Oh, Yeah, Baby! Check out the great rates on these Credit Cards!

 

With Financial Plus, you have options - VISA Classic, VISA Gold or VISA Platinum credit cards.  If you don’t have a Financial Plus credit card, now is the time to apply.

 

 

Have you looked recently at the interest rate on your credit cards and other charge cards? You may be shocked — many charge cards have rates of 19%, 22%, 25% or higher. Even the cards with the special introductory rates may now be at their regular (high) rates.

Call Lending Services at (810) 244-2200 or (800) 748-0451, or stop by any of our branches to find out about the options with a Financial Plus VISA.

 

 

Here's One Example of the Options You Have...

The CarCash Dollars rebate program for our VISA Classic and Gold credit cards allows you to earn a 1% rebate on purchases. The rebate may be redeemed when you purchase or lease a new or used vehicle – car, truck, van, SUV, motor home, and motorcycle (licensed for on-road use). If you finance the vehicle purchase with us, we will double the rebate.  Here's how it works:

 

•  Earn up to $500 (previously $250) in CarCash Dollars per calendar year. You may accumulate CarCash Dollars for 4 years, which means the new maximum is now $2,000. Finance with us and we’ll double the rebate up to $4,000.

  •  Save money on finance charges and earn money toward your next vehicle. Download a Balance Transfer form HERE or call our Lending Services department, (810) 244-2200 or (800) 748-0451.
      

 

 

 

Here Is What Financial Plus Offers You...Compare!
Financial Plus Federal Credit Union offers you all of the convenience of a VISA credit card without all the expense. We offer the options to meet your credit card needs. If you are interested in earning rebates good towards the purchase of a vehicle, select our VISA Classic or VISA Gold. If you are interested in our lowest interest rate, select our VISA Platinum.

 

 

VISA Classic

• 14.00% APR* on Purchase (15.00% APR* on Cash Advances)
• No Annual Fee
• 25-day Grace Period
• CarCash Dollars rebate program

This is our basic credit card that offers credit limits beginning at a low $500. This is a great card for individuals who are interested in, or only qualify for, a smaller credit limit.

With purchases using the VISA Classic card you earn CarCash Dollars that may be redeemed toward the purchase or lease of a new or used vehicle. For more details on CarCash Dollars, click here .

 

 

VISA Gold

 

• 13.00% APR* on Purchase (14.00% APR* on Cash Advances)
• No Annual Fee
• 25-day Grace Period
• CarCash Dollars rebate program

Our VISA Gold card offers a lower interest rates. Credit limits are available from $5,000 to $15,000. This is a great card for individuals who usually pay the balance in full or carry a small balance.

With purchases using the VISA Gold card you earn CarCash Dollars that may be redeemed toward the purchase or lease of a new or used vehicle. For more details on CarCash Dollars, click here .

 

 

VISA Platinum

 

• 8.00% variable APR* on Purchases, and 10.00% variable APR* for Cash Advances and Balance Transfers
• No Annual Fee
• 25-day Grace Period
• Super low rate in lieu of a rebate program

APR=Annual Percentage Rate
"Variable" means that the rate can adjust up or down quarterly based on the prime interest rate (the rate for purchases is prime + 2%, while the rate for cash advances is prime + 4%).

Our VISA Platinum card offers our lowest interest rates. Credit limits are available from $5,000 to $15,000. This is a great card for individuals who usually carry a balance and want to save on finance charges with our lowest rate.

 

To learn more about the benefits offered by VISA to its cardholders, visit the

VISA Enhancements page.

 

Consumer Alert

 

Check out the details on your current credit card. The special offer that attracted you to the card may have expired, and you may be paying more than you should be paying. Check out these common practices.

• Interest Rate – check your statement for the current interest rate you are paying for purchases and cash advances.
• “Default” Rate – many credit cards “default” rate (often as high as 25%) that becomes effect if you are late with a payment, go over your credit limit, or do something else that violates their credit card agreement.
• Fees – many credit card companies charge a $29 fee (sometimes more) if you are late making your payment, go over your credit limit, or your payment check bounces.
• Many credit card companies now charge a fee (commonly 3% of the amount) for cash advances. So you will probably pay a higher interest rate on cash advance, and you many also have to pay a fee.

If you find that the terms on your current credit card aren’t the same as when you first got the card, apply for a Financial Plus FCU VISA.

 

 

Balance Transfer

It’s easy to transfer the balance from more expensive credit cards or charge accounts. You can download a Balance Transfer form , complete it and return it to the credit union.  Or, contact our Lending Services department more information about balance transfers.

 

 

Automatic Payments

 

Most members take advantage of our convenient automatic VISA payment where the monthly payment is automatically transferred from you savings or checking account on the 25th day of the month. You avoid the hassle of writing and mailed a check or the problems of forgetting to make the payment on time. You can select one of three options:

1. Pay the full balance (you’ll avoid finance charges on purchases)
2. Pay the minimum payment (3.5% of the balance or $15.00, whichever is greater)
3. Pay at set amount (must be at least 3.5% of the credit limit )

 

Protecting Your Financial Plus Federal Credit Union VISA

 

As with most other Financial Plus loan programs, you can protect your VISA. Low-cost Credit Life and/or Accident and Health Insurance are available to protect your credit and most importantly, your family in the event of such a crisis.

 

 

Applying for a Financial Plus Federal Credit Union VISA

 

We offer 3 convenient ways for you to apply for a VISA credit card.

1. Apply online… select the card type for the online Credit Card Application:  Classic  •  Gold  •  Platinum.
2. Apply via mail… you can download a VISA Application and print it using Adobe Acrobat. Then just complete the loan application and mail it back to the credit union.
3. Apply via telephone … call the office at (810) 244-2200 or toll free (800) 748-0451 during business hours to apply for a VISA credit card.                                                                         

 

*APR is Annual Percentage Rate. Rates are effective October 1, 2007 and are subject to change without notice.