|
NOFFCU |
Other Card Provider |
Cash Advance Fees |
None |
What do other card providers charge for up front cash advance fees? Be aware that some providers charge two to four percent (2 percent to 4 percent) of the cash advance amount. |
Cash Advance Rate |
Same as purchase rate |
What interest rate do other card providers charge for cash advances? The interest rate for cash advances is often several points higher than the normal purchase interest rate (the rate that is associated with everyday card purchases). |
Balance Transfer Fees |
None |
What fees are other card providers charging to transfer card balances to their credit cards? Some issuers charge transaction fees as high as 4 percent. So the higher that balance, the higher the transaction fee. |
Balance Transfer Rates |
Same as purchase rate |
What interest rate do other card providers charge for balance transfers? The interest rate for balance transfers can be higher than the normal purchase rate. |
Foreign Transaction Fees |
None |
What fees for out of the country purchases are charged by other card providers? It's wise to find out what are the Foreign Transaction Fees for prospective cards before entering into any agreement with the card provider. |
Rate Margin |
1.9%, 5.9%, or 9.9% added to prime rate* |
How do other card providers compute their variable rate? Be certain you understand fully how their rate is determined before entering into any credit agreement. |
Frequency of Variable Rate Change |
Quarterly |
How often do other card providers change their variable rate? Some providers apply rate changes each billing cycle. |
Annual Fees |
None |
Are any annual fees charged by other card providers? |
Minimum Finance Charge |
None |
What is the minimum finance charge assessed by other card providers? Be aware that if you carry a balance that results in a finance charge less than the minimum finance charge, other card providers will assess the minimum finance charge. |
Maximum Rate Offered |
18% |
What is the maximum rate you can be charged by other card providers? |
Grace Period |
27 days |
What is the grace period provided by other card providers? The grace period means you can avoid finance charges by paying off your total balance within the established grace period. |
*Depending on member’s creditworthiness.