How We Will Calculate Your Balance: We use a method called “average daily balance” (including new purchases). Variable Rates: The interest rate can change monthly on the first day of each month following a change in the Prime Rate. The Annual Percentage Rate will never be more than the maximum rate allowed by applicable law. Any increase will take the form of more payments of the same amount. Other Fees: In addition to the fees disclosed above, the following fees may be imposed: Minimum Payment Requirement: 2% of the outstanding balance (3% for share-secured Visa cards), subject to a minimum of $20.
1Earn 1.5% cash back on all net purchases. Net purchases do not include returns, balance transfers, refunds/reversals, fees, ATM transactions, or cash advances. Cash back earned will be deposited as money into the member’s S51 (CU Bonus) account. Your account must be open and in good standing to earn cash back and cash back earned will post to your account within 1-2 billing cycles. Cash back rewards are subject to the terms and conditions disclosed when you opened your account and any subsequent amendments. Additional terms and conditions may apply and may be subject to change at any time.
2Consumer Rewards Cardmembers will earn $150 if $5,000 or more net purchases are made during the promotional period on a Capital Credit Union consumer rewards credit card. The promotional period begins on 10/1/21 and ends on 12/31/21. Purchases must be posted by 12/31/21 to qualify. If switching from non-rewards to rewards credit card, purchases toward $5,000 will start accruing the first day of the billing period following the date of the switch. If all the required terms and conditions are met to earn the cash back, the $150 will be deposited into the member’s S51 (CU Bonus) account within 30 days after 1/1/22. This promotion does not apply to business card purchases. Net purchases do not include returns, balance transfers, refunds/reversals, fees, ATM transactions, or cash advances. The member’s account must be open and in good standing to earn cash back. Additional terms and conditions may apply and programs, rates, terms and conditions are subject to change without notice.