VISA® Credit Card Rates
Charter Oak Federal Credit Union
Effective April 21, 2020
Interest Rates and Interest Charges
| Annual Percentage Rate (APR) for Purchases. Visa Platinum Variable. This APR will vary with the market based on the Prime Rate. | VISA Platinum Variable 9.25% |
|---|---|
| APR for Purchases Visa Platinum | VISA Platinum 13.99% |
| APR for Cash Advances | Visa Platinum Variable 9.25% This APR will vary with the market based on the Prime Rate. Visa Platinum 13.99% |
| APR for Balance Transfers | Visa Platinum Variable 9.25% This APR will vary with the market based on the Prime Rate. Visa Platinum 13.99% |
| How to Avoid Paying Interest on Purchases | Your due date is at least 25 days after the close of each billing cycle. We do not charge you interest on purchases if you pay your entire balance by the due date each month. |
| For Credit Card Tips from the Consumer Financial Protection Bureau | To learn more about factors to consider when applying for or using a credit card, visit the Website of the Consumer Financial Protection Bureau |
Fees
Transaction Fees |
|
|---|---|
| Balance Transfer Fee: | None |
| Cash Advance Fee: | None |
| Foreign Transaction Fee: | 1.00% of each transaction in U.S. dollars |
Late Fees |
|
|---|---|
| Late Payment Fee: | Up to $25.00 |
| Returned Payment Fee: | Up to $25.00 |
| How We Will Calculate Your Balance. We use a method called “average daily balance (including new purchases).” |
|---|
| Effective Date. The information about the costs of the card described in this application is accurate as of April 21, 2020. This information may have changed after that date. To find out what may have changed, contact the Credit Union at 860.446.8085 or toll free 800.962.3237 (non-local calls). |
Other Disclosures
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|
|---|---|
| Late Payment Fee: | $25.00 or the amount of the required minimum payment, whichever is less. |
| Returned Payment Fee: | $25.00 or the amount of the required minimum payment, whichever is less. |
| Rush Fee: | $25.00 |
| Convenience Check Stop Payment Fee: | $25.00 |
| Card Replacement Fee: | $25.00 per card |
or call our Contact Center at 860.446.8085 or 800.962.3237
or stop by any Charter Oak Branch.
ENJOY THESE GREAT OFFERS
EARN 1.50% APY* ON OUR HSA ACCOUNT
*APY = Annual Percentage Yield Effective November 1, 2020
AUTO LOAN RATES AS LOW AS 2.74% APR**
**APR = Annual Percentage Rate Effective November 1, 2020
EARN 3.00% APY* ON GO CHECKING
*APY = Annual Percentage Yield Effective November 1, 2020
ACCELERATOR MORTGAGE AS LOW AS 2.79%/2.85% APR**
**APR = Annual Percentage Rate Effective November 1, 2020