Skip to Sitemap

Compare Our Credit Cards

Interest Rate and Interest Charges TCU* Visa® Platinum Credit Card TCU* Visa® Signature Rewards Credit Card
Annual Percentage Rate (APR) for Purchases

1.99% introductory APR for the first twelve months.


After that, your APR will be 9.00%, 11.00%, 13.00%, 15.00% or 19.00% based on your creditworthiness.

This APR will vary with the market based on a Prime Rate.a

1.99% Introductory APR for the first 12 months.

After that, your APR will be 13.00%, 15.00%, or 17.00% based on your creditworthiness.

This APR will vary with the market based on a Prime Rate.a

APR for Balance Transfers from another financial institutiond

1.99% introductory APR for the first twelve months.

After that, your APR will be 9.00%, 11.00%, 13.00%, 15.00% or 19.00% based on your creditworthiness.

This APR will vary with the market based on a Prime Rate.a

1.99% Introductory APR for the first 12 months.

After that, your APR will be 13.00%, 15.00%, or 17.00% based on your creditworthiness.

This APR will vary with the market based on a Prime Rate.a

APR for Cash Advances

11.50%, 13.50%, 15.50%, 17.50% or 21.00% based on your creditworthiness.

This APR will vary with the market based on a Prime Rate.b

13.00%, 15.00% or 17.00% based on your creditworthiness.

This APR will vary with the market based on a Prime Rate.b

Paying Interest Your due date is at least 25 days after the close of each billing cycle. We will begin charging interest on Purchases, Balance Transfers and Cash Advances on the transaction date. To avoid incurring interest charges, for new purchase transactions, you must pay the new balance which includes purchases, balance transfers and cash advances, as shown on the Account Statement, on or before the payment due date. Your due date is at least 25 days after the close of each billing cycle. We will begin charging interest on Purchases, Balance Transfers and Cash Advances on the transaction date. To avoid incurring interest charges, for new purchase transactions, you must pay the new balance which includes purchases, balance transfers and cash advances, as shown on the Account Statement, on or before the payment due date.
Minimum Interest Charge If you are charged interest, the charge will be no less than $0.50. If you are charged interest, the charge will be no less than $0.50.
For Credit Card Tips from the Consumer Financial
Protection Bureau
To learn more about the factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at: Consumerfinance.gov/learnmore To learn more about the factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at: Consumerfinance.gov/learnmore

FEES

Annual Fee None None
Balance Transfer Fee $5 or 5% per transaction, whichever is greater $5 or 5% per transaction, whichever is greater

Penalty Fees

Late Fees IN - $25.00c, MI - greater of $15.00 or 5% of the minimum payment IN - $25.00c, MI - greater of $15.00 or 5% of the minimum payment
Return Payment Fee $25.00 $25.00
Expedited Delivery
Fee
up to $26.00 up to $26.00
Stop Payment Fee (for balance transfer checks and convenience checks) $18.00 $18.00

How We Calculate Your Balance. We use a method called “average daily balance (including new purchases).
Prime Rate. Variable APRs are based on the 5.00% Prime Rate as of 10/1/19.
Billing Rights. Information on your rights to dispute transactions and how to exercise those rights is provided in your Account Agreement.
*Must be a member of Teachers Credit Union to be eligible to apply for the Credit Card. Membership fee, to open a Member Share (savings) account is  $7.00 membership fee and $5.00 minimum Share deposit is required. See your Account Agreement for more details.

TCU Visa® Platinum Credit Card

  1. We add 4.00%, 6.00%, 8.00%, 10.00% or 14.00% based upon your creditworthiness to the current Prime Rate to determine the Purchase APR or Balance Transfers.
  2. We add 6.50%, 8.50%, 10.50%, 12.50% or 16.50% based upon your creditworthiness to the current Prime Rate to determine the Cash Advance APR.
  3. Late Charge: IN: You will pay a $25.00 late charge; or the maximum allowed by law pursuant to Indiana Code 24-4.5-3-203.5 at the time you exercise your remedies under this contract if a payment is received more than 10 days after it is due. MI: Greater of $15.00 or 5% of the minimum payment if payment is received more than 10 after it is due.
  4. Balance Transfers from another Teachers Credit Union loan account, including THE Card Home Equity Loan, are not permitted on the TCU Visa® Platinum Credit Card.

TCU Visa®  Signature Rewards Credit Card

  1. We add 8.00%, 10.00% or 12.00% based on your creditworthiness to the current Prime Rate to determine the Purchase APR or Balance Transfer APR.
  2. We add 8.00%, 10.00% or 12.00% based on your creditworthiness to the current Prime Rate to determine the Cash Advance APR.
  3. Late Charge: IN: You will pay a $25.00 late charge; or the maximum allowed by law pursuant to Indiana Code 24-4.5-3-203.5 at the time you exercise your remedies under this contract if a payment is received more than 10 days after it is due. MI: Greater of $15.00 or 5% of the minimum payment if payment is received more than 10 after it is due.
  4. Balance Transfers from another Teachers Credit Union loan account, including THE Card Home Equity Loan, are not permitted on the TCU Visa® Signature Rewards Credit Card.