|FEE & TERM INFORMATION
Effective December 1, 2014
|*Annual Percentage Rate. Rate based on credit worthiness.|
|APR for Balances Transfers||Same as Purchase APR|
|APR for Cash Advances||Same as Purchase APR|
|Grace Period for Repayment of Balance for Purchases||25 days from statement closing date if new balance is paid in full each month by the payment due date, no grace period for cash advances or balance transfers.|
|Method of Computing the Balance for Purchases and Cash Advances||Purchases: Average Daily Balance Method – Interest is calculated, billed and reported at cycle time. Cash Advances: Average Daily Balance Method – Interest is calculated, billed and reported from date of transaction. (See cardholder agreement)|
|Minimum Finance Charge||None|
|For Credit Card Tips from the Consumer Financial Protection Bureau||To Learn more about factors to consider when applying for a credit card, visit the website of the Consumer Financial Protection http://www.consumerfinance.gov/learnmore.|
|Transaction Fee for Purchases||None, except a Foreign Transaction Fee of up to 1% will apply to international transactions.|
|Transaction Fee for Cash Advances||None, except a Foreign Transaction Fee of up to 1% will apply to international transactions.|
|Late Payment||$18 Late Payment Fee|
|Return Check Fee||$10.00|
|Fee for Exceeding Credit Limit||None|
|Other Fee – $5.00 will be charged when you make your payment at a Baptist Credit Union branch.|
How We Will Calculate Your Balance:
We use a method called “average daily balance (including new purchases).”
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Credit Card Agreements.
Important Information About Procedures For Opening A New Account: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. The information that is being requested and observed is for compliance with the requirements of Section 326 of the USA PATRIOT Act related to implementing customer identification and verification requirements.
PRESCREEN & Opt-Out Notice: You received this offer because, according to the prequalifying report provided to us by TransUnion, you satisfied the criteria established for this offer. If, upon evaluation of your completed application and information provided to us by others, we find you do not meet the criteria, you may receive a different offer or credit may not be extended. You have the right to prohibit certain uses of information in your file as maintained by any credit reporting agency. To assert this right, you may call or write TransUnion PO BOX 2000 Chester, PA 19016 or 800-916-8800. When writing, please include your name, address, Social Security number and signature.
Click here for Baptist Credit Union’s Credit Card Agreement and Disclosure of Credit Terms and Member Billing Rights