How to Apply
Terms and Conditions
|Rates and Fees Table|
|Annual Percentage Rate (APR) for Purchases||14.99%*|
|APR* for Balance Transfers||
|APR* for Cash Advances||16.99%|
|How to avoid paying interest on purchases||Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay the entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date.|
|Minimum Interest Charge||Either 3% of the remaining credit balance or $20.00, whichever is greater.|
|Automatic Payment from Savings or Checking Account||Available|
|For Credit Card Tips from the Consumer Financial Protection Bureau||To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau.|
Cash Advance: Either $5.00 or 1% of the amount of each Cash Advance, whichever is greater (maximum fee: $50.00).
Foreign Currency: 1% of each transaction after conversion to US dollars.
Late Payment: $15.00
Return Payment: $25.00
Overlimit Fee: $29.00**
|Set-up and Maintenance Fees||
Military Lending Act Disclosures
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 percent. 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).
Tele-Connect: (202) 526-8414
Cardholder Service: (800) 299-9842
Report Lost/Stolen Card: (800) 299-9842
**Members have the option to opt into TEFCU Overlimit Coverage.