| Any time, any reason; universal default |
Any time, any reason; universal default. |
Any time, any reason; universal default. |
| Average daily balance or two-cycle? |
Average daily balance (including new purchases). |
Average daily balance (including new purchases). |
| Late fee range |
$35 on balance less than $500; $39 on balance equal to or greater than $500. |
$35 on balance less than $500; $39 on balance equal to or greater than $500. |
| Overlimit fee |
$39. |
$39. |
| Balance transfer fees: % of amount; minimum and maximum |
The greater of $10 or 3% of each balance transfer. |
The greater of $10 or 3% of each balance transfer. |
| Cash advance fees: % of advance; minimum and maximum |
The greater of 3% of each advance or $15. |
The greater of 3% of each advance or $15. |
| Payment related fees: phone, express |
Phone: $15 without account. |
Phone: $15 without account. |
| Other fees (annual, returned check, etc.) |
Annual: $0
Returned check: $35
Wire transfer: 3% of wire amount
Copy: $3 |
Annual: $0
Returned check: $35
Wire transfer: 3% of wire amount
Copy: $3 |
| Grace period |
Not less than 20 days from the closing date of the billing cycle. |
Not less than 20 days from the closing date of the billing cycle. |
| Introductory rate for purchases and balance transfers |
Purchases: 0% for six months. |
Purchases: 0% for six months. |
| Default APR range |
29.99% variable. The APR for penalty rates may vary and will be the greater of 29.99% or the index plus a margin of up to 24.99%. |
29.99% variable. The APR for penalty rates may vary and will be the greater of 29.99% or the index plus a margin of up to 24.99%. |
| How payments applied to balance? |
Payments will be applied to balances with lower APRs before balances with higher APRs. |
Payments will be applied to balances with lower APRs before balances with higher APRs. |
| How is interest rate set? |
The index is the highest U.S. prime rate as published in the "Money Rates" section of The Wall Street Journal during the 90 days immediately preceding the last day of each calendar month. |
The index is the highest U.S. prime rate as published in the "Money Rates" section of The Wall Street Journal during the 90 days immediately preceding the last day of each calendar month. |
| Minimum payment charge |
The minimum payment will be indicated on your billing statement and shall be the largest of (1), (2) or (3) listed below, plus any amount that is past due on your account: (1) Your total new balance if it is less than $10; (2) The greater of 2% of the entire new balance, or $10; or (3) The sum of your current cycle fees and finance charges, plus 1% of the entire new balance (to calculate this 1%, we will not count amounts in dispute or current cycle fees and finance charges as part of the new balance). If your account is overlimit, we will add to the minimum payment the amount necessary to reduce your balance to your approved credit limit. |
The minimum payment will be indicated on your billing statement and shall be the largest of (1), (2) or (3) listed below, plus any amount that is past due on your account: (1) Your total new balance if it is less than $10; (2) The greater of 2% of the entire new balance, or $10; or (3) The sum of your current cycle fees and finance charges, plus 1% of the entire new balance (to calculate this 1%, we will not count amounts in dispute or current cycle fees and finance charges as part of the new balance). If your account is overlimit, we will add to the minimum payment the amount necessary to reduce your balance to your approved credit limit. |
2009 Credit Card Study
