Important Information
Annual Percentage Rate
("APR") for Purchases |
0.00% during 6-month Introductory Period. Thereafter,
11.20%.
This APR is a variable rate, as explained below. |
| Other APRs |
Cash Advance APR: 15.20%.
Penalty APR: 23.75%.
See explanation below1.
These are variable rates as explained below. |
| Variable Rate Information |
Your APR may vary.
Purchase APR: The regular APR for Purchases is determined monthly by adding 5.95% to the Prime Rate.
Cash Advance APR: The regular APR for Cash Advances is determined monthly by adding 9.95% to the Prime Rate.
Penalty APR: The Penalty APR is determined monthly by adding 18.50% to the Prime Rate.
See explanation below2. |
Grace Period for Repayment
of the Balance of Purchases |
At least 20 days when you pay your balance in full each month. |
Method of Computing the
Balance for Purchases |
Two-cycle average daily balance (including new purchases). |
| Annual Membership Fee |
None. |
| Minimum Finance Charge |
Fifty cents ($0.50). |
| Late Payment Fee |
From $15 to $39, depending on amount of New Balance. |
| Other Fees |
Over-the-credit-limit fee: $35.
Cash Advance Fee: 3% of Cash Advance amount ($15 minimum, $50 maximum).
Balance Transfer Fee: 3% of the Balance Transfer amount ($15 minimum and no maximum on the amount of the fee.)
Other fees may apply. |
- The Penalty APR applies to accounts in which payment is more than 30 days past due. The Penalty APR will
apply until your payment history has been satisfactory for 6 consecutive monthly Billing Periods.
- The Prime Rate used to determine the APR for Purchases and for Cash Advances is the highest Prime Rate
published in The Wall Street Journal on the fifteenth (15th) day of each month, or the next business day,
if the 15th falls on a weekend or holiday, provided however, that the Prime Rate used to determine the APR
for Purchases and for Cash Advances will never be less than 5.25%. The periodic rate finance charge for
Purchase Advances and Cash Advances will not exceed 25% Annual Percentage Rate. The periodic rate finance
charge for Penalty APR will not exceed 27.90% Annual Percentage Rate.
Cardholder Agreement. For additional information about the costs and terms of the Account, see
Issuer's Cardholder Agreement, which will be sent with the Card. The Cardholder Agreement and the Account
will be governed by Missouri and applicable federal law, but the Issuer will rely on the provisions of
Nebraska law with respect to the fees and charges (other than interest) that apply to your Account, as
authorized by Missouri Revised Statutes Section 408.145. The Cardholder Agreement permits the Issuer to
change the terms of this Account, including the rates, fees and other credit terms, upon notice to cardholder
and subject to the provisions of applicable law.
Important Information About Procedures For Opening A New Account. Our bank complies with Section
326 of the USA PATRIOT Act. This law mandates that we collect and verify certain information about you while
processing your Account application. Please talk with a Bank representative if you have questions.
Important. This information about the costs of credit cards is accurate as of May 1, 2008. This
information may have changed after that date. To find out what may have changed, call us at 800-821-5184 or
write to us at UMB Bank, n.a., P.O. Box 419734, Kansas City, Missouri 64141-6734.
