Up to $20.

How We Will Calculate Your Balance:  We use a method called “average daily balance (including new 
purchases).”

Minimum Payment: The minimum monthly payment will be 2.50% of the current balance or $25.00, whichever 
is greater, unless your balance is less than $25.00. If the balance is less than $25.00, then your minimum 
payment will be the amount of the statement balance. Any amount that is past due or prior minimum payments 
that are not made will also be added to the minimum monthly payment amount. 

Payment Allocation: We will apply your minimum payment first to lower APR balances. Payments made in 
excess of the minimum payment will be applied to balances with higher APRs first before balances with lower 
APRs.

Cardholder Agreement: You agree to be bound by the terms of the Cardholder Agreement, which will be sent 
with the Card. You also agree that the Cardholder Agreement and the account are governed by Iowa and federal 
law. Except for any introductory/special APR offers, the terms of your account, including rates and fees, are 
subject to change.

Choice Rewards(Visa Platinum Rewards):  Every $1 in purchases net of returns (“Net Purchases”) “You” charge 
to your account covered by this Choice Rewards Program and that appears on your statement during the 
Program period, earns  one bonus point. Points for this Program begin to accumulate with purchases you make 
beginning on the first day you are accepted into the Program. Final Choice Reward orders must be received no 
later than 60 days after your Program ends. Contact your Financial Institution for details. Accounts not in good 
standing (those delinquent two or more billing cycles, over-limit, Bankrupt, Closed, Revoked, Frozen, prohibited 
from interest accrual or closed) will forfeit Choice Rewards Points.  Full terms and conditions will be sent with 
your card.   For full Terms and Conditions, visit https://bankrewards.revloyalty.com/groupCollins/catalog/home.php.

Debt Protection: This product is optional: Your purchase of MEMBER’S CHOICE™ Borrower Security, our debt 
protection program, is optional. Whether or not you purchase Debt Protection will not affect your application for 
credit or the terms of any existing credit agreement you have with Collins Community Credit Union. Additional 
Disclosures: We will give you additional information before you are required to pay for Debt Protection. This 
information will include a copy of the contract containing the terms and conditions of Debt Protection. Eligibility 
Requirements, Conditions and Exclusions: There are eligibility requirements, conditions and exclusions that 
could prevent you from receiving Debt Protection benefits. You should carefully read your Debt Protection 
contract for a full explanation of the terms and conditions of the Debt Protection program.

NOTICE TO CALIFORNIA RESIDENTS: A married applicant may apply for a separate account in his/her own 
name. 

NOTICE TO MARRIED WISCONSIN RESIDENTS: No provision of any marital property agreement, unilateral 
statement under section 766.59 of the Wisconsin statutes or court decree under section 766.70, adversely affects 
the interest of the Credit Union, unless the Credit Union, prior to the time the credit is granted or an open-end 
credit plan is entered into, is furnished a copy of the agreement, decree or court order, or has actual knowledge 
of the adverse provisions. IF YOU ARE A MARRIED WISCONSIN RESIDENT, CREDIT EXTENDED UNDER THIS 
ACCOUNT WILL BE INCURRED IN THE INTEREST OF YOUR MARRIAGE OR FAMILY.  

NOTICE TO NEW YORK RESIDENTS: New York residents may contact the New York State Banking Dept. to obtain 
a comparative listing of all credit cards, fees and grace periods.  

NOTICE TO OHIO RESIDENTS: The Ohio laws against discrimination require that all creditors make equal credit 
available to all credit worthy customers, and that credit reporting agencies maintain separate credit histories on 
each individual upon request. 

See the Collins Community Credit Union Privacy Policy for additional Information.  The Privacy Policy is available 
at www.collinscu.org. 

Collins Community Credit Union 
PO Box 10500 
Cedar Rapids, IA 52410              

© Revised 07/2015