Credit Cards |
Card Comparison
This disclosure is accurate as of 01/01/10. For rate information after this date, you may call (202) 224-2967 (within the DC metro area), (800) 374-2758 (outside the DC metro area), or write to us at United States Senate Federal Credit Union, PO Box 77920, Washington, DC 20013-8920. |
Interest Rates and Interest Charges |
ANNUAL PERCENTAGE RATE
for Purchases |
VISA Smart Rate 9.25%
VISA Smart Rewards 10.25%
This APR will vary with the market based on the Prime Rate (1). |
ANNUAL PERCENTAGE RATE
for Balance Transfers (2) |
VISA Smart Rate 9.25%
VISA Smart Rewards 10.25%
This APR will vary with the market based on the Prime Rate (1). |
ANNUAL PERCENTAGE RATE
for Cash Advances (2) |
VISA Smart Rate 9.25%
VISA Smart Rewards 10.25%
This APR will vary with the market based on the Prime Rate (1). |
Minimum Interest Charge |
None |
How To Avoid Paying
Interest on Payments |
Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. |
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: www.federalreserve.gov/creditcard |
FEES |
Set-up And Maintenance Fees
Annual Fee
Document Copy Fee |
None
$20.00 for each copy of a merchant draft |
Transaction Fees
Cash Advance & Balance Transfers
Foreign Transactions |
None
1% of the transaction amount |
Penalty Fees
Late Payment
Returned Payment |
$28.00 if your payment is received after the due date
$28.00 for each returned payment |
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. |
(1) Variable Rate. Your account is subject to a Variable Rate which is based on the highest Prime Rate as published in the Money Rates Section of The Wall Street Journal (“Index”) in effect on the last day of each calendar quarter plus our Margin. The Index plus the Margin equals the Interest Rate. Changes in the Index will cause changes in the Interest Rate on the first day of the next billing cycle following the change. Increases or decreases in the Interest Rate will result in like increases or decreases in the Finance Charge and will affect the amount of your regularly scheduled payments that you will be required to make.
(2) The Finance Charge on cash advances and balance transfers will begin to accrue on the date you obtain the advance or make a transfer. |
