CREDIT CARDS
ANNUAL PERCENTAGE RATE (APR): PPurchases PBalance Transfers PCash Advances PENALTY* APRs
VISA PLATINUM
VISA GOLD
VISA CLASSIC
PROGRESSIVE VISA
SECURED VISA
9.74
% APR
11.99
% APR
14.49
% APR
14.89
% APR
14.40
% APR
(0.812% monthly periodic rate)
(0.999% monthly periodic rate)
(1.208%, monthly periodic rate)
(1.241% monthly periodic rate)
(1.200%, monthly periodic rate)
% APR (1.117% monthly periodic rate) (1.492% monthly periodic rate)
13.40 17.90% APR
% APR (1.283% monthly periodic rate) (1.492% monthly periodic rate)
15.40 17.90% APR
See explanation below*
See explanation below*
Grace period for repayment of balances for purchases Method of computing the balance for purchases
At least 25 Days
Average Daily Balance (including new purchases) 1% ISA (International Service Assessment) Fee paid to Visa None $20.00
Transaction Fee
Annual Fees
*PENALTY APR EXPLANATION:
For VISA Gold and VISA Platinum: If your credit card account is one billing cycle past due, the Monthly Periodic Rate shall be increased to 1.117 and the 1.117%, corresponding Annual Percentage Rate shall be increased to 13.40 If your credit card account is past due on billing cycle a second time, the Monthly Periodic 13.40%. 1.492% 17.90% Rate shall be increased to 1.492 and the corresponding ANNUAL PERCENTAGE RATE shall be increased to 17.90 For Visa Classic, Secured Visa and Progressive Visa: If your credit card account is one billing cycle past due, the Monthly Periodic Rate shall be increased to 1.283 and the corresponding Annual Percentage Rate shall be increased to 15.40 If your credit card account is past due on billing cycle a second time, the 1.283%, 15.40%. Monthly Periodic Rate shall be increased to 1.492 and the corresponding ANNUAL PERCENTAGE RATE shall be increased to 17.90 1.492% 17.90%.
Late Payment Fee You will be charged a late payment fee of $25.00 if you fail to make a payment before the statement closing date. Fee: Over Limit Fee If your balance exceeds your limit by more than 10% on the closing date, you will be charged $25.00 Fee: Annual Statement Fee $25.00 (by member request only). Fee: AutoPay Return Fee If you have chosen to make payments on your credit card account by Autopay (ACH), the funds must be available in the account from which these funds are to be debited. If Fee: not, you will be charged $35.00 Balance Transfers Balance transfers will be treated as Cash Advances for the purpose of all finance charges. Transfers: Card Replacement Fee You will be charged a $10.00 Card Replacement fee to replace your card before the expiration date. Fee: Convenience Check Return Fee If you make an advance on your credit card account with a Convenience Check that is returned for insufficient credit available, you will be charged a $25.00 fee. Fee: Terms, Minimum Monthly Payment If the outstanding balance of your account is $10.00 or less, it will be payable in full. The required minimum monthly payment shall be the greater of (I) $10.00 or Payment: (II) 2.50% of that portion of the outstanding balance which does not exceed your credit limit, plus the entire portion of the outstanding balance in excess of your credit limit, plus any amount past due, plus late charges. The Credit Union also has the right to demand immediate payment of any amount by which you are over your credit limit. If you make extra or larger payments you are still required to make at least the minimum payment each month your Account has a balance (other than a credit balance). Subject to applicable law, your payments may be applied to what you owe the Credit Union in any manner the Credit Union chooses. Research, Document and Statement Copy Fee If you request a copy of a sales slip, you will be charged $2.00 per sales slip. If you request a copy of a statement, you will be charged $1.00 per Fee: statement page for the current month's statement and $2.00 per page for previous month's statements going back one year. For statement copies going back further than one year, you will be charged a $15.00 per hour research fee with a minimum charge of $15.00. Return Check Fee: If you make a payment by check or share draft and it is returned for insufficient funds, closed account, stop payment or any other reason, you will be charged a $35.00 Fee Return Check Fee. Special Order Fee: If you request express card delivery, we will charge you for our expenses incurred. By your choice, we will either add those fees to your credit card account or deduct them from your share or share draft account with us. Information about the cost of the cards described in the application is accurate as of September 24, 2005. This information may have changed after that date. To find out what may have changed, write to us at Florida Telco Credit Union, 9700 Touchton Road, Jacksonville, FL 32246. ADDITIONAL DISCLOSURES: FOR OHIO RESIDENTS: The Ohio laws against discrimination require that all creditors make credit equally available toall credit worthy customers, and that credit reporting agencies maintain separate RESIDENTS credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law. MARRIED WISCONSIN RESIDENTS ONLY: No provision of any marital property agreement, unilateral statement under §766.59, or court decree under §766.70 will adversely affect the right of ONLY the credit union unless the credit union is furnished a copy of the agreement, statement or decree, or has actual knowledge of its terms, before the credit is granted or the account is opened.