Citizens Trust Bank VISA® Classic Secured Credit Card Rates and Fees

Interest Rates and Interest Charges

Annual Percentage Rate (APR) for Purchases

11.25%

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

APR for Balance Transfers

11.25%

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

APR for Cash Advances

11.25%

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

Penalty APR and When It Applies

 

 

 

 

 

21.00%

This APR may be applied to your account if you make a late payment

 

How Long Will the Penalty APR Apply?  If your APR is increased for this reason, the Penalty APR will apply until you make six consecutive minimum payments when due.

How to Avoid Paying Interest on Purchases

Paying Interest

 

 

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 $1.50.

 

For Credit Card Tips from the Federal Reserve Board

To learn more about factors to consider when applying for or using a credit card,

visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard.

 

Fees

Annual Fee

 

None.

 

Transaction Fees

 

  • Balance Transfer

 

  • Cash Advance

 

  • Foreign Transaction

 

 

 

There is no balance transfer fee assessed

 

$1.50 is the amount of each cash advance

 

There is not a foreign transaction fee for this card

 

 

Penalty Fees

  • Late Payment Fees

 

  • Over-the-Credit Limit

 

  • Returned Payment

 

 

 

Up to $35.00

 

Up to $35.00

 

Up to $35.00

 


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

The information contained this disclosure is updated regularly, but may have changed since the last publication. To determine what provisions may have changed, you may write to us at Citizens Trust Bank, Attention: Loan Administration Department, P.O. Box 4485, Atlanta, Georgia 30302 or call us at our toll free number 1-888-214-3099.

 

I understand the Credit Card Terms and Conditions