Visa Rates and Terms – EFFECTIVE: September 1, 2023
SAVINGS SECURED VISA
SAVINGS SECURED VISA
Annual Percentage Rate (APR) for Purchases
APR for Balance Transfers
APR for Cash Advances
How to Avoid Paying Interest on Purchases
Your due date is at least 28 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month.
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
How We Will Calculate Your Balance
We use a method called "average daily balance" (including new purchases).
The information about the costs of the card described in this application is accurate as of September 1, 2023. This information may have changed after that date. To find out what may have changed, contact MyPoint Credit Union at (888) 495-3400.
For California Borrowers, the Share Secured VISA card is a secured credit card. Credit extended under this credit card account is secured by various personal property and money including, but not limited to: (a) any goods you purchase with this account, (b) any shares you specifically pledge as collateral for this account on a separate Pledge of Shares, (c) all shares you have in any individual or joint account with the Credit Union excluding shares in an Individual Retirement Account or in any other account that would lose special tax treatment under state or federal law, and (d) collateral securing other loans you have with the Credit Union excluding dwellings. Notwithstanding the foregoing, you acknowledge and agree that during any periods when you are a covered borrower under the Military Lending Act your credit card will be secured by any specific Pledge of Shares you grant us but will not be secured by all shares you have in any individual or joint account with the Credit Union. For clarity, you will not be deemed a covered borrower if: (i) you establish your credit card account when you are not a covered borrower; or (ii) you cease to be a covered borrower.