Application
DETAILS OF RATE, FEE, FEE, AND OTHER COST INFORMATION As required by law, rates, fees, and other costs of this credit card offer are disclosed here. All account terms are governed by the Credit Card Agreement sent with the card. Account and Agreement terms are not guaranteed for any period of time; all terms, including the APRs and fees, may change in accordance with the Agreement and applicable law. We may change them based on information in your credit report, market conditions, business strategies, or for any reason.
†Annual Percentage Rate (APR) for Purchases 0% Introductory APR applies to Purchases through your first six statement Closing Dates (the Promotional Period). When the Promotional Period ends, the Standard Variable APR is 14.24%.The Promotional Period will end sooner if your payment is late or the account balance is over the credit limit. See explanation 1 below for Default APR, 2 for Variable-Rate Information, and 3 for Introductory APR information.
Other APRs Balance Transfers : 0% Introductory APR applies to Balance Transfers through your first six statement Closing Dates (the Promotional Period). When the Promotional Period ends, the Standard Variable APR for Balance Transfers is 14.24%. The Promotional Period will end sooner if your payment is late or the account balance is over the credit limit. See 1,2 and 3 below for explanation. Cash Advances : 0% Introductory APR applies to Direct Deposits that are not processed online (non-online Direct Deposits) and Check Cash Advances through your first six statement Closing Dates (the Promotional Period). When the Promotional Period ends, the Standard Variable APR for non-online Direct Deposits and Check Cash Advances posted to your account either during the Promotional Period or before August 11, 2007 is 14.24%. Non-online Direct Deposits and Check Cash Advances posted to your account on or after August 11th, 2007 and after the end of the Promotional Period will be subject to the Standard Variable APR for Direct Deposits and Check Cash Advances of 24.24%. The Promotional Period will end sooner if your payment is late or the account balance is over the credit limit. See 1,2 and 3 below for explanation. The Standard Variable APR for Bank and ATM Cash Advances is: 24.24%. Non-Promotional Cash Equivalents posted to your account on or after August 11, 2007, will be Cash Advances subject to the Standard Variable APR for Bank and ATM Cash Advances. Cash Equivalents include the purchase of money orders, foreign currency, and travelers checks from a non-financial institution, person-to-person money transfers, bets, lottery tickets, casino gaming chips and, as of August 11, 2007, will include fines and bail bonds. Default APR : Up to 29.99% for all Purchase, Balance Transfer, and Cash Advance balances if late or overlimit. See 1 below for explanation.
Variable-Rate Information Your APRs may vary. For each billing cycle, we determine each APR by adding a margin to the prevailing U.S. Prime Rate. The margin for the Standard APR for Purchases and Balance Transfers is 5.99%; the margin for the Standard APR for non-online Direct Deposits and Check Cash Advances posted to your account either during the Promotional Period or before August 11, 2007 is 5.99% and the Standard APR for non-online Direct Deposits and Check Cash Advances posted to your account on or after August 11, 2007 and after the end of the Promotional Period is 15.99%; the margin for the Standard APR for Bank, ATM, and any other Cash Advances is 15.99%. See 2 below for explanation.
Grace Period for repayment of balance for Purchases At least 20 days from the statement Closing Date (provided you fully paid your New Balance Total from the previous statement by its Payment Due Date). See ■ below for explanation.
Annual Fee None.
Method of computing the balance for Purchases Average Daily Balance (including new transactions).
Transaction fee for Purchases Transaction fee for the purchase of wire transfers from a non-financial institution: 3% of each such purchase (minimum $10). Transaction fee for Cash Equivalents posted either during the Promotional Period for Purchases or before August 11, 2007: 3% of each such purchase (minimum $10). Non-promotional Cash Equivalents posted to your account on or after August 11, 2007 will be Cash Advances and will be subject to the transaction fee for Cash Equivalents as noted below.
Transaction fee for Balance Transfers and Check Cash Advances: None of each such cash advance (minimum $0 ). See 4 below for explanation. Transaction fee for Bank and ATM Cash Advances and online Direct Deposits: 3% of each such cash advance (minimum $10 ). Transaction fee for Overdraft Protection Bank Cash Advances (if enrolled): 3% of each such cash advance (minimum $10). Transaction fee for Cash Equivalents: 3% of each such cash advance (minimum $10). Late-payment fee: Based on your balance as of the day the fee is assessed- $15 if $100 or less; $29 if between $100.01 and $250; $39 if over $250. Over the credit limit fee: Based on your balance as of the day the fee is assessed - $15 if $500 or less; $29 if between $500.01 and $1000; $39 if over $1000. 1 Each time your minimum payment is late ( i.e. , not received by 5 p.m., ET, on its Payment Due Date), or the account balance is over-the-credit-limit, we may increase each of your account's Variable APRs up to the Default APR. The Default APR may be applied to all new and outstanding balances with Variable APRs then below the Default APR. If a Default APR is applied to your account, then all APRs, including APRS then at or above the Default APR, will no longer vary. 2 The U.S. Prime Rate used to determine your APRs for each billing cycle is the highest rate appearing in The Wall Street Journal on the last publication date of the calendar month that ends within that billing cycle. On March 30, 2007, the U.S. Prime Rate was 8.25%.If your account has balances with different APRs, payments are applied to the balance with the lowest APR before any payments are applied to balances with higher APRs. This means that balances with higher APRs are not reduced until balances with lower APRs have been paid off. 3 The Introductory APR is effective upon the opening of your account and does not apply to Bank and ATM Cash Advances, or online Direct Deposits. When a Promotional Period ends, the Standard Variable APR is calculated using the Variable-Rate Information and is applied to new and outstanding balances (consisting of Purchases, Balance Transfers, non-online Direct Deposits, and Check Cash Advances). If your payment is late or the account balance is over the credit limit, either the Standard Variable APR or the Default APR will be applied to those balances as of the first day of the billing cycle in which the payment was late or the balance exceeded the credit limit. The current Standard Variable APR for Purchases and Balance Transfers is 14.24%. The current Standard Variable APR for non-online Direct Deposits and Check Cash Advances posted to your account either during the Promotional Period or before August 11, 2007 is 14.24%. The current Standard Variable APR for non-online Direct Deposits and Check Cash Advances posted to your account on or after August 11, 2007 and after the end of the Promotional Period is 24.24%. These rates may vary. We reserve the right to change the APRs in out discretion, including, for example, margins. ■ The number of days between your statement Closing Date and your Payment Due Date (the grace period) may vary from one Billing Cycle to another. 4 We include Transaction Fees when computing finance charges. Incurring Fees results in an APR exceeding 0% for the billing statement on which Fees appear. The Daily Periodic Rate (DPR) will remain 0% as disclosed.
I have read this application, and everything I have stated is true. I am at least 18 years of age and either a United States citizen or a permanent resident of the U.S., or I am at least 21 years of age and a permanent resident of Puerto Rico. I authorize FIA Card Services, N.A. (hereinafter "you" or "your") to review my credit and employment histories and any other information in order to approve or decline this application, service my account, and manage your relationship with me. I consent to your sharing of information about me and my account with the organization, if any, endorsing this credit card program. I authorize you to share with others, to the extent permitted by law, such information and your credit experience with me. In addition, I may as a customer later indicate a preference to exempt my account from some of the information-sharing with other companies ("opt-out"). If I accept or use an account, I do so subject to the terms of this application, the "Details of Rate, Fee, and Other Cost Information," and the Credit Card Agreement as it may be amended; I also agree to pay all charges incurred under such terms. Any changes I make to the terms of this application will have no effect. I accept that on a periodic basis an account may be considered for automatic upgrade at your discretion. I consent to and authorize you, any of your affiliates, or your marketing associates to monitor and/or record any of my phone conversations with any of your representatives.
The information contained in this advertisement was accurate as of 4/1/2007. The information may have changed after that date. To find out what may have changed you may contact Bank of America for specific information by calling 1-800-932-2775 or by writing to P.O. Box 15020, Wilmington, DE 19850. TTY users, please call 1-800-833-6262. *BALANCE TRANSFERS. If the total amount you request exceeds your credit line, we may either send full or partial payment to your creditors in the order you provide them to us or we may send you Cash Advance Checks. Allow at least 2 weeks from account opening for processing. Continue paying each creditor until the transfer appears as a credit. Transfers are processed as cash advances as described in the Credit Card Agreement. Cash advances incur finance charges from the transaction date. Balance Transfers and Cash Advance Checks are subject to transaction fees in the amount of None of the transaction (minimum $0). If you have a dispute with a creditor and pay that balance by transferring it to your new account, you may lose certain dispute rights. Balance Transfers and/or Cash Advances Checks may not be used to pay off or pay down any account issued by FIA Card Services, N.A. **Certain restrictions apply to each benefit. Details accompany new account materials. Preferred card benefits differ from Platinum Plus benefits (e.g. , coverage amounts vary and some benefits are not available).***Online Banking service is only available in certain states. Total Security Protection claims may be filed against posted and settled transactions subject to dollar limits and verification. Certain exclusions, restrictions, and limitations apply to travel and emergency assistance, automatic auto rental insurance, Purchase Replacement and Purchase Guard. Cash advance fees and finance charges apply to cash advance checks.Authorizations, Terms and Conditions By applying for a Efectiva Visa credit card with Bank of America, N.A. (USA) ("We", "Us", or "Our"), you agree to the following: (a) You authorize us to obtain credit reports in connection with (i) your request for and our issuance of an account; (ii) the collection, review or renewal of your account; and (iii) any change to your credit limit or terms of your account. We may report our credit experience with you to others. (b) You are a U.S. Citizen or a permanent resident of the U.S. (c) If approved, you will receive a Cardholder Agreement with your credit card(s). You agree to the terms of the Cardholder Agreement by either using your account (including charges or balance transfers), or if you dont use your account by not closing your account within 3 days of receipt of your Cardholder Agreement.
Platinum services are available only to Platinum cardholders. (d) You certify that you are of legal contracting age and that you have read all of the terms, authorizations and disclosures contained herein. You understand that the information you provide is given to obtain credit from Us and represent and warrant that it is true and complete. (e) Delaware law will govern your agreement with Us. Disputes, claims or controversies shall upon election by either you or Us be resolved by binding arbitration. (f) The initial line of credit and your initial margins on purchases will be based on information contained in your current credit report and information you provide on your application.The minimum credit line is $500. (g) You authorize Bank of America and Maritz to share information about you and your account with each other. Efectiva Program Rules You will earn one Point for every one hundred dollars of net new monthly Purchases. Points will not be earned for Cash Advances or Promotional Balances. We may, at our discretion, include or exclude certain types of transactions from Point earnings at any time. Purchase credits issued by a merchant or by us will reduce your available Points. Points earned for charges you refuse to pay will be reversed. You can earn up to 600 Points each calendar year based on your monthly net purchases and balance transfers. When you transfer balances of $2,500 or more, you will earn 5 Points for every two thousand five hundred dollars transferred to your Bank of America Efectiva card per billing cycle. This applies to balances transferred at your contracted rate from non-Bank of America credit cards. Your monthly Bank of America Efectiva card statement will show your Point earnings, Point redemptions and new Point balance. Points from one account at Bank of America may not be combined with Points from or transferred to another account at Bank of America. Efectiva Points may be redeemed by calling the Efectiva redemption center at 1.800.632.4334, Monday to Sunday, 7:00 a.m. to 7:00 p.m., CST. Redemptions can also be made online at www.bankofamerica.com/efectiva You are not eligible to earn or redeem Points if: 1)You are in default of your Cardholder Agreement (e.g., if you do not make your Minimum Payment by the Payment Due Date); or 2)Your account is closed by you or Bank of America. When we receive your Reward requ est, we will review your Account to verify that your Point earnings are valid and that you have sufficient Points to receive the Reward. If a credit or other adjustment results in insufficient points for a Reward, we may not fulfill the Reward request. If the Reward request is fulfilled and we later discover that you did not have sufficient Points for that Reward, you will forfeit future Point earnings until you accrue sufficient Points. Purchases made for business purposes with your Bank of America Efectiva Visa credit card ("Account") are not eligible to earn points. We have the right to suspend or terminate this program at any time. We also have the right to add, eliminate or modify a specific award or modify the Point and redemption structure. If you change or cancel a Reward you have requested, the Reward and redeemed Points may be forfeited. Expired Reward checks will not be replaced and Points will not be reinstated. Unredeemed Points have no cash or other value and cannot be transferred. Points do not constitute your property. Points are redeemed in increments of 25 (minimum 25 Points). There is no annual cap on Point redemption. Points earned in a calendar year will expire on December 31st of the fourth calendar year following the year during which the Points were earned. For example, Points earned in 2005 will expire on December 31, 2009. Other terms and conditions may apply as stated in the Reward Brochure. State Law Disclosures Notice to New York State Residents: Consumer reports may be requested in connection with the processing of your application and any resulting account. Upon request, we will inform you of the names and addresses of any consumer reporting agencies which have provided us with such reports. Notice to Ohio Residents: Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law. Notice to Married Wisconsin Residents: No agreement, individual statement, or court order applying to marital property will adversely affect the creditor's interest unless the creditor prior to the time credit is extended is furnished with a copy of the agreement, statement, or order, or has actual knowledge of the adverse provision when the obligation to the creditor is incurred. Notice to California Residents: Regardless of your marital status, you may apply for credit in your name alone.Visa is a registered trademark of Visa International Service Association, and is used by the issuer pursuant to license from Visa U.S.A. Inc.FIA Card Services, N.A., is the issuer and administrator of this credit card program. ©2007 Bank of America Corporation
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