Credit Card Assignment

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Submitted By thomasj3599
Words 930
Pages 4
Credit Card features | Card # 1 | Card #2 | Card #3 |
APR(Fixed or Variable) | 0% APR for first 12 billing cycles then Variable APR between 14.99% - 22.99% Will Apply. | 15.99% Fixed APR | 0 % APR through 11/2015 billing period then Variable APR between 12.9% - 22.9% Will Apply. |
Penalty APR and trigger event when it is charged? | Up to 29.99 % based on creditworthiness. This APR may be applied to a new transaction on your account if you make a late payment. | Up to 29.99%. This is triggered when: if you fail to make any Minimum Payment by the date and time due or make a payment to us that is returned unpaid. | 29.4% and the trigger event when it is charged is: if you make a late payment. |
Annual Fee | $0 | $0 for 1st year then $95 | $0 |
Late Fee | Up to $35 | Up to $15 if balance less than $100. Up to $25 if balance is between 100 but less than 250. Up to $35 if the balance is $250 or more. | Up to $35 |
Over the Limit fee | Up to $25 | Up to $35 | None |
Transaction Fees (balance transfers, cash advance, etc.) | Balance Transfers- 14.99 % to 22.99 % based on credit worthiness. Cash advance- 17.99% to 24.99 % based on credit Worthiness. | Balance transfer- 15.99 %. Cash advance- 19.24%. Overdraft advance- 19.24%. | Balance transfer- 0% through 11/2015 billing period. Then 12.9% to 22.9% based on credit worthiness. Cash advance- 24.9% based on credit worthiness. |
Grace Period | Due date is at least 25 days after close of each billing cycle. | Due date is at least 21 days after close of each billing cycle. | Due date is at least 25 days after close of each billing cycle. |
Method for computing account balance | A method called “average daily balance (including new purchases).” Is used. | Use of daily balance method (including new transactions). | A method called “average daily balance (including new transactions) is used. |
Rewards for use…...

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