Members 1st Logo

 

Classic Visa Rates
Effective Date: 04/01/2014

Interest Rates and Charges
Annual Percentage Rate (APR) for Purchases
9.99% to 25.49%
When you open your account, based on your creditworthiness
Annual Percentage Rate (APR) for Shared Secured Visa
9.99%
When secured by shares
Annual Percentage Rate (APR) for Cash Advances
9.99% to 25.49%
When you open your account, based on your creditworthiness
Paying Interest on Purchases
New purchases posted to your account during a billing cycle will not incur a finance charge for that billing cycle. Finance charge begins to accrue on those purchases from the first day of the next billing cycle, unless you paid the entire new balance on the previous cycle’s billing statement by the payment due date of that statement. To avoid an additional finance charge on the balance of purchases, you must pay the entire new balance on the billing statement by the payment due date of that statement.
Paying Interest on Cash Advances
A finance charge begins to accrue on cash advances from the date you get the cash advance or from the first day of the billing cycle in which the cash advance is posted to your account, whichever is later (transaction date).
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
Annual Fee
None

Transaction Fees

  • Balance Transfer
  • Cash Advance
  • Foreign Transaction

 

  • None
  • None
  • Single and Multiple Currency Transaction fees of 2.00% each may apply

Penalty Fees

  • Late Payment
  • Over-the-Credit Limit
  • Returned Payment

 

  • $25.00
  • 10% of the amount over the limit with a max of $50.00
  • $25.00

How We Will Calculate Your Balance: Average daily balance (including new purchases and cash advances.)
The VISA rate is fixed until changed by the Board of Directors

Click Here to apply for a loan

Print
Close Window