Visa® Card Rates
Charter Oak Federal Credit Union
Effective April 2, 2012
Interest Rates and Interest Charges |
|
| Annual Percentage Rate (APR) for Purchases Visa Platinum This APR will vary with the market based on the Prime Rate |
Visa Platinum
|
| APR for Purchases Visa Gold |
Visa Gold
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| APR for Cash Advances | Visa Platinum 9.25% This APR will vary with the market based on the Prime Rate. Visa Gold 13.99% |
| APR for Balance Transfers |
Visa Platinum 9.25% This APR will vary with the market based on the Prime Rate. Visa Gold 13.99% |
| How to Avoid Paying Interest on Purchases |
Your due date is at least 25 days after the close of each billing cycle. We do not charge you interest on purchases if you pay your entire balance by the due date each month. |
| For Credit Card Tips from the Federal Reserve Board |
To learn more about factors to consider when applying for or using a credit card, visit the Website of the Federal Reserve Board at http://www.FederalReserve.gov/creditcard |
Fees |
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| Transaction Fees |
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| Balance Transfer Fee | $25.00 or 3.00% of the amount of each transfer, whichever is greater |
| Cash Advance Fee | $25.00 or 3.00% of the amount of each advance, whichever is greater |
| Foreign Transaction Fee | 1.00% of each transaction in U.S. dollars |
| Penalty Fees | |
| Late Payment Fee | Up to $25.00 |
| Returned Payment Fee | Up to $25.00 |
| How We Will Calculate Your Balance. We use a method called "average daily balance (including new purchases)." |
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| Effective Date. The information about the costs of the card described in this application is accurate as of January 21, 2010. This information may have changed after that date. To find out what may have changed, contact the Credit Union at 860-446-8085 or toll free 800-962-3237 (non-local calls). |
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| OTHER DISCLOSURES |
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| Late Payment Fee | $25.00 or the amount of the required minimum payment, whichever is less. |
| Returned Payment Fee | $25.00 or the amount of the required minimum payment, whichever is less. |
| Rush Fee | $25.00 |
| Convenience Check Stop Payment Fee |
$25.00 |
| Card Replacement Fee | $25.00 per card |
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VISA APPLICATION AND SOLICITATION DISCLOSURE |
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To apply for a credit card please stop by any Charter Oak branch or call Member Services at 860-446-8085 ext. 102 (local) or 800-962-3237 ext. 102 (long distance).
