| OTIS Great Rate VISA Credit Card | Interest Rates and Interest Charges |
| Annual Percentage Rate (APR) for Purchases | 9.90% |
| APR for Cash Advances | 9.90% |
| APR for Balance Transfers | 9.90% |
| Penalty APR and When it Applies | None |
| Minimum Interest Charge | None |
| How to Avoid Paying Interest on Purchases | Your 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 Board | To 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 Annual Fee | None |
| Transaction Fees Balance Transfer Fee Cash Advance Fee Foreign Transaction Fee Transaction Fee for Purchase | None None 1.00% of each transaction in US Dollars None |
| Penalty Fees 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 Maine Rewards VISA Credit Card | Interest Rates and Interest Charges |
| Annual Percentage Rate (APR) for Purchases | 11.49% |
| APR for Cash Advances | 11.49% |
| APR for Balance Transfers | 11.49% |
| Penalty APR and When it Applies | None |
| Minimum Interest Charge | None |
| How to Avoid Paying Interest on Purchases | Your 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 Board | To 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 Annual Fee | None |
| Transaction Fees Balance Transfer Fee Cash Advance Fee Foreign Transaction Fee Transaction Fee for Purchase | None None 2.00% of each transaction in US Dollars None |
| Penalty Fees 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
