All fees and charges are subject to change at any time, with proper advance notice
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| ACCOUNT TERMS |
VISA PLATINUM |
| Annual Percentage Rate (APR) for Purchases and balance transfers valid for first 6 months account is open |
5.90% APR
Introductory fixed rate |
| Annual Percentage Rate (APR) for Purchases/Balance Transfers |
As Low As 9.90% APR fixed |
| Annual Percentage Rate (APR) for Cash Advances |
As Low As 11.90% APR fixed |
| Grace Period for Purchases/Balance Transfers |
25 days in which to repay purchases before a finance charge will be imposed. |
| Grace Period for Cash Advances |
None |
Maximum for Purchaes/Balance
Transfers/Cash Advances |
18.00% APR |
| Finance Charges |
The Annual Percentage Rate (APR) is fixed and will not change for the first (1) year after the account has been opened. Thereafter, the rate may change twice annually, depending on your credit worthiness. On Purchases and Balance Transfers the Annual Percentage Rate (APR) on purchases will be within the rages disclosed below and is based on certain credit worthiness criteria. The APR will be between 9.90% and 18% and the monthly periodic rate will be between .825% and 1.50% on the average daily balance of purchases. |
| ALL VISA CARDS |
| Incentive Disclosure |
This rate is valid for the first 6 months your account is open, if your account remains in a current open-to-buy condition. If your account is revoked or closed to charging privileges, the special rate balance will be changed to the current purchase rate in effect at the time. If your account becomes 2-cycles past due, the special rate balance will change to the penalty pricing rate in effect at the time. (see current disclosed purchase and penalty rate) |
| Penalty Rates |
18.00% APR fixed
If you fail to make 2 consecutive monthly payments by the payment due date, your Annual Percentage Rate will increase to 18.00% APR on both purchases and cash advances for the next six (6) statement periods. If no late payments are received in that six (6) month period, your APR will return to the current APR in effect at that time. |
| Method of Computing Balances |
Average daily balance including new purchases |
Transaction Fee for
Cash Advances |
$4.00 per transaction |
| Late Payment Fee |
$20.00 |
| Overlimit Fee |
$20.00 |
| Returned Check/ACH Payment Fee |
$24.00 effective 6/24/08 |
| Inactivity Fee |
$15.00 if not used once each year |
| Minimum Payments |
2.5% of the balance or $20.00, whichever is greater |
| Minimum Finance Charge |
None |
**Special Note: A statement where charges are incurred by the use of the card are due on receipt of the account statement.
This disclosure statement is accurate as of 06/01/08. This information may change after that date. To find out what may have changed, call 316-265-3272 or 1-800-256-8049 or write to Credit Union of America at PO Box 47528, Wichita, KS 67201-7528.
