Interest rates and interest charges

Annual percentage rate (APR) for cash advances

This APR will vary with the market based on the Prime Rate. *

Paying interest

You will be charged interest on each advance from the transaction date.

Fees

Annual fee

$0

Penalty fee  - late payment

$25

How we will calculate your balance

We use a method called the “daily balance (including current transactions).” See your account agreement for more details.

Billing rights

Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.

No limits on rate changes; the effect of rate increases

The APR and daily periodic rate may change monthly. There are no limits on the amount of changes to the APR or daily periodic rate. An increase in the APR and daily periodic rate will cause an increase in your required payments.

*Variable rate information: The quoted APR is current as of and is variable based on the Prime Rate plus a margin of . As of , the Prime Rate is . The APR may change at any time prior to or after account opening. After account opening, the APR may change monthly as described in your account agreement. The current daily periodic rate corresponding to the APR is . Because it corresponds to the APR, it is also variable and may change prior to or after account opening and, after the account is opened, may change monthly. See your account agreement for more details at “Calculation of Interest Charges; Daily Balance Method (including current transactions).”

Military Relief

Military Lending Act Notice. Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an Annual Percentage Rate of 36%. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). To hear this same disclosure and for a general description of your payment obligations for this account, please call 1-855-787-7764.

For our clients in the military, find out more about other statutory relief that may be available to you at TIAABank.com/scra.