Credit Card Disclosures

Married persons may apply for credit as individuals. If this is an application for an individual account and you are relying on your own income or assets (in community property states, separate income or assets) and not the income or assets of another person (or community property) for repayment of the credit requested, questions relative to marital status and to income resources and assets of the spouse need not be answered. Only the applicant's resources will be evaluated in determining credit worthiness.

Interest Rate and Interest Changes


How We Will Calculate Your Balance: We use a method called "average daily balance (including current transactions)." This balance is figured for Purchases, for Balance Transfers, and for Cash Advances, separately, by adding the outstanding balance (including current transactions and deducting payments, credits, unpaid interest charges, and unpaid fees) for each day in the billing cycle, and then dividing by the number of days in the billing cycle.

1The APR is determined by adding the "Margin" to the "Prime Rate." The "Margin" differs for Purchases and Cash Advances as follows:

2The "Prime Rate" is the prime rate published in the "Money Rates" column of The Wall Street Journal on the computation dates. The computation dates will be December 1, March 1, June 1, and September 1 (or if such dates do not fall upon a business day, the first publication day thereafter). The APRs are based on the 3.25% Prime Rate on 12/1/2015. The maximum APR and penalty APR for Purchases and Cash Advances will never be greater than the lesser of 29.99% or the maximum rate permitted by law.

3The penalty APR is determined by adding the "Margin" to the "Prime Rate." The "Margin" differs for Purchases and Cash Advances as follows:

The information about the costs of the card described in this Application was posted on and is accurate as of 12/2015. This information may have changed after that date. To find out what may have changed, call us at 309.633.7000 or 1.800.633.7077 or write to us at CEFCU, P.O. Box 1715, Peoria, IL 61656-1715.

Important Information — Please Read

A) No applicant may be denied a credit card on account of race, color, religion, national origin, ancestry, age (between 40 and 70), sex, marital status, physical or mental handicap unrelated to the ability to pay or unfavorable discharge from military service. B) The applicant may request the reason for rejection of his or her application for a credit card. C) No person need reapply for a credit card solely because of a change in marital status unless the change in marital status has caused deterioration in the person’s financial position. D) A person may hold a credit card in any name permitted by law that he or she regularly uses and is generally known by, so long as no fraud is intended thereby. FOR ALL APPLICANTS: You must be at least 18 years old to qualify. If approved, you will receive a Cardholder Agreement with your card(s). By using the account or any credit card, or by authorizing their use, you agree to be bound by the terms of the Cardholder Agreement. "You" and "your" mean the primary cardholder, any other cardholder(s), and any person who has been authorized by you to receive and use the card.