How the Annual Percentage Rate (APR) on Purchases and Cash Advances is Calculated During the Introductory Period: The variable introductory APR is based on the U.S. Prime Rate (“Prime Rate”) plus a margin of 6.74% and has a cap of 9.99% on all new purchases and cash advances. If the Prime Rate decreases, the APR will also decrease. If the Prime Rate increases, the APR will not increase above the cap of 9.99%. How the Annual Percentage Rate (APR) on Purchases and Cash Advances is Calculated After the Introductory Period ends on June 30, 2014: The cap will be removed, so that if the Prime Rate increases, the APR on any existing balances, new purchases and new cash advances may increase above 9.99% starting July 1, 2014. Annual Percentage Rate (APR) on Purchases and Cash Advances: Your APR can change in January and July of each year. APRs for Balance Transfers: Balance Transfers - 4.99% APR promotional balance transfer rate on transfers made from April 1, 2013 through June 30, 2013 for the life of balance with no balance transfer fee. After that, the APR for any new balance transfers will be 9.99% and will vary with the market based on the Prime Rate. The fee for balance transfers made after June 30, 2013 will return to 3% (Min. $10 – Max. $250) per transaction. This transaction is subject to credit approval.