| Interest Rates and Interest Charges |
Visa® Platinum |
| Annual Percentage Rate (APR) for Purchases |
18.00%
This APR will vary with the market based on the Prime Rate |
| APR for Balance Transfers |
18.00%
This APR will vary with the market based on the Prime Rate |
| APR for Cash Advances |
18.00%
This APR will vary with the market based on the Prime Rate |
| Penalty APR and When it Applies |
None |
| Paying Interest |
Your due date is at least 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 balance transfers on the transaction date. |
| Fees |
|
| Annual Fees |
None |
Transaction Fees
- Balance Transfer
- Cash Advance |
None
2% of advance amount |
Penalty Fees
- Late Payment |
$35.00 |
How We Will Calculate Your Balance: We use a method called “average daily balance” (including purchases, cash advances and balance transfers). See the Variable Rate Credit Card Agreement and Truth in Lending Disclosure for more details.
This information is accurate as of January 1, 2023 and is subject to change after this date.
By activating your Business Visa Platinum credit card you acknowledge agreement to the rates, terms and conditions associated with the Business Visa Platinum Agreement and Disclosure located at hvfcu.org. Your new credit card has a variable rate. Additional rate information is as follows:
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights are provided in the Variable Rate Credit Card Agreement and Truth in Lending Disclosure.
Your new credit card has a variable rate. Additional rate information is as follows:
| MONTHLY PERIODIC RATE FOR APR SHOWN ABOVE |
Margin |
| FOR PURCHASES, CASH ADVANCES, AND BALANCE TRANSFERS |
11.00% |