VISA® Credit Card Rates
VISA® Credit Card Rates
| Terms |
VISA® PLATINUM with Rewards |
VISA® Gold |
VISA® Share Secured |
| Special Features |
|
Introductory Fixed Rate of
2.99% APR^
Effective for the first six billing cycles
|
|
| APR* For Purchases |
Variable Rate As low as
8.75%††
|
Fixed Rate from
9.46% - 18.00%
|
Variable Rate†
currently at 11.75%
|
| Method Of Computing the Balance For Purchases |
Average
Daily Balance
|
| APR* For Cash Advances |
Variable Rate††
|
Fixed Rate
9.46% - 18.00%
|
Variable Rate†
|
| Transaction Fee For Purchases |
None
|
| Credit Limit |
$5,000 to $50,000
|
$500 to $35,000
|
$300 to $5,000
|
| Grace Period For Repayment Of the Balance For Purchases |
You have 27 days to repay your balance before being charged a finance charge.
|
| Annual Fee |
None
|
* APR = Annual Percentage Rate. APR is based on evaluation of applicant’s credit at time of application. Actual APR may vary. FedChoice Federal Credit Union’s normal underwriting requirements apply.
~ Cash advances and transfers do not qualify for Platinum Rewards points. Points can be redeemed for a variety of travel and merchandise awards, but NOT cash.
†† Variable rate is based on The Wall Street Journal Prime plus 3.50% to 9.00%. Rate may be adjusted monthly and depends upon applicant’s creditworthiness at time of application.
^ The special VISA® Gold Introductory Rate applies to purchases, balance transfers and cash advances and will remain in effect for six (6) billing cycles from the date the credit card is issued. Thereafter, the rate will revert to the regular fixed rate of 9.46% -18.00% APR as determined by an evaluation of your credit. The introductory rate is not available to members who currently have a FedChoice credit card or have had one in the past three months.
† Variable rate is based on The Wall Street Journal Prime plus 7.00% - rate adjusted semi-annually. Share Secured VISA® requires a deposit of 110% of credit limit.