Peoples Neighborhood Bank Visa Platinum Business Rewards Card

Credit Card Rate Information:

Purchase

Balance Transfer

Cash Advance

Index:

Prime

Margin:

17.74

17.74%

20.74%

APR:

20.99% Variable

23.99% Variable

APR Floor:

None

Intro Rate:

0%

0.00%

N/A

Intro Period:

6 billing cycles

N/A

Finance Calculation Method:

Average Daily Balance

Purchase Grace Period:

24 - 30 days

Default/Penalty APR:

28.99% Variable

Default/Penalty Margin:

25.74

Default/Penalty APR Floor:

None

Maximum Default APR:

Penalty/Default Trigger:

The Penalty APR may be applied to your account if you make payments 5 calendar days late twice or 30 calendar days once; or make a payment that is returned; or if you exceed your credit limit 2 times in 12 consecutive months.

Credit Card Fee Information:

Annual Fee:

$0

Foreign Transaction Fee:

2% - 3%

Late Fee:

See Special Notes

Over-the-limit Fee:

$39 min.

Balance Transfer Fee:

See Special Notes

Cash Advance Fee:

See Special Notes

Notes:

Rebate Description:

Unlimited 1% cash back. Double reward points on gas, restaurants and telecom. Roundtrip airline ticket beginning at 25,000 points. Travel, gift certificates, and merchandise rewards. Distribute reward points to individual accounts or pool to a company account. Earn 2,500 first-use bonus points, which you can redeem for a $25 statement credit.

Special Notes:

Authorized Officer must be 18 years of age, have a U.S. address, and a Social Security number. There are no requirements for minimum time in business. Foreign Transaction: 2% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars 3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency. Late Payment Fee: $19 on balances up to $100; $29 on balances from $100 up to $250; $39 on balances of $250 or more. Your due date is 24 - 30 days after the close of each billing cycle. The card company will not charge you interest on Purchases if you pay your entire balance by the due date each month. Overdraft protection not available on all products. Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater for the first 6 billing cycles. After that, either $10 or 4% of the amount of each transfer, whichever is greater. The cash advance fee is $10 or 4% of the advance amount, whichever is greater, except in the case of cash equivalent advances. For cash equivalent advances the fee is $20 or 4%, whichever is greater. For credit lines $25,000 and higher, the card holder should contact cardmember service.

Card Issued By:

Elan Financial Services for Peoples National Bank

General Correspondence Address:

PO Box 6354, Fargo, ND, 58125

Card Type:

Visa

Card Class:

Platinum

Card Category:

Airlines, Balance Transfer, Cash Back, Low Interest, Low Intro Rate, Reward

States Available In:

ALL