Credit Card companies have many years of experience and more than a handful of lawyers to help them bury the negative aspects of credit cards in the small print. Mind you, it is all legal. The major requirement for them is to disclose the truth to you. They have to tell you what all the fees are and what happens it you don't follow their rules. The government did step in and require them to in-large the size of the print. The credit card companies are also required to put all this information on one page.
The credit card companies know if they market the promotions correctly, you won't look at the one page that should mean the most to you. If they put all the promotional material in large print and lots of colors, you will skip over the part that explains how much it's going to cost.
What this page hopes to explain is what the sections say and really what they DON'T say.
0% Intro APR for the first 6 billing cycles that your Account is open.
After that, 11.99% to 22.99%, based on your creditworthiness.
These APRs will vary with the market based on the Prime Rate.
If you are charged periodic interest, the charge will be no less than $1.50.
19.24% or, if your purchase APR is 22.99%, then 23.24%, based on your creditworthiness. These APRs will vary with the market based on the Prime Rate.
Cash Advances: Either $10 or 3% of the amount of each transaction, whichever is greater.
29.99%. This APR will vary with the market based on the Prime Rate.
The Penalty APR will be applicable to your Account if you:
Fail to make any Minimum Payment by the date and time due (late payment);
Exceed your credit limit;
Make a payment to us that is returned unpaid;
Do any of the above on another account or loan you have with us or any of our related banks.
If your APRs are increased for any of these reasons, the Penalty APR will apply indefinitely.
Rewards will be earned as points, which can be redeemed for cash.
1% cash back equals 1 point.
If you choose to redeem for cash back, 1 point equals $0.01 cash back.
For example, 2,000 points can be redeemed for a $20 check.
You will receive 10,000 bonus points with this bonus offer, which can be redeemed for a $100 check. To qualify and receive your bonus, you must make qualifying transactions totaling $500 or more during the first 3 months from account opening. Qualifying transactions include purchases, balance transfers, and any checks that are used to access your account, and exclude cash advances. After qualifying, please allow 6 to 8 weeks for bonus points to post to your account. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment. This one-time bonus offer is valid only for first-time card members with new accounts. Previous and existing card members/accounts are not eligible for this bonus offer.
You will earn 1 point for each $1 of net purchases. You will earn an additional 1 point for each $1 of eligible airfare net purchases made online through the program booking tool. You do not earn points on balance transfers, cash advances, cash-like charges such as travelers checks, foreign currency, and money orders, any checks that are used to access your account, overdraft advances, interest, unauthorized or fraudulent charges, or fees of any kind, including fees for products that protect or insure the balances of your account. There is no maximum number of points that you can accumulate in the program. Bonus/Promotional offers may have a maximum accumulation. A service fee of up to $20 per ticket may be charged for the use of our toll-free number to book or change airline itineraries. Redemptions made online do not have a service fee. See Rewards Program Rules and Regulations which will be mailed after your account is established.