In an environment of rising bank card fees and rates, considering a credit card from First Choice America can make for a better choice than a bank-issued card. First Choice America is a non-profit financial institution owned by its members, allowing us to offer more reasonable rates and fees on their credit cards than banks. With our lower fees and interest rates, carrying a balance won’t cause you to break the proverbial bank every time you need to make an important purchase on your VISA Credit Card from First Choice America. Another perk, no annual fee. We don’t believe our customers should be charged to benefit from our financial support.
Credit Card Options
VISA Classic
Interest Rates and Interest Charges
| Annual Percentage Rate (APR) for Purchases | 14.80% |
| APR for Balance Transfers | 14.80% |
| APR for Cash Advances | 14.80% |
| Penalty APR and When it Applies | None |
| Paying Interest | 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 your 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 | None |
| For Credit Card Tips from the Federal Reserve Board | To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board |
Fees
| Annual Fee | None |
| Transaction Fees – Balance Transfer – Cash Advance – Foreign Transaction | None None 1% of each transaction in U.S. Dollars |
| Penalty Fees – Late Payment – Returned Payment – Returned Draft Fee | 5% of the payment amount, not to exceed $5.00, nor less than $1.00 $15.00 $15.00 |
| Other Fees – Card Replacement Fee – Skip-A-Payment | $5.00 $30.00 |
How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases)”. 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.
VISA Gold
Interest Rates and Interest Charges
| Annual Percentage Rate (APR) for Purchases | 12.75% |
| APR for Balance Transfers | 12.75% |
| APR for Cash Advances | 12.75% |
| Penalty APR and When it Applies | None |
| Paying Interest | 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 your 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 | None |
| For Credit Card Tips from the Federal Reserve Board | To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board |
Fees
| Annual Fee | None |
| Transaction Fees – Balance Transfer – Cash Advance – Foreign Transaction | None None 1% of each transaction in U.S. Dollars |
| Penalty Fees – Late Payment – Returned Payment – Returned Draft Fee | 5% of the payment amount, not to exceed $5.00, nor less than $1.00 $15.00 $15.00 |
| Other Fees – Card Replacement Fee – Skip-A-Payment | $5.00 $30.00 |
How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases)”. 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.
Card Valet
First Choice America offers a great way to keep you in control of your Debit and Credit Cards through our Card Valet app. To find out more information click on the following link: Card Valet
Important Phone Numbers
If you should have fraud on your account, contact the Credit Union at 1-800-427-4835 or 304-748-8600 during normal business hours.
If you need to report fraud on your account, outside of normal business hours, please call 800-992-3808
