First Command Bank Classic and Platinum Visa

Tuesday, May 21, 2013

Summary of charges

Interest Rate and Interest Charges
Annual Percentage Rate (APR) Classic - 10.25%
Platinum - 6.25%;
Each APR will vary with the market based on the Prime Rate. Bank adds 7% to the Prime Rate to determine the Classic variable APR. Bank adds 3% to the Prime Rate to determine Platinum variable APR. The Prime Rate is the highest prime rate published in The Wall Street Journal 30 days before the Closing Date on the Cardholder’s periodic statement.
Default APR and When It Applies 18%
This APR may be applied to Cardholder's account when the full balance becomes due and payable and Cardholder has been notified of the APR increase.
Paying Interest Cardholder's Payment Due Date is at least 25 days after the close of each billing cycle. Bank will not charge any interest on purchases if Cardholder pays the entire balance by the Payment Due Date each month. Bank will begin charging interest on Cash Advances on the transaction date.
Minimum Payment The greater of (a) 2.5% of balance or (b) $50.00
Credit Card Tips from the Federal Reserve Board To learn more about factors to consider when using a credit card, visit the web-site of the Federal Reserve Board at
http://www.federalreserve.gov/consumerinfo/consumercredit.htm
Fees
Annual Fees None
Transaction Fees
Balance Transfer None
Cash Advance Either $2.00 or 2% of the amount of each Cash Advance, whichever is greater, but not more than $75.00 per Cash Advance
Penalty Fees
Late Payment The lesser of $15.00, or 5% of each Minimum Payment which is not made within 30 days after the applicable Payment Due Date
Over Credit Limit None
Returned Payment $20.00

Computing Balance for Purchases: Average daily balance (including new transactions)

View Platinum/Classic Cardholder Agreement
View Signature Platinum Cardholder Agreement

This information is accurate as of the date posted and is subject to change. If you have any questions, please contact us at 888.763.7600.