This program is issued and administered by TCM Bank, N.A. This information is accurate as of November 1, 2018. The variable rates, the fees, and the terms are subject to change. To find out if any rates, fees or terms have changed, please write to: TCM Bank, N.A. P. O. Box 31537, Tampa, FL 33631.
Introductory Annual Percentage Rate (APR) for Purchases and Balance Transfers:
0% Introductory APR applies for the first six billing cycles from date of account opening.* When the Introductory Period ends, your APR will change to the Standard APR.
Standard Annual Percentage Rate (APR) for Purchases and Balance Transfers:
13.99% to 23.99%, based on your creditworthiness. Your APR will vary with the market based on Prime Rate.**
APR for Cash Advances
25.99%. Your APR will vary with the market based on Prime Rate.**
How to Avoid Paying Interest on Purchases
Your due date is at least 23 days after the close of each billing cycle. You will not be charged interest on purchases if you pay your entire balance by the due date each month.
Minimum Interest Charge
If you are charged interest, the charge will be no less than $1.00.
Transaction Fees: Balance Transfer
3% of each balance transferred. Waived for balance transfers at time of account opening.
Either $10 or 3% of each cash advance, whichever is greater.
Cash Advance Foreign Transaction
If the merchant is outside of the U.S., the fee is:
a) 3% of the U.S. dollar amount of the transaction, if converted from a foreign currency,
b) 2.8% of the U.S. dollar amount of the transaction, if made in U.S. dollars.
$19 on balances less than $100;
$29 on balances $100 and over but less than $250;
$39 on balances of $250 or more.
Over Limit Fee
*Loss of the Introductory APR: If you make a late payment, or make a payment that is returned unpaid, we may end your Introductory APR for Purchases and Balance Transfers and apply the standard Purchase and Balance Transfer APR. **We add a margin to the Prime Rate to determine variable APRs. We use the highest Prime Rate listed in The Wall Street Journal on the last business day of the calendar month prior to your statement closing date (for example, if your statement closed on March 15, we would use the Prime Rate in effect on February 28 for your current statement period that covers February 16 – March 15 period). APRs shown here are based on the 4.75% Prime Rate in effect on May 1, 2018. For each billing period, the APR is determined by adding a margin to the Prime Rate.
TERMS AND CONDITIONS
When you ("you" or "your" mean the owner, officer, or partner of the Business with the authority to bind the Business) complete the Application for a business card form TCM Bank, N.A. ("TCM", "we", or "us), you agree to the following: