Century Federal Credit Union
Disclosure Information
myChoice Rewards VISA®
Interest Rates and Interest Charges
Annual Percentage Rates
(APRs) for Purchases
APRs for Balance Transfers
APRs for Cash Advances
Penalty APR and When it
Applies
How to Avoid Paying Interest
on Purchases
Minimum Interest Charge
Credit Card Tips from the
Consumer Financial Protection
Bureau
2.99% Introductory rate is good for six (6) months from the date that your new credit card account is
opened.
After this promotion period, your APR will be:
740-999 – 9.24%
700-739 – 11.24%
660-699 – 14.24%
630-659 – 16.24%
600-629 – 17.99%
No score – 17.99%
This APR will vary with the market according to the Prime Rate.
2.99% Introductory rate is good for six (6) months from the date that your new credit card account is
opened.
After this promotion period, your APR will be:
740-999 – 9.24%
700-739 – 11.24%
660-699 – 14.24%
630-659 – 16.24%
600-629 – 17.99%
No score – 17.99%
This APR will vary with the market according to the Prime Rate.
2.99% Introductory rate is good for six (6) months from the date that your new credit card account is
opened.
After this promotion period, your APR will be:
740-999 – 9.24%
700-739 – 11.24%
660-699 – 14.24%
630-659 – 16.24%
600-629 – 17.99%
No score – 17.99%
This APR will vary with the market according to the Prime Rate.
Up to 17.99%**. The Penalty APR will be applicable to your account if you: Make your payment 60
days past due. This APR will vary with the market according to the Prime Rate.
How Long Will the Penalty APR Apply? If your APRs are increased for this reason,
the Penalty APR will apply until you make three (3) consecutive minimum payments
when due, beginning with the statement cycle immediately following the event that triggered the
Penalty APR.
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.
None
To learn more about factors to consider when applying for or using a credit card, visit
the website of the Consumer Financial Protection Bureau at
http://www.consumerfinance.gov/learnmore.
Fees
Set-up & Maintenance Fees
 Annual Fee
 Additional Card Fee
Transaction Fees
 Balance Transfer
 Cash Advance
 Foreign Transaction
Penalty Fees
 Late Payment
 Over-the-Credit Limit
 Returned Payment
None
None
$10.00 or 3% (whichever is greater) (Waived for the first 6 months after account open date.)
$10.00 or 3% (whichever is greater)
1% of each transaction in U.S. Dollars
Up to $25
None
Up to $25
How We Calculate Your Balance: We use a method called “average daily balance (including new purchases).” (See Cardholder
Agreement for complete details.)
Credit rates are determined using a tiered system. Your line of credit rate may be higher or lower based on meeting creditworthiness criteria and other factors, including but not limited to, total aggregate unsecured debt outstanding. Rates are
subject to change. For a full disclosure, contact Century Federal Credit Union.
** The interest rate applicable to your account will vary with the market based on the Prime Rate and may increase if the Prime Rate
increases. The variable rate is determined at the beginning of each billing cycle by adding the margin to the highest Prime rate as
published in The Wall Street Journal’s Money Rates section. Rates current as of April 2016.
Applicant Signature: _________________________________________________________________ Date: ________________
Other Signature: ____________________________________________________________________ Date: ________________
TERMS AND CONDITIONS
This offer is based on an initial assessment that I met Century Federal Credit Union’s (herein referred to as “Credit Union”) initial criteria for
creditworthiness. In signing and returning this offer to “Credit Union,” I certify that I have read this new offer, and the information I have provided
is true and correct to the best of my knowledge. I certify that I am at least 21 years of age or older and a United States citizen or a permanent
resident alien of the United States. I also authorize “Credit Union” to review my credit and employment history and any other information
afforded to “Credit Union” by law in order to process my acceptance certificate. I understand that the credit line on this account will be
determined after a review of my acceptance certificate by “Credit Union” and will be based on various factors, including income. The minimum
approved credit line is $500. “Credit Union” maintains the right not to open this account if: a) the information provided is incomplete, inaccurate
or cannot be verified, or if I no longer meet “Credit Union’s” standards for creditworthiness; b) my name and/or mailing address have been
altered; c) “Credit Union” receives my response after the offer has expired; or d) my income reported on this response certificate is insufficient
to support the opening of this account. I understand I have the right to review my credit history by contacting the credit reporting agencies.
We may change the APRs, fees and other terms of your account at any time in accordance with applicable law and the Account Agreement,
which we will send you when your account is opened. Factors we may consider in determining whether and how to change your terms include
the frequency and severity of defaults and other indications of risk on accounts with “Credit Union” and other creditors. To the extent allowed by
law, the new terms will affect all outstanding balances.
This offer is nontransferable and is void to residents of GU, PR, VI and all other U.S. dependent areas. The terms of this offer may not be
applied to existing “Credit Union” accounts.
California Residents: Applicants: 1) may, after credit approval, use the credit card account up to its credit limit; 2) may be liable for amounts
extended under the plan to any joint applicant. As required by law, you are hereby notified that a negative credit report reflecting on your credit
record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations. Married applicants may apply for
credit separately.
New York and Vermont Residents: “Credit Union” may obtain at any time my credit reports for any legitimate purpose associated with the
account or application. On my request, I will be informed if such a report was ordered and I will be given the name and address of the agency
furnishing the report.
Ohio Residents: Ohio anti-discrimination laws require creditors to make credit equally available to all creditworthy members and that credit
reporting agencies maintain separate credit histories on individuals upon request.
Massachusetts Residents: You have the right to prohibit the use of information about you contained in your file with any consumer-reporting
agency in connection with any credit transactions that you have not initiated. You can exercise this right by contacting consumer-reporting
agencies through their toll-free notification systems established for this purpose.
Married Wisconsin Residents: Wisconsin law provides that no agreement, court order or individual statement applying to marital property will
adversely affect a creditor’s interest unless prior to the time credit is granted, the creditor is furnished with a copy of the agreement, statement
or court order, or has actual knowledge of the provision.
If I am applying for a Balance Transfer, I authorize “Credit Union” to charge my approved “Credit Union” credit card account for the amount(s)
listed for transfers. I understand that I am applying for a transfer amount up to the total amount listed on my Balance Transfer. Balance
transfers are processed in the order listed and for the amount requested, or up to my available credit line. “Credit Union” will not be responsible
for any charges, fees or transactions billed to me by the accounts listed on the balance transfer form. I understand “Credit Union” will advise me
if it is unable to process my payment request for any reason. I will continue to make payments until the balance transfer is complete. I may not
transfer balances to pay off any existing “Credit Union” accounts. I agree to abide by the complete “Credit Union” terms and conditions on this
account that will accompany my card when delivered.
4/2016