“IMPORTANT INFORMATION REGARDING YOUR ACCOUNT”
Retain this document as it is an important part of your Truth-In-Lending Disclosure Statement and contract.

Interest Rates and Interest Charges

Annual Percentage Rate (APR) 
for Purchases

APR for Balance Transfers 

VISA PLATINUM
7.25%, 10.25%, or 14.25%, based on your creditworthiness when you opened your 
account. After that, your APR will vary with the market based on the Prime Rate.
10.25%, 14.25%, or 18.00%, based on your creditworthiness when you opened your account. After that, your 
APR will vary with the market based on the Prime Rate. 

APR for Cash Advances

10.25%, 14.25%, or 18.00%, based on your creditworthiness when you opened your account. After that, your 
APR will vary with the market based on the Prime Rate.

APR for Overdraft Advance 
Transfers

10.25%, 14.25%, or 18.00%, based on your creditworthiness when you opened your account. After that, your 
APR will vary with the market based on the Prime Rate.

Penalty APR

18.0%
This APR will apply if:

1. You fail to make any payment within sixty (60) days of when it is due, or
2. Your balance exceeds your credit limit and you do not repay the amount by which the balance exceeds 

your limit with sixty (60) days.

How long will the Penalty APR apply?: If your APRs are increased for any of these reasons, the Penalty APR 
will apply until you make six (6) consecutive required minimum payments on-time during the six (6) month period 
beginning on the date of the increase. Otherwise, your Annual Percentage Rate will then remain at 18% indefinitely.

 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 statement balance by the due date each month.
None

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.

None

None
None
3% of each transaction in U.S. dollars.

Up to $25.  
Up to $25. 

$25 for each check or group of checks.

We use a method called “average daily balance (including new purchases).”

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 Fee
• Cash Advance Fee
• International Transaction Fees

Penalty Fees

• Late Payment Fee
• Returned Payment Fee

Check Stop Payment Fee 
How We Will Calculate Your Balance

Billing Rights

Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.

This information is valid as of 2/1/13, but is subject to change after that date. Contact the credit union at 810-244-2200 or toll-free 800-748-0451 for changes in these terms since it was published.