Patelco 万事达卡® credit cards are uniquely designed to fit your lifestyle. With an everyday low 率, $0 balance transfer fee and no annual fee, they work for you on your financial journey.
You won’t find a teaser 率 here. Get a competitive low 率 on purchases and balance transfers.
获得奖励 Points on purchases, plus 2X points on gas and grocery. Enjoy flexible redemption options.
Build your 奖励 Points balance with every purchase and 2X points on student expenses.
Establish or rebuild your credit while having the flexibility to use a credit card.
Manage your account, check your balance and set-up account alerts.
Tap and pay wherever you see the contactless symbol at checkout.
Making paying a breeze, from your mobile device.
The convenient way to manage your 奖励.
No-cost personal information protection with your 万事达卡 debit or credit card.
Additional protection should someone make unauthorized purchases with your card.
On credit cards, the interest 率 and APR are the same thing.
Some financial products have a different interest 率 and APR (annual percentage 率). That’s because the interest 率 is the 率 to borrow the money itself; it’s based on market 率s and your individual credit score. 的4月, on the other hand, includes other fees and costs that are also part of the loan; it’s decided by the lender. You can think of the interest 率 as a way of determining your monthly costs, the APR as a way to determine the entire cost of the loan. Federal law requires that lenders like us tell you the APR in every consumer loan agreement.
The interest 率 on your credit card, also known as the Annual Percentage 率 (APR), is used to calculate charges for borrowing money (i.e. using your card) each monthly statement period. If you pay off your card in full every month, you won’t be charged interest. The interest 率 will vary from card to card and person to person, depending on things like your credit history and credit score. The interest 率 you are charged is also affected by the interest 率s in the economy.
We calculate your monthly charges based on your balance and your annual percentage 率 (APR). If you do pay your card off in full each month, you won’t be charged for interest.
If you don’t pay your card off in full each month, you will be charged for interest. Even though your APR is a percentage expressed in terms of a year, it is also used to calculate charges for a single month. Think about miles per hour – if you’re traveling 40 miles per hour, you will travel 40 miles in an hour. But you can still travel 40 miles per hour even if you only drive for thirty minutes.
When you carry a balance and don’t pay off your card in full, you’ll be charged for interest based on the annual 率, but calculated in terms of how long you’ve carried that balance.
A primary advantage of debit cards is that they can help you stay on budget – because the purchase is debited out immediately from money you already have. It’s more difficult to overspend with a debit card.
Another advantage of a debit card is that it usually comes with no fees and an easy application. You don’t need a high credit score to qualify for a debit card. All of Patelco’s checking accounts come with a no-fee debit card.
A primary advantage of credit cards is that they allow you to make larger purchases that you may not have the cash for right now – such as an appliance or an unexpected car repair.
Another advantage of credit cards is that they are an easy way to build your credit history and (when used properly) increase your credit score. Having an established credit history and a good credit score can help you get a better loan later for buying a car or a house.
Whether you need a debit card or a credit card, Patelco has options – and we’re always ready to talk to you if you need help deciding whether to use a credit card or which credit card to apply for. Visit one of our branches or call us today. Or, if you’re ready, apply online.
There are three main types of fees for credit cards: transaction fees, 滞纳金, 年费. 费用 are different from interest, which is charged when you don’t pay off your card in full each month.
Transaction fees
Many banks charge transaction fees for things like going over your limit or making balance transfers. At Patelco, our cards do have fees for taking a cash advance or making a foreign purchase. Most of our cards have zero balance transfer fees or overlimit fees. Check out the benefits of individual cards to see if any fees apply. We think you’ll be delighted how many fewer fees we charge as compared with banks and even other credit unions.
滞纳金
If you pay your card late, we may charge up to $15 as a late fee. This is lower than the fee charged by many banks.
年费
When credit cards have an annual fee, that’s usually because the card has excellent perks and rewards. The fee is used to help cover the cost of those benefits. Patelco’s cards have no fee, even the ones with great additional benefits.
Saving money on credit card fees
我们的 fee schedule lists all the fees for our cards. When you apply for and receive one of our cards, we’ll list any potential fees in a disclosure that you’ll get after opening the account. Most credit card fees can be avoided.
You have the flexibility to redeem your points for what you want and when you want. Points can be redeemed for cash back to your Patelco 检查 or 储蓄 account or apply it to your balance, 礼品卡, travel and more.
Your points do not expire and can be redeemed as long as your account is open.
