You've always been able to see right through us. Now that finding the truth about other credit cards is easier than ever, see how our Visa stacks up against your card. We've got nothing to hide, it's all here in black and white.
Thanks to the recent changes to federal regulations, card issuers are required to reveal the rates and fees associated with their cards. So when you're ready to compare your card to PSECU's Visa, try looking for the information under "terms and conditions" or "credit cards" on your current card's web site. Also, don't be afraid to ask your card company for a copy of your terms and conditions. Afterall, it's your money.
| Interest Rates and Interest Charges |
| Annual Percentage Rate (APR) for Purchases |
9.90% |
| APR for Cash Advances |
9.90% |
| APR for Balance Transfers |
2.90%
Promotional APR until 12/31/2013. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After that your APR will be 9.90% (subject to change). |
| How to Avoid Paying Interest on Purchases |
Your due date is at least 25 days after the close of each billing cycle. We do not charge you interest on purchases if you pay your entire balance by the due date each month. |
| Minimum Interest Charge |
None |
| 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 |
Set-up and Maintenance Fees
- Annual Fee
- Account Set-up Fee
- Program Fee
- Participation Fee
- Account Maintenance Fee on Closed Accounts
- Additional Card Fee
|
- None
- None
- None
- None
- None
- None
|
Transaction Fees
- Balance Transfer
- Cash Advance
- Foreign Transaction
- Transaction Fee For Purchases
|
- None
- None
- 1.00% of each transaction in U.S. dollars
- None
|
Penalty Fees
- Late Payment
- Over-the-Credit Limit
- Returned Payment
|
|
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."
Effective Date: The information about the costs of the card described in this application is accurate as of January 1, 2012. This information may have changed after that date. To find out what may have changed, contact us.
Other Disclosures:
- PIN Replacement Fee: None
- Unreturned Card Fee: None
Important: When you take advantage of the 2.9% APR (annual percentage rate) promotional offer, Visa ® balance transfers will be treated as a cash advance and will accrue interest at 2.9% APR when the transaction posts until 12/31/2013; any remaining balance will begin to accrue interest at the standard cash advance rate of 9.9% APR, which is subject to change. Payments will be applied as stated in your Visa Classic Consumer Credit Card Agreement. There is a $250 minimum for balance transfers through psecu@home ®. Our 2.9% APR promotional offer cannot be used to pay off any PSECU loan or be made payable to cash, yourself or any joint owner(s). Balance transfers access credit under the terms of your Visa account as stated in the Visa Classic Consumer Credit Card Agreement and LOANLINER ® Credit and Security Agreement.