| New Changes to Credit Cards – don’t get caught by surprise:
2010 Credit Card Act, click here
to print/read.
- Financial
Institutions and Credit Card Companies will soon need to
give you more notice of changes in card terms, limit some
interest-rate hikes, and require more detailed billing statements.
Read the disclosure letters they are sending you. These
letters may be easy to miss, some look just like junk mail
and will not be reader-friendly. The banks’ approach
is, “It’s not our job to teach you the law; it’s
our job to comply with the law.”
- Be
sure to look for any aggressive interest rate hikes –
some as high as 29.99%. You now have the right to “opt
out” of these changes before they become effective,
essentially canceling the card for new purchases, though
you will still be able to pay off the balance at the old
interest rate.
Read through this page and see how we can help you save some money
and hassles in the coming months. We offer a terrific Credit
Card Program.
Take Charge
of your future with a PEFCU VISA Credit Card. Not all credit
cards are created equal. In the confusing world of "teaser"
and "introductory" rates and gimmicks, PEFCU is proud
to stand out in the crowd by offering a great VISA
Credit Card program.
Our program
offers great ScoreCard Bonus Points for gift and travel incentives.
You will earn 1 point for every $1 purchase made. And,
in the months of November and December you will earn double
points – that’s 2 points for every $1 purchase.
Also transfer your high interest rate balances to the PEFCU VISA
card. We will give you matching ScoreCard Bonus Points
for your transferred balance. Call our Loan Department
at 1-800-226-6673 for an application or more information.
ScoreCard Bonus Points
Click here
www.ScoreCardRewards.com
to view the ScoreCard catalog and learn about gift and travel benefits.
Daily Visa Information – Transactions, Statements, and Histories
Get 24-hour access to your credit card information by visiting this link:
www.EZCardInfo.com
From this site you can set up account alerts to notify you of purchases
made over a maximum dollar you set up or to alert you if your
available balance falls below an amount you set up.
Visa Credit Card - Report lost, stolen, or compromised cards immediately
If you believe that your card has been lost, stolen, or compromised,
call Fidelity Security Department at toll-free 1-800-299-9842.
They will be able to help you 24 hours a day 7 days a week.
Also, examine your statements promptly to identify unauthorized
transactions.
Fraud Protection
We have enhanced our Visa program with Fraud Protection. When a transaction
on your card appears to fall outside of your usual spending
pattern, an alert is created and sent to a fraud analyst or
automated voice system which will then contact you at home,
at your office, or on your cell phone to verify whether you
authorized this transaction. Part of the verification will
be to ask you to confirm the last 4 digits of your Social
Security number on file.
If we are not successful in contacting you, a decision will be made
on your behalf to block future transactions until you can
be reached for confirmation. Therefore, it is extremely important
that we have your most up to date contact information on file.
Please contact us at 1-800-226-6673 if you feel your
contract information needs to be updated or if you would like
to add/update your cell phone number on our files.
Credit Card Terms
| Annual Percentage Rate (APR) |
9.90% - 10.90% |
| |
Rate
is based on Credit History. |
| Annual Fee |
None |
| Grace Period for repayment of the balances for purchases |
You
have 25 days to repay your balance for purchases before
a finance charge will be imposed |
| Minimum Monthly Payment |
3% of balance |
| Method of computing the Balance for purchases |
Average Daily Balance |
| Late Payment Fee |
$20.00 |
| Over-the-Credit-Limit Fee |
None |
| International Transaction Fee |
.8% of the International Transaction Amount |
| International Currency Conversion Fee |
1% of the International Transaction Amount |
| Card Replacement Fee |
$10.00 |
Additional Benefits
- Worldwide acceptance
- Travel insurance benefits
- Visa’s zero liability policy
- Cash advances from any ATM displaying the VISA logo
2010
Credit Card Act, click here to print/read.
|
