| San Mateo Credit Union |
VISA Classic |
MasterCard Gold |
VISA Platinum |
| Standard Annual Percentage Rate (APR) for purchases |
15.45% |
13.95% |
Variable quarterly, based on prime rate, plus a margin of 3.99% APR* |
| Balance Transfer APR |
15.45% |
13.95% |
Variable quarterly, based on prime rate, plus a margin of 3.99% APR |
| Cash Advance APR |
15.45% |
13.95% |
Variable quarterly, based on prime rate, plus a margin of 3.99% APR |
| Method of Computing the Balance for Purchases |
Average Daily Balance Including New Purchases |
Average Daily Balance Including New Purchases |
Average Daily Balance Including New Purchases |
| Annual Fee |
None |
None |
None |
| Minimum Finance Charge |
$0 |
$0 |
$0 |
| Transaction Fee for purchases |
$0 |
$0 |
$0 |
| Cash Advance Fee |
2% |
2% |
2% |
| Balance Transfer Fee |
None** |
None** |
None** |
| Transaction Fee for Foreign Purchases |
1% |
1% |
1% |
| Grace Period for Repayment of Balances for Purchases (Not applicable to cash advances) |
25 Days |
25 Days |
25 Days |
| Penalty APR¹ |
17.99% |
17.99% |
17.99% |
| Late Payment Fee |
The lesser of 3% of the payment due with a minimum charge of $5.00 and maximum of $10.00 with respect to any monthly billing cycle as a late payment charge on the Minimum Payment Due that is not paid within 15 days after the Payment Due Date. |
The lesser of 3% of the payment due with a minimum charge of $5.00 and maximum of $10.00 with respect to any monthly billing cycle as a late payment charge on the Minimum Payment Due that is not paid within 15 days after the Payment Due Date. |
The lesser of 3% of the payment due with a minimum charge of $5.00 and maximum of $10.00 with respect to any monthly billing cycle as a late payment charge on the Minimum Payment Due that is not paid within 15 days after the Payment Due Date. |
| Over Credit Limit Fee |
$10 per occurrence |
$10 per occurrence |
$10 per occurrence |
| * |
APR = Annual Percentage Rate |
| ** |
Standard cash advance fees apply. |
| 1 |
At any time your Account becomes twice thirty five (35) days past due in any twelve (12) month period or becomes ninety (90) days past due, FINANCE CHARGES on the entire balance will be calculated at the Default ANNUAL PERCENTAGE RATE of 17.99% (corresponding Daily Default Periodic Rate of .0493%). When we have subsequently received twelve (12) Minimum Monthly Payments on your Account on time, your ANNUAL PERCENTAGE RATE will revert to the applicable "standard" ANNUAL PERCENTAGE RATE set forth above. |
| |
Rates Effective November 15th, 2008.
SMCU is an Equal Opportunity Lender |
|
