Home | About Us | Careers | Contact Us | Site Map Friday 09.03.10
LoansSavingsServicesBusiness ServicesToday's Rate'sMember Center
Today's Rates
Loan RatesVehicles & MotorcyclesRecreational VehiclesMortgagesHome Equity LoansCredit CardsBusiness Credit Card RatesOther Loan RatesSavings & Checking RatesFee ScheduleBusiness Fee ScheduleBusiness Savings Rates

Have questions?

Credit Card Rates and Disclosures

 

Following are Lake Trust rates
and fees and are subject to change.
 

 

INTEREST RATES AND INTEREST CHARGES

Annual Percentage Rate (APR) for Purchases

Visa Platinum Elite
8.75%, 9.75%, 10.75%, 15.75%, or 18.75% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

Visa Platinum Elite Rewards
10.75%, 11.75%, 12.75%, 17.75%, or 20.75% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

APR for Cash Advances

Visa Platinum Elite
11.75%, 12.75%, 13.75%, 18.75%, or 21.75% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

Visa Platinum Elite Rewards
13.75%, 14.75%, 15.75%, 20.75%, or 23.75% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

APR for Balance Transfers

Visa Platinum Elite
11.75%, 12.75%, 13.75%, 18.75%, or 21.75% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

Visa Platinum Elite Rewards
13.75%, 14.75%, 15.75%, 20.75%, or 23.75% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

How to Avoid Paying Interest on Purchases

Your due date is at least 25 days after the close of each billing cycle. We do not charge you interest on purchases if you pay your entire balance by the due date each month.

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 Web site of the Federal Reserve Board at http://www.federalreserve.gov/creditcard.
FEES

Transaction Fees
  •  Foreign Transaction Fee

1.00% of each transaction in U.S. dollars

Penalty Fees
  •  Late Payment Fee
  •  Returned Payment Fee

Up to $35.00

Up to $25.00 per returned payment
How We Will Calculate Your Balance.  We use a method called "average daily balance (including new purchases)."
Effective Date. The information about the costs of the card described in this application is accurate as of 01/01/2010. This information may have changed after that date. To find out what may have changed, contact the Credit Union.
OTHER DISCLOSURES

Other Fees
  •  Statement Copy Fee
  •  Rush Fee
  •  Stop Payment Fee
  •  Research Fee
  •  Sales Draft Copy Fee
  •  Card Replacement Fee

$2.00 per statement
$20.00 per card

$28.00 per request

$20.00 per hour, minimum of one (1) hour

$5.00 per sales draft
 

$25.00 per card
 Visa Platinum Elite - purchase                                 
Tier Rate Floor Ceiling
Tier 1 Prime + 5.50 0.00 23.99%
Tier 2 Prime + 6.50 0.00 23.99%
Tier 3 Prime + 7.50 0.00 23.99%
Tier 4 Prime + 12.50 0.00 23.99%
Tier 5 Prime + 15.50 0.00 23.99%
 Visa Platinum Elite Rewards - purchase               
Tier Rate Floor Ceiling
Tier 1 Prime + 7.50 0.00 23.99%
Tier 2 Prime + 8.50 0.00 23.99%
Tier 3 Prime + 9.50 0.00 23.99%
Tier 4 Prime + 14.50 0.00 23.99%
Tier 5 Prime + 17.50 0.00 23.99%

 

 © 2010 Lake Trust Credit Union
Home | About Us | Contact Us | Site Map | Disclosures | Privacy
Equal Housing Opportunity and NCUA insured
501 S. Capitol Avenue, Lansing, Michigan 48933-2320 | p 888.267.7200
Lake Trust Credit Union name and logo are protected
Routing Number 272482265
Twitter Facebook YouTube Tumblr