| Interest Rates and Interest Charges |
VISA® Platinum |
Student Visa® |
| Annual Percentage Rate (APR) for Purchases |
9.99% to
17.99% when you open your account, based on your creditworthiness. After that, your APR will vary based on your creditworthiness.
|
14.99%
|
| APR for Balance Transfer |
9.99% - 17.99% Your APR will vary based on your creditworthiness. |
14.99% |
| APR for Cash Advances |
9.99% - 17.99% Your APR will vary based on your creditworthiness. |
14.99% |
| Penalty APR and When It Applies |
17.99%
This APR may be applied to your account if:
1. Your account becomes twice thirty-five (35) days past due in any twelve (12) month period; or
2. Your account becomes ninety (90) days past due.
How Long Will the Penalty APR Apply?: The Penalty Rate will continue to apply until we have received six (6) monthly payments on your account on time.
|
| Paying Interest |
Your due date is at least twenty-five (25) days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month We will begin charging interest on cash advances and balances transfers on the transaction date. |
| Minimum Interest Charge |
$0 |
| For Credit Card Tips from the Federal Reserve |
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 |
$0 |
Transaction Fees
Balance Transfer
Cash Advance
Foreign Transaction
|
$0
2.5% of advance with a minimum of $4 and a maximum of $300
1% of each transaction in U.S. dollars |
Penalty Fees
Late Payment
Returned Payment
|
$10 if minimum payment is not paid within 10 days after the payment due date.
$25 (returned check)
|
How We Will Calculate Your Balance: We use a method called “average daily balance” (including new purchases). See your account agreement for more details.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.
The above information is current as of September 4th, 2010 and is subject to change. Please contact us at (650) 363-1725 for more information.
