VISA Application

VISA Disclosure

Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases	9.99% to 17.99% when you open your account, based on your creditworthiness
APR for Balance Transfers	9.99% to 17.99% when you open your account, based on your creditworthiness
APR for Cash Advances	9.99% to 17.99% when you open your account, based on your creditworthiness
Penalty APR and When it Applies	None
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.
Minimum Interest Charge	None
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
Annual Fee	None
Transaction Fees - Balance Transfer Fee - Cash Advance Fee - Foreign Transaction Fee - Transaction Fee for Purchases	None None 1.00% of each transaction in U.S. dollars None
Penalty Fees - Late Payment Fee - Over-the-Credit Limit Fee - Returned Payment Fee	Up to $25.00 None Up to $32.00

How We Will Calculate Your Balance: We use a method called "average daily balance (excluding new purchases).*

Effective Date:
The information about the costs of the card described in this application is accurate as of September 1, 2014. This information may have changed after that date. To find out what may have changed, contact Impact Credit Union.

Other 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
$26.00 or the amount of the required minimum payment, whichever is less. In this event a payment is returned in the same or in any of the six billing cycles following the initial violation, you will be charged $32.00 or the amount of the required minimum payment, whichever is less.