Visa Credit Card Disclosure
| Annual Percentage Rate (APR) for Purchases |
as low as 5.99% - 16.99%* |
| Other APRs |
Cash Advance Rate: 5.99% - 16.99%*
Balance Transfer Rate: 5.99% - 16.99%* |
| Grace Period for repayment of balance for purchases |
At least 25 days from billing date to repay your balance before a finance charge will be imposed if beginning balance is zero. |
| Method for computing the balance for purchases |
Average Daily Balance, including new purchases |
| Minimum Finance Charge |
None |
| Annual Fee |
None |
| Cash Advance Fee |
None |
| Balance Transfer Fee |
None |
| Over Limit Fee |
$5 - $25.00 |
| Late Payment Fee |
$5 - $25.00 |
| Returned Check Fee |
$25.00 |
*Qualified Lending Program Notice: Credit terms offered to you may be less favorable than the most favorable terms offered to most members.
TERMS AND CONDITIONS
By signing and returning this application by the expiration date, I ask that a credit card account be opened in my name and a card be issued in my name. I agree to be liable for all charges on my account, including charges incurred with any additional card(s) issued on my account now or in the future. I understand that the Cardholder Agreement governing the account also provides, among other things, that the account terms, such as fees, are subject to change. I understand that my credit card may not be issued to me if this form is altered; the information on it is not complete, accurate, or verifiable.
IMPORTANT: The Cardholder Agreement will accompany the delivery of the card. You understand that use of your card will constitute acknowledgement of receipt and agreement to the terms.
I understand that I must provide all the information requested in this application, and I certify that such information is accurate. I authorize you to verify the information on this application and to receive and exchange information about me, including requesting reports from consumer reporting agencies. If I ask whether or not a consumer report was requested, you will tell me, and if you received a report, you will give me the name and address of the agency that furnished it. I agree that illegal use of any financial service will be deemed an action of default and/or breach of contract and such service and/or related service may be terminated at Coastal Federal Credit Union’s (Coastal) discretion. Should illegal use occur, I waive the right to sue Coastal for such illegal activity. I also agree to indemnify and hold Coastal harmless in any suits or other legal action or liability, directly or indirectly, resulting from such illegal use. You agree that you will not use your card for any transaction that is illegal under applicable federal, state and local laws
Because this offer is pre-qualified, information contained in your file at a credit reporting agency was used in connection with this offer. You received this offer because you satisfied the criteria for creditworthiness under which you were selected. You may not receive this offer if, after you responded to this offer, you do not meet the criteria used to select you or any applicable criteria bearing on your creditworthiness. You have the right to prohibit information contained in your file at a credit reporting agency from being used in connection with any credit transaction that you do not initiate. You may do so by writing Equifax Options, PO Box 740123, Atlanta, Ga 30374-0123.
Balance Transfer: Excludes current Coastal loans and credit card account. If transfer information you provide is incomplete, Coastal will not be able to process the transfer request. Transfers will be sent only to recognized creditors or financial institutions and will not be sent to your home or billing address. Please continue to make your minimum required payment until the requested transfer payment appears on that account’s billing statement. Coastal is not responsible for any remaining balance on that account, or for any finance or other charges you incur due to delays in transferring a balance. If you transfer an amount for a transaction you dispute, you may lose some or all of your rights against the creditor. While Coastal can pay your accounts directly, Coastal cannot close them for you. If you wish to close any of the transfer accounts, you must do so yourself. Account balance transfers are contingent upon account setup and assigned credit limit. In some cases, Coastal may not be able to process a balance transfer request. Payments applied first to transferred balance.
The above information is correct as of January 1, 2005 and is subject to change. This account is only for personal, family, and household purposes. It is not for business or commercial purposes. This offer supersedes all prior offers. You agree to be bound by the terms of the Cardholder Agreement, which will be sent with the card(s). You also agree that the Cardholder Agreement and your Account are governed by North Carolina and applicable federal law and that the Cardmember Agreement is subject to change (including, but not limited to, increasing the rates and fees).
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