Balance Transfer

Start the New Year off right!

With a Balance Transfer from Commodore Perry, you can transfer your store and credit card balances and pay only 4.99% APR* for 9 months.

How it works: we pay off your current credit and store cards and put the balance on a Commodore Perry Visa credit card.

Why it’s better: you’ll pay only 4.99% APR for 9 months and after that you’ll still enjoy a great low rate. A lower interest rate means lower monthly finance charges on debt you’re paying off, meaning you can pay it off faster! Transfer all your cards and you’ll only have one credit card payment to make each month. You don’t even need to come in to the office to sign any paperwork!

Interested? If you don’t already have a Visa credit card from Commodore Perry, you can apply now (select Visa as your loan type). If you are already a Visa card member, please call or text any of the following numbers to get started:

Oak Harbor 419-898-3366
Port Clinton 419-734-4419
Elmore 419-862-0377

Please take a look at the following disclosures for this offer:

INTEREST RATES AND INTEREST CHARGES

Variable Annual Percentage Rate (APR) for Purchases 8.40% to 18.00% when you open your account, based on your creditworthiness. After that this APR will vary with the market based on the Prime Rate.
APR for Balance Transfers during Promotional Period 4.99% when you open your account during the Balance Transfer Promotional Period (January 1, 2019 – March 31, 2019).
APR for Balance Transfers 10.40% to 18.00% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
APR for Cash Advances 10.40% to 18.00% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
How to Avoid Paying Interest on Purchases Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month.
Minimum Interest Charge If you are charged interest, the charge will be no less than $1.00
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.

Fees

Set-up and Maintenance Fees

·   Annual Fee

·   Program Fee

·   Participation Fee

 

·  None

·  None

·  None

Transaction Fees

·   Balance Transfer Fee (during Promotional Period)

·   Balance Transfer Fee (after Promotional Period)

·   Foreign Transaction Fee

 

·   None

·  $25.00 or 3.00% of the amount of each balance transfer, whichever is greater (Maximum Fee: $25.00)

·  2.00% of each transaction is U.S. dollars.

 

Penalty Fees

·   Late Payment Fee

·   Over-the-Credit Limit Fee

·   Returned Payment Fee

 

 

·  Up to $25.00

·  Up to $25.00

·  Up to $25.00

 

 

How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).”

Minimum Interest Charge: The minimum interest charge will be charged on any dollar amount.

Effective Date: This information about the costs of the card above is accurate as of December 12, 2018. This information may have changed after that date. To find out what may have changed, contact the Credit Union.

The Ohio laws against discrimination require that all creditors make credit equally available to all credit worthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.

OTHER DISCLOSURES

Late Payment Fee: $25.00 or the amount of the required payment, whichever is less, if you are one or more days late in making a payment.

Over-the-Credit Limit Fee: $25.00 or the amount of the transaction exceeding your credit limit, whichever is less.

Returned Payment Fee: $25.00 or the amount of the required minimum payment, whichever is less.

*APR=ANNUAL PERCENTAGE RATE. APR AS OF DECEMBER 12, 2018. COMMODORE PERRY VISA CREDIT CARDS AS LOW AS 8.40% APR AND UP TO 18.00%. YOUR APR WILL BE BASED ON YOUR PERSONAL CREDIT HISTORY. PROMOTIONAL BALANCE TRANSFER RATE OF 4.99% WILL BE VALID FROM JANUARY 1, 2019 TO MARCH 31, 2019. PROMOTIONAL BALANCE TRANSFER RATE GOOD FOR NINE (9) MONTHS FROM THE DATE OF THE BALANCE TRANSFER, THEN WILL BE SUBJECT TO THE CURRENT RATE WHICH YOU QUALIFY FOR. NO MINIMUM BALANCE REQUIRED TO BE TRANSFERRED. ACCOUNT MUST BE IN GOOD STANDING THROUGHOUT THE PROMOTIONAL PERIOD TO CONTINUE PROMOTIONAL RATE. OFFER VALID ON NON-COMMODORE PERRY FCU VISA CREDIT CARD BALANCES ONLY. RESTRICTIONS, TERMS, AND CONDITIONS MAY APPLY. COMMODORE PERRY FCU RESERVES THE RIGHT TO CHANGE OR TERMINATE THIS PROMOTION AT ANY TIME. RATES ARE VARIABLE, TIED TO THE PRIME RATE, AND CAN CHANGE MONTHLY. 2% FOREIGN TRANSACTION FEE APPLIES. FOR MORE INFORMATION, PLEASE REFER TO COMMODORE PERRY FCU’S VISA CREDIT CARD AGREEMENT AND FEDERAL TRUTH-IN-LENDING DISCLOSURE STATEMENT OR CALL/TEXT 419-898-3366.