VISA CREDIT CARD APPLICATION AND SOLICITATION DISCLOSURE

VISA PLATINUM/VISA GOLD/VISA GOLD SECURED

Interest Rates and Interest Charges

Annual Percentage Rate (APR) for Purchases

Visa Platinum - 5.00% Introductory APR for a period of six billing cycles. After that, your APR will be 9.00%.

Visa Gold - 6.00% Introductory APR for a period of six billing cycles. After that, your APR will be 11.00%.

Visa Gold Secured - 13.00%

APR for Balance Transfers

Visa Platinum - 5.00% Introductory APR for a period of six billing cycles. After that, your APR will be 9.00%.

Visa Gold - 6.00% Introductory APR for a period of six billing cycles. After that, your APR will be 11.00%.

Visa Gold Secured - 13.00%

APR for Cash Advances

Visa Platinum - 12.00%

Visa Gold - 14.00%

Visa Gold Secured - 14.00%

How to Avoid Paying Interest on Purchases

Your due date is at least 25 days after the close of each billing cycle. We will not charge you any 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 at http://www.consumerfinance.gov/learnmore.

Fees

Transaction Fees

Foreign Transaction Fee - 2.75% of each transaction in U.S. dollars                                                                         

Penalty Fees

Late Payment Fee - Up to $25.00

Returned Payment Fee - Up to $30.00

How We Will Calculate Your Balance:

We use a method called "average daily balance (including new purchases)."

Promotional Period for Introductory APR - Visa Platinum, Visa Gold:

The Introductory APR for purchases and balance transfers will apply to transactions posted to your account during the first six months following the opening of your account. Any existing balances on Border Federal Credit Union loan or credit card accounts are not eligible for the Introductory APR for balance transfers.

Loss of Introductory APR:

We may end your Introductory APR for purchases and balance transfers and apply the prevailing non-introductory APR if you are 60 days late in making a payment.

Effective Date:

The information about the costs of the card described in this application is accurate as of: June 10, 2021

This information may have changed after that date. To find out what may have changed, contact the Credit Union.

For California Borrowers, the Visa Platinum, Visa Gold, and Visa Gold Secured are secured credit cards. Credit extended under this credit card account is secured by various personal property and money including, but not limited to: (a) any goods you purchase with this account, (b) any shares you specifically pledge as collateral for this account on a separate Pledge of Shares, (c) all shares you have in any individual or joint account with the Credit Union excluding shares in an Individual Retirement Account or in any other account that would lose special tax treatment under state or federal law, and (d) collateral securing other loans you have with the Credit Union excluding dwellings.

Other Fees & Disclosures:

Late Payment Fee:

$25.00 or the amount of the required minimum payment, whichever is less, if you are one or more days late in making a payment.

Returned Payment Fee:

$27.00 or the amount of the required minimum payment, whichever is less. In the event a payment is returned in the same or in any of the six billing cycles following the initial violation, you will be charged $30.00 or the amount of the required minimum payment, whichever is less.

Returned Convenience Check Fee:

$27.00 or the amount of the returned convenience check, whichever is less. In the event a convenience check is returned in the same or in any of the six billing cycles following the initial violation, you will be charged $30.00 or the amount of the returned convenience check, whichever is less.

Stop Payment on Convenience Check Fee:

$30.00.