FPCU Credit Card Terms and Conditions 

Interest Rates and Interest Charges 
Annual Percentage Rate 
(APR) for Purchases 

0.00% Introductory APR for a period of twelve (12) billing cycles. 
After that, your APR will be 11.24% to 22.24%, based on  your 
creditworthiness when you open your account. 

This APR will vary with the market based on the Prime Rate. 

APR for Balance Transfers 

0.00% Introductory APR for a period of twelve (12) billing cycles 
for balance transfers made with 90 days of opening your  account. 

After that, your APR will be 11.24% to 22.24%, based on your 
creditworthiness when you open your account. 

This APR will vary with the market based on the Prime Rate. 

APR for Cash Advances 

15.99% to 24.99%, based on your creditworthiness when you open  your 

account 

Penalty APR 
and When it Applies 

How to Avoid Paying 
Interest on Purchases 

These APRs will vary with the market based on the Prime Rate. 

Up to 32.24%, based on your creditworthiness. 

This APR will vary with the market based on the Prime Rate. 

This APR may be applied to new transactions on your account: 

• If your payment is late 

How Long Will the Penalty APR Apply? If APRs are increased for a  payment 
that is late, the Penalty APR will apply until your account is current  for six (6) 
consecutive months. 

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. 

Minimum Interest Charge 

If you are charged interest, the charge will be no less than $0.01 

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 

Fees 

Annual Fee 
Transaction Fees 

• Balance Transfers 

• Cash Advances 

None 

Either $10 or 3% of the amount of each transaction, whichever is 
greater. 

Either $10 or 4% of the amount of each transaction, whichever is 
greater. 

 
 
 
 
 
 
 
 
 
 
 
 
 
FPCU Credit Card Terms and Conditions 

• Foreign Transactions 

1% of each transaction in U.S. dollars completed outside the U.S.  2% 
of each transaction in U.S. dollars completed in a foreign  currency 

Penalty Fees 

• Late Payment 

• Returned Payment 

$7 or the amount of the required minimum payment, whichever is 
less, if you are five (5) or more days late in making a payment. 

$25 or the amount of the required minimum payment, whichever is 
less. 

• Over limit fee 

None 

How We Will Calculate Your Balance: We use a method called “average daily balance (including new 
purchases).” 

Payment Allocation: Payments are allocated to posted balances. If your account has balances with  different 
APRs, we will allocate the amount of your payment equal to the Total Minimum Payment Due to  the lowest APR 
balances first. Payment amounts in excess of your Total Minimum Payment Due will be  applied to balances 
with higher APRs before balances with lower APRs. 

More Information about Penalty Fees and Penalty APR 

Penalty Fees: If your Total Minimum Payment Due is not received within 60 days of your Payment Due  Date, a 
Late Payment Fee will be assessed. However, the Late Payment Fee will not exceed the total  minimum 
payment that was due. 
Penalty APR: Your Penalty APR will not exceed 32.24% on new transactions. There is no Penalty APR  on 
existing balances. 

APPLICATION CONDITIONS 

By submitting this application, you: (1) acknowledge that you have reviewed the credit card Terms and 
Conditions; (2) agree to submit your application for this credit card subject to those Terms and 
Conditions;  and (3) authorize us to use the information in your application, and any other information 
we or our affiliates  have about you, to determine your ability to pay, as required by Federal law. 

You have reviewed the accompanying application, and you affirm that everything you have stated is true and 
complete. You are at least 18 years of age.  You authorize Financial Partners Credit Union, (hereinafter “us” or 
“our”)  to obtain your credit report(s), employment history and any other information in order to approve or 
decline this  application, service your account, and manage our relationship with you. You consent to our 
sharing of information  about you and your account with the organization, if any, endorsing this credit card 
program. You authorize us to  share with others, to the extent permitted by law, such information and our credit 
experience with you. In addition, you  may as a customer later indicate a preference to exempt your account 
from some of the information-sharing with other  companies (“opt-out”). If you accept or use an account, you do 
so subject to the terms of this application, the “Details  of Rate, Fee and Other Cost Information” and the Credit 
Card Agreement, as it may be amended; you also agree to pay all charges incurred under such terms. You also 
understand that the Annual Percentage Rate you receive will be determined based on your creditworthiness. 
You understand that only a portion of your Total Credit Line will be available for Cash Advances. You accept 
that on a periodic basis your account may be considered for  automatic upgrade at our discretion. You consent 
to and authorize us, any of our affiliates, or our marketing  associates to monitor and/or record any of your 
phone conversations with any of our representatives. If additional  information is required to process your 
application, we will make every attempt to contact you. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FPCU Credit Card Terms and Conditions 

Financial Partners Credit Union Rewards MasterCard® Program Terms & Conditions:  

https://www.fpcurewards.com/pdf/Platinum_Rewards_Terms_and_Conditions.pdf 

The value of this reward may constitute taxable income to you. You may be issued an Internal Revenue Service 
Form  1099 (or other appropriate form) that reflects the value of such reward. Please consult your tax advisor, as 
neither  Financial Partners Credit Union, its affiliates, nor their employees provide tax advice. 

Online and Mobile Banking. To access Online or Mobile Banking, you must enroll in the service. Once 
enrolled, the  same Online ID and pass code can be used to access both Online and Mobile Banking. View the 
Online Banking  Service Agreement at www.FPCU.org for more information about both Mobile and Online 
Banking. Data connection  required. Wireless carrier fees may apply. Enrollment not available through the 
Mobile App on all devices. 

Alerts. Alerts received as text messages on your mobile access device may incur a charge from your mobile 
access  service provider. Mobile App alerts are not available on select devices. 

$0 Liability Guarantee. The $0 Liability Guarantee covers fraudulent purchases and payments made by others 
using  your account. To be covered, don’t share personal or account information with anyone. Claims may only 
be filed by  accountholder against posted and settled transactions subject to dollar limits and verification, 
including providing  requested information supporting fraudulent use claim. 

Text Banking. Financial Partners Credit Union does not charge for Text Banking. However, your mobile service 
provider may charge for sending and receiving text messages on your mobile phone. Check with your service 
provider for details on specific fees and charges that may apply. 

Card Benefits. Certain restrictions apply to each benefit. Platinum MasterCard® card benefits differ from 
MasterCard  Classic® card benefits (i.e., coverage amounts vary and some benefits are not available). Details 
accompany new  account materials. 

BALANCE TRANSFERS

Allow at least 2-3 weeks from account opening for processing. Continue paying each creditor until the transfer 
appears as a credit. Balance Transfers incur interest charges from the transaction date. If you revolve your 
balance to  take advantage of a promotional or introductory offer, all transactions and balances, including 
purchases, will be  charged interest. The Balance Transfer fee is 3% of the amount of the transaction, or $10 
whichever is greater. If you  have a dispute with a creditor and pay that balance by transferring it to your new 
account, you may lose certain  dispute rights. Balance Transfers may not be used to pay off or pay down any 
account issued by Financial Partners  Credit Union. 

The information contained in these disclosures is updated regularly, but may have changed since the last 
update.  Financial Partners Credit Union Privacy Notice is availablewww.FPCU.org and accompanies the credit 
card. 

This credit card program is issued and administered by Financial Partners Credit Union. Any account opened in 
response to this application shall be governed by the laws of the State of California. The rewards program is 
managed in part by independent third parties. 

3‐2016