Visa Credit Cards Disclosures

OTIS Great Rate VISA Credit CardInterest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases9.90%
APR for Cash Advances9.90%
APR for Balance Transfers9.90%
Penalty APR and When it AppliesNone
Minimum Interest ChargeNone
How to Avoid Paying Interest on PurchasesYour due date is at least 25 days after the close of each billing cycle. We do not charge you interest on purchases if you pay your entire balance by the due date each month.
For Credit Card Tips from the Federal Reserve BoardTo learn more about factors to consider when applying for or using a credit card, visit the web site of the Federal Reserve Board at http://www.federalreserve.gov/creditcard
Fees
Annual Fee
None
Balance Transfer Fee

Cash Advance Fee

Foreign Transaction Fee

Transaction Fee for Purchase
None

None

1.00% of each transaction in US Dollars

None
Late Payment Fee

Over-the-Credit-Limit Fee
$15.00

None
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, 2010. This information may have changed after that date. To find out what may have changed, contact the Credit Union.

OTHER DISCLOSURES

Late Payment Fee: $15.00 if you are 20 or more days late

Statement Copy Fee: $1.00 per page

Document Copy Fee: $6.00

Rush Fee: $27.00

Card Replacement Fee: $10.00
OTIS Rewards VISA Credit CardInterest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases11.49%
APR for Cash Advances11.49%
APR for Balance Transfers11.49%
Penalty APR and When it AppliesNone
Minimum Interest ChargeNone
How to Avoid Paying Interest on PurchasesYour due date is at least 25 days after the close of each billing cycle. We do not charge you interest on purchases if you pay your entire balance by the due date each month.
For Credit Card Tips from the Federal Reserve BoardTo learn more about factors to consider when applying for or using a credit card, visit the web site of the Federal Reserve Board at http://www.federalreserve.gov/creditcard
Fees
Annual FeeNone
Balance Transfer Fee

Cash Advance Fee

Foreign Transaction Fee

Transaction Fee for Purchase
None

None

2.00% of each transaction in US Dollars

None
Late Payment Fee

Over-the-Credit-Limit Fee
Up to $20.00

None
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 July 25, 2011. This information may have changed after that date. To find out what may have changed, contact the Credit Union.

OTHER DISCLOSURES

Late Payment Fee: $20.00 or the amount of the minimum required payment, whichever is less, if you are twenty (20) or more days late in making a payment.

Statement Copy Fee: $1.00 per page

Document Copy Fee: $7.00

Rush Fee: N/A

Card Replacement Fee: $10.00