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Transit Employees Federal Credit Union

Classic Secured Visa

How to Apply

Apply online today by logging into your Online Banking account. Select your account and "Apply for Loan".

Terms and Conditions

Rates and Fees Table
Annual Percentage Rate (APR) for Purchases 15.99%*
APR for Balance Transfers


APR for Cash Advances 18.00%*
Credit Line Varies**
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.
Annual Fee $25.00
Transaction Fees

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.

Other Fees
Late Payment: $15.00
Return Payment: $25.00
Pay-by-Phone: $10.00

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).

Contact Information

Cardholder Service: (301) 289-9800, opt. 1
Report Lost/Stolen Card: (888) 297-3416
Card Activation and PIN Management: (800) 290-7893

*APR = Annual Percentage Rate. APR is subject to change.
**The credit limit established for the Classic Secured Visa® credit card will vary depending on the balance that is maintained in a TEFCU Special Savings Share account. The balance of the Special Savings Share account equals the credit limit established for the member's Classic Secured Visa® credit card. TEFCU offers a minimum credit limit of $300.00. Credit limits will be granted in increments of $100.00.