LA DOTD Federal Credit Union Truth in Lending Credit Disclosures
Annual Percentage Rate (APR) for Purchases & Balance Transfers Variable Rate
8.25% - 18.00%
Variable Rate Information
Annual percentage rate may vary. Your interest rate is determined by your credit history. Visa rate is determined by adding 1%, 3%, 7%, 9% or 17% to the Effective Prime. Effective Prime is based on the “Index” which is the highest Prime Rate as published in the Money Rates section of The Wall Street Journal on the 15th day of the month for the preceding three months and is subject to change monthly. Rate options have a floor of 6% and a ceiling of 18%.
Other APRs
Cash Advance APR: 18% Penalty Rate APR*: 18%
Method of Computing the Balance for Purchases:
Average Daily Balance (including new purchases)
No Annual Fee Minimum Finance Charge: $1 Grace Period for Purchases: 20 days Other Fees
Transaction Fee for Purchases Balance Transfer Fee Late Payment Fee Over-the-Credit Limit Fee Foreign Transaction Fee Cash Advance Fee None None $15 $15 2% of amount purchased 2% of amount advanced, minimum fee of $5 and maximum fee of $25
* If at any time your Account is delinquent two or more cycles, the rate will increase to a Past Due Rate equal to 18%. The Past Due Rate may be adjusted to the current Standard Rate after payments have been made as required for six consecutive months. The information about the costs of the cards described above is accurate as of 3/2/2008. This information may have changed after that date. To find out what may have changed, contact the Credit Union.
LA DOTD Federal Credit Union Save. Just Save!
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www.ladotdfcu.org
Revised 03/31/08
More Power. More Value. More Savings.
Get more with a LA DOTD Federal Credit Union Visa credit card.
Our Visa Platinum and Visa Gold credit cards are packed with value! Enjoy more purchasing power with our generous credit lines while you save money with our low variable interest rates. We’ve even included Visa enhancements that you’ll actually use, such as auto rental insurance and a year-end summary statement for budgeting. If you qualify for our Rewards2U program, you could earn reward points, redeemable for exciting travel and premium gifts every time you use your Visa credit card!
LA DOTD FCU Credit Card Application
INFORMATION ABOUT YOURSELF
First Name Member Number Middle Initial Birth Date State Business Phone
Credit Line Requested $
Please complete, sign and return to LA DOTD FCU, P.O. Box 2111, Baton Rouge, LA 70821-2111 or fax to (225) 379-1972.
Last Name Social Security Number Zip Mobile Phone How Long at Residence? Years
Transferring balances is easy!
If you carry balances on credit cards from other financial institutions, you’re probably paying more than you should. Pay off your higher rate credit cards with our Visa and save! Plus, unlike other cards, we never charge a balance transfer fee. So switch and save today!
Residence Street Address City Home Phone
YOUR EMPLOYMENT
Employer Employer Street Address City Monthly Salary State Other Income* Zip Source How Long at Job? Years
Convenient member service!
Our dedicated Financial Solutions Specialist are available after hours to answer questions about your account, help resolve disputes with merchants or block a lost or stolen card. We’ll also contact you if we detect any unusual activity on your account. With our zero liability policy for fraudulent charges, you are always protected.
YOUR FINANCIALS
Monthly Mortgage/Rental Payments Bank Reference Home Owner: $ Checking: Rent: $ Other: $ Savings: Value: $
No hidden fine print!
You can relax with our Visa credit card because there’s no hidden fine print to worry about. Unlike other credit cards, our cards have no annual fees and no balance transfer fees which adds up to a lot of savings. Your finance charges are based on your average daily balance for your current statement cycle — not the two-cycle average daily balance method favored by many credit card companies.
CO-APPLICANT INFORMATION
First Name Social Security Number Residence Street Address City Home Phone Employer Monthly Salary Other Income* State Business Phone Zip Mobile Phone How Long at Residence? How Long at Job? Source Years Years Middle Initial Last Name Birth Date
Apply today!
Complete and sign the attached application and mail it to the Credit Union. Apply online at www.ladotdfcu.org and receive an answer in seconds, or call our 24-hour lending center at 1-800-436-8328 anytime, day or night! Get more from your credit card. Apply for a LA DOTD Federal Credit Union credit card today!
*It is not necessary to list alimony, child support or separate maintenance income if you do not want it to be considered as a basis for repaying this obligation.
OTHER INFORMATION
Balance Transfer Option (transfer the amount shown from the credit card account listed below to my new Visa account) Amount: $ Payment Street Address Card Number City Card Name State Zip
nu m Visa Plati
Visa Gold
LA DOTD Federal Credit Union is authorized to check my credit and employment history and to report to others its experience with me. I understand the use of any card issued in connection with this application will be subject to the terms and conditions of the LA DOTD FCU Credit Card Agreement that will be mailed to me. I agree to be responsible for all the charges incurred according to the Credit Card Agreement. The Credit Union reserves the right to demand immediate payment to the extent permitted by law. I will be responsible to pay the collection expense including but not limited to court costs and reasonable attorney fees. Each person signing will have full and equal access to my credit line extended and will be individually and jointly liable for repayment of all amounts due to the account. I authorize LA DOTD FCU to accept my facsimile signatures on this application and agree that my facsimile signature will have the same legal force and effect as my original signature. I assume any risk that may be associated with permitting LA DOTD FCU to accept my facsimile signature.
Applicant’s Signature Co-Applicant’s Signature
Date Date
You must initial below in order for the credit card to be issued. By initialing here, I (we) agree to give the Credit Union a security interest in my (our) shares and deposits at the Credit Union, any property I (we) purchase with card and any collateral securing other loans I (we) have with the Credit Union. Upon default, I (we) authorize you to apply my (our) shares and deposits to pay any amounts due under this Agreement.
Applicant’s Initials
Co-Applicant’s Initials
Approving Officer
FICO Score
Approved for $