7.15% to 18.00% based on your creditworthiness. After that, your account APR will vary with the market based on the Prime Rate plus margin.
APR for Balance Transfers
Same as for Purchases. Your account APR will vary with the market based on the Prime Rate plus margin.
APR for Cash Advances
Same as for Purchases. Interest will start to accrue immediately on cash advances. Your account APR will vary with the market based on the Prime Rate plus margin.
Penalty APR
NEFCU does not engage in penalty pricing.
How to Avoid Paying Interest
Your due date is the 21st of each month and is at least 25 days after the close of each billing cycle. You have 25 days interest free on all purchases regardless of the previous month’s balance. If you pay all purchases in full within 25 days of the close of each billing cycle you will not pay interest. We will begin charging interest on cash advances on the transaction date.
For Credit Card Tips from the Consumer Financial Protection Bureau
* The index is the Wall Street Journal Prime Rate published on the last Wednesday of the month. ** The margin is based upon your credit score. *** The maximum annual percentage rate that will be charged is 18.00%.