VISA Business Credit Card
- The Annual Percentage
Rate for purchases and cash advances is 13.85%.
- No finance or service
charge will be assessed on purchases of goods or services if payment
is received in full within 25 days of the closing date of the prior
billing period. On cash advances finance charges are assessed from the
day the cash advance posts to your account until the day we receive
payment in full.
- Annual membership
fee is $20.
- The Average Daily
Balance method is used to calculate the finance charge, $.50 minimum
finance charge.
- Returned check
fee - $10; Overlimit fee-$10; Late payment fee - $10.
- Cash Advance fee - 2.0% of advanced amount; (Minimum $2.00; Maximum $10)
| Annual Percentage Rate | For Purchase
and Balance Transfers: 8.90% Introductory Annual Percentage Rate for the first six months (180 days) following the date of account opening, and the regular Annual Percentage Rate of 13.85% thereafter For Cash Advances: 13.85% regular Annual Percentage Rate. |
| Grace Period for the Repayment of Balances | For Purchases
and Balance Transfers: You have 25 days after the end of a billing
cycle to repay your balance in full before a finance charge on purchases
will be imposed. For Cash Advances: None |
| Balance Computation Method | Average Daily Balance (including current transactions). |
| Annual Fees | None |
| Minimum Finance Charge | $.50, applicable only during billing cycles when a finance charge accrues. |
| Transaction Fee for purchases | None |
| Transaction Fee for Cash Advances | Transaction Fee
For Cash Advances: 2% of transaction amount, $2.00 minimum and $10.00
maximum. Late Payment Fee: $10.00 Over-The-Credit Limit Fee: $10.00 |
Additional Fees: Returned Check Fee: $10.00. Balance Transfer Fee: None.
Illinois Residents Only: Residents of Illinois may contact the Illinois Commissioner of Banks and Trust companies for comparative information on interest rates, charges, fees and grace periods. State of Illinois-CIP, P.O. Box 10181, Springfield, Illinois 62791, telephone (800) 634-5452.
The information above is current as of December 1, 2007, and is subject to change. To find out if changes have occurred since this date, you may write to us at P.O. Box 517 Washington, IA 52353. VISA and MasterCard and the VISA and MasterCard logos are registered trade names and trademarks of VISA International Services, Incorporated and MasterCard International, Incorporated, respectively. Cards are issued on our behalf by our affiliate, Central State Bank, Muscatine, Iowa. West Chester Savings Bank and Central State Bank are Equal Opportunity Lenders and Members FDIC.
