Take a vacation from your summer payment. Act now and don't make a Visa payment in July and August!**
When you transfer credit card balances from other lenders to your EdFed Visa® by September 19th, 2020, you will receive an introductory balance transfer rate as low as 2.99% APR!* Plus, enjoy:
No annual fee
No summer payments**
Earn rewards
Same low rate for purchases and cash advances |
Existing cardholders:
Make a cash advance from your Visa Credit Card to your Checking account to pay off other credit card debt in three easy steps:
| 1. | Log into Online Banking | | 2. | Click the "Transfers" tab | | 3. | Transfer funds from your EdFed Visa to your Checking account and pay off higher interest credit cards |
With no balance transfer or cash advance fees, you will save even more! Qualifying cardholders can receive the discounted rate on any balance transfer, including cash advances.
Don't have a EdFed Visa yet or need a limit increase?
Online Banking users can log in and click on the "Apply for a Loan" tab to request either a new credit card or a limit increase. You can also apply by calling our Lending Center. Apply by August 31st, 2020, to qualify for the discounted Visa balance transfer rate.
For more information, visit www.edfed.org/visatransfer.
*APR = Annual Percentage Rate. All loans are subject to approval and are granted based on individual creditworthiness, ability to repay and credit score. Quoted rate is based on a credit card with a standard APR of 9.75%. Introductory balance transfer rates range from 2.99% APR to 13.75% APR, depending on the card's standard rate, which range from 9.75% APR to 17.75% APR. To receive the discounted rate on transferred balances, new credit card applications must be received by 08/31/2020 and the transfer(s) on new and existing EdFed Visa® credit cards must take place between 07/01/2020 and 09/19/2020. Interest on existing balance(s) and new purchases will continue to accrue at the standard rate. Transferred balances will accrue interest at the Balance Transfer Rate for 183 days from the card opening date or 07/01/2020, whichever is later.
** Finance charges will continue to accrue during the Visa Summer Skip period, which is July and August 2020. Existing cardholders whose monthly payment is made via automatic transfer must contact the Credit Union to participate in the Visa Summer Skips program. |
