IF YOU'RE LOOKING FOR A NO FRILLS CARD WITH A LOW RATE, THIS ONE IS FOR YOU!
$0 Annual Fee
Keep more of your money
Fixed Annual Percentage Rate
APR (For purchases, balance transfers, and cash advances): 15.90%
Leave your card at home - Apple Pay, Google Pay™, and Samsung Pay enabled
|Purchase APR||Balance Transfer APR||Cash Advance APR|
|15.90% Fixed||15.90% Fixed||15.90% Fixed|
Please see †Important Disclosures for interest rate, fee, and other information. All terms may be subject to change.
|Interest Rates and Interest Charges|
|Annual Percentage Rate (APR) for Purchases||15.90% FIXED|
|APR for Balance Transfers||15.90% FIXED|
|APR for Cash Advances||15.90% FIXED|
|Penalty APR and When It Applies||
The Penalty APR may be applied to your account if you:
1) Make a late payment
2) Make a payment that is returned.How Long Will the Penalty APR apply? If your APRs are increased, the Penalty APR will apply until you make six (6) consecutive minimum payments when due.
|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 interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances on the transaction date. You cannot avoid paying interest on Cash Advances.|
|Minimum Interest Charge||No minimum interest charge.|
|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|
||Either $10 or 3% of each cash advance, whichever is greater.|
||No fee for transfer of balance from another credit card.|
||1% of the transaction amount.|
||Up to $35 assessed 10-days after payment due date.|
||Up to $35.|
||Up to $10.00|
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."
Billing Rights: Information on your rights to dispute transactions and how to execute those rights is provided in Paragraph 15 of the "Credit Card Contract and Initial Disclosure Statement".
The information on this application is accurate and effective as of July 1, 2020. This information may change after that date. You should contact First Bank of Alabama, P.O. Box 797, Talladega, AL 35161 or at 256-362-2334 for any change of this information after July 1, 2020.
Refer to the "Credit Card Contract and Initial Disclosure Statement" enclosed for additional important disclosures and other information.