Balance Transfer Special Offer
Break free from high-interest credit card debt
Transfer your balances from high-interest credit cards to a Lanco FCU Platinum Visa® and pay just 1.9% for 9 months*. The best part? There’s no balance transfer fee, unlike a lot of 0% offers, and moving forward rates are as low as 8.99% APR*!
Enjoy the benefits of a Lanco FCU Platinum Visa credit card:
- Rates as low as 8.99% APR¹
- Credit limits up to $20,000¹
- No annual fee
- No-fee balance transfers
- No-fee cash advances
- Rewards points to redeem for cash back, travel, merchandise, and more²
To take advantage of this special offer…*
- Apply for your Lanco FCU Visa Platinum credit card by completing the online application or visiting any Lanco FCU branch.
- Speak with a Lanco FCU lender to complete your balance transfer request at the promotional APR.
This special offer is available for new cardholders only, with balance transfer requests made within 30 days of opening the card.
*Offer details and rates current as of 4/1/2019 and may change at any time. Promotional 1.9% APR on transferred balances is available for applicants with a minimum credit score of 660 when the transfer request is made through a Lanco FCU lender within 30 days of opening the credit card. Balances transferred after that time or through other methods will be charged the regular APR. The promotional APR will apply for 9 statement cycles, after which the regular APR will apply to any remaining balances. Payments made to your account will be applied first to any finance charges/interest and other fees due and then to the unpaid principle balance with the highest APRs.
¹Based on qualifications. Accurate as of 4/1/2019.
²Every dollar in qualifying purchase transactions minus returns (“Net Purchases”) that you make with your Lanco FCU Platinum Visa credit card earns one point. No points are earned for purchases that require the use of your PIN (including cash advances, ATM withdrawals), finance charges, fees, foreign transaction currency conversion charges, or insurance charges posted to your account. Points expire 36 months after accumulation. Should your Visa account become 60-Days delinquent, all points accumulated at that time will be forfeited and will continue to be forfeited until account is brought current. Points may be redeemed through the Rewards! program. Go to www.manage-my-rewards.com or call 1-866-678-5189 for more information about Rewards!
|Interest Rates and Interest Charges|
|Annual Percentage Rate (APR) for Purchases||8.99% – 17.99%, based on your creditworthiness.|
|Regular APR for Balance Transfers||8.99 to 17.99%, based on your creditworthiness.|
|Promotional APR for Balance Transfers||1.9% APR for 9 billing cycles. After that, your APR will revert to the Regular APR for Balance Transfers.|
|APR for Cash Advances||8.99 to 17.99%, based on your creditworthiness.|
|How to Avoid Paying Interest on Purchases||If you pay your entire balance in full each month, you have at least 25 days after the close of each period to pay your balance on purchases without being charged interest.|
|Minimum Interest Charge||None|
|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 Web site of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov.|
|We reserve the right to change your rate 12 months after opening your account. Creditworthiness may be reviewed every two (2) years.|
|• Balance Transfer Fee||None|
|• Cash Advance Fee||None|
|• Foreign Transaction Fee||1% on single and multiple currency conversions|
|• Late Payment Fee||Up to $25.00*|
|• Over-the-Credit Limit Fee||None|
|• Returned Payment Fee||Up to $25.00*|
|How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)".
*Late Payment Fee and Returned Payment Fee are $25.00 or the amount of the required minimum payment, whichever is less. Late Payment Fee applies if you are 10 or more days late in making a payment.