VISA OVER-THE-LIMIT OPT IN NOTICE
A great deal of media attention has been focused on the recent passage of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 which was created to protect your consumer rights as a user of credit cards and open end lines of credit. Much of the Act contains provisions that specifically address a number of concerns facing consumers today: i.e. raising interest rates on existing loan balances, fluctuating payment due dates, assessment of penalties and fees and the application of payment money to loan balances.
New Federal Regulations will require that all open end line of credit account holders must “opt in” to an over-the-limit service to allow them to exceed their credit limit.
To”Opt-In” please click here
Our Visa cards feature what is most important to you in a credit card:
- Low rates and fees for maximum affordability
- Worldwide acceptance for maximum purchasing power
- Cash Advance at the same rate
- Card Valet
You have a choice when it comes to finding the right card for your credit needs. Whether you’re looking for a card that charges fewer fees, or you just want a low rate, you’ll find it at The Southern Credit Union. To apply for a VISA Credit Card call 800.338.5882 or 770.719.1111 or click here for a Visa Credit Application.
|Credit Card Features||9/2/2016|
|APR* for Balance Transfers||11.90%||9.90%||
Prime Rate + 3.75%
|APR for Purchases||11.90%||9.90%||
Prime Rate + 3.75%
|APR for Cash Advances||11.90%||9.90%||
Prime Rate + 3.75%
|Variable Rate Information||None||None||Your APR may vary. **|
|Cash Advance Fee||$3 per transaction||$3 per transaction||$3 per transaction|
|Annual Fee||None||None||$25.00 Annually|
|Balance Transfer Fee||None||None||None|
|Minimum Finance Charge||None||None||None|
|Various Payment Options||Yes||Yes||Yes|
Late Payment Fee: Up to $35 Over the Limit Fee: $25 Charges incurred by use of the card are due on receipt of statement. *APR equals Annual Percentage Rate. Rates and terms are subject to change without notice. **The Rate is the Prime Rate plus 3.75% as published in The Wall Street Journal as of the last day of business each month, but will not be less than 7.0% or more than 8.9% APR. Information is accurate as of July 2016. This information may change thereafter.
Grace Period for Purchases: You have 25 days on average to repay your balance on purchases before a finance charge will be imposed.
Balance Calculation Method for Purchases: The finance charge is calculated on the average daily balance (including new purchases).
You can manage your Credit Union Visa account online. View your current account balance, available credit, minimum payment due, payment due date, and daily transaction activity. You can even make payments online.Free Online Access
The Credit Union offers free balance transfers from your other credit card and department store accounts. Call and speak with a loan officer for directions on how to transfer balances.
Credit Limit Increases
Once you have an established Visa Card with the Credit Union, you may want to apply for a credit limit increase. Perhaps you have had a change in employment status, a promotion or raise, and would like to be considered for a larger line of credit.
Share Secured Classic Visa
If you’re trying to establish credit or manage your credit better, a Secured Classic Visa may be right for you. With a credit line of up to $1,000 secured by your savings account, it has all the benefits of a regular Visa. This card is secured by your savings account, and you must keep a balance in your account equal to your credit limit.
Good credit is a basic building block to everyone’s financial independence. And whether for emergencies or convenience, it makes good sense for students to carry a Credit Union Visa. We’re committed to helping responsible students build good credit. We start students out with reasonable credit limits prudent for campus life.
Zero Liability policy means 100 percent protection for you. Visa’s enhanced policy guarantees maximum protection against fraud. Use your Visa card to shop online, in a store, or anywhere, and you’re protected from unauthorized use of your card or account information. With Visa’s Zero Liability policy, should someone steal your card number while you’re shopping online or off, your liability for unauthorized transactions is $0 you pay nothing.
Verified By Visa
Shop with confidence online when you enroll your Visa card in the Verified by Visa program. Additional security verifies your account ownership when you make online purchases. Simply click here and protect your credit card with a personal password.
One Gift Fits All – Visa Gift Cards
Looking for the right gift for that special someone? Choose the gift that’s the perfect fit for every occasionThe Southern Credit Union Visa Gift card. For birthdays, weddings, baby showers, and whenever you need just the right gift, The Southern Credit Union’s Visa Gift card is the one gift that they’re sure to enjoy. With a Visa Gift card, you decide the amount and they decide where to use it. So you can be sure they’ll get the gift they really want. To purchase a Visa Gift card, visit any branch.
Important Numbers for VISA Debit & Credit Card
Card Support: 770-719-1111 or 1-800-338-5882
Activation and PIN Selection: 1-800-992-3807
Lost or Stolen Cards (After Hours): 1-800-472-3272
Fraud Alert Service: 1-866-750-9107