What annual percentage rate (APR) of interest is charged on club card account balances?
The club card’s interest rate is several percentage points below the industry average, at no more than five percentage points above the Prime Lending Rate. No interest is charged if your account is paid in full within 25 days of the billing date. A $20 late payment fee is charged on account balances of $50 or more if the minimum payment is not received by the due date. If there are extenuating circumstances leading to your late fee, contact the Bank. How can I change my credit limit? The minimum credit line for members having a MasterCard club membership card is $1000, or $5000 for Platinum. You may request that the Bank lower your limit to $1000. The Bank will assist upon request if your open club membership card line is a factor preventing you from obtaining consumer or mortgage credit. Why can’t I change my club membership dues to another credit card I already have? Limiting charging to just one card saves the average base over $300,000 a year in accounting and other fees, money whi
The club card’s interest rate is several percentage points below the industry average, at no more than five percentage points above the Prime Lending Rate. No interest is charged if your account is paid in full within 25 days of the billing date. A $20 late payment fee is charged on account balances of $50 or more if the minimum payment is not received by the due date. If there are extenuating circumstances leading to your late fee, contact the Bank. How can I change my credit limit? The minimum credit line for members having a MasterCard club membership card is $1000, or $5000 for Platinum. You may request that the Bank lower your limit to $1000. The Bank will assist upon request if your open club membership card line is a factor preventing you from obtaining consumer or mortgage credit. Why can’t I change my club membership dues to another credit card I already have? Limiting charging to just one card saves the average base over $300,000 a year in accounting and other fees, money whi
