Mandatory Disclosure
RATE, FEE AND OTHER COST INFORMATION
| Annual Percentage Rate (APR) for purchases (including balance transfers) | A 0% fixed APR for the first six (6) billing cycles following the opening of your account. After that, 11.24% variable.+ |
|
Other APRs |
Cash Advance APR: 19.99% variable.
Late Payment APR: Late once during introductory period: 11.24% variable on purchases. Late twice in any six-month period: 19.99% fixed on all balances. |
| Variable rate information | All APRs other than the introductory APR and the 19.99% late payment APR vary monthly. They equal the Prime Rate* plus 6.99% for purchases if your payment is late during the introductory period or after the introductory period; 15.74% for cash advances, but not less than 10.74% and 19.49% respectively. |
| Grace period for repayment of purchase balances | At least 20 days, but none for balance transfers or convenience checks. |
| Method of computing the balance for purchases | Average daily balance method (including new purchases). |
| Annual fee | None |
| Minimum finance charge | $1.00 |
| Transaction fee for certain purchases | Purchase of wire transfers or money orders; purchase of foreign currency and travelers checks from other than a bank; and use of convenience checks: 3% of the amount of each purchase or check, but not less than $5.00 nor more than $50.00. |
| Transaction fee for balance transfers | 3% of the amount of each balance transfer, but not less than $5.00 nor more than $35.00. |
| Transaction fees for cash advances | ATM cash advances: 3% of the amount of the advance, but not less than $10.00. All other cash advances: 3% of the amount of the advance, but not less than $15.00. |
| Late Payment fee: $15.00 on balances up to $150, $29.00 on balances of $150 up to $1200, and $35.00 on balances of $1200 and over. However, if you already have made one or more late payments in the prior 12 month period, $35.00 regardless of the amount of your balance.
Over-the-Credit-Limit fee: $29.00 |
+You understand that the terms of your Account, including the APRs, are subject to change. Any such changes will be made in accordance with the Cardmember Agreement.
*The "Prime Rate" is the highest prime rate published in the Money Rates column of The Wall Street Journal on the 22nd day of each month if a business day; if not, on the next business day. Variable APRs are based on the 4.25% prime rate on 4/07/03.
