Rates and Fees for Sovereign Bank Sphere Platinum Plus Visa® Card with WorldPoints® Rewards

Credit Card Rate Information:

Purchase

Balance Transfer

Cash Advance

Index:

Prime

Margin:

9.74 - 17.74

17.74 - 21.74

APR:

12.99% - 20.99% Variable

20.99% - 24.99% Variable

APR Floor:

N/A

Intro Rate:

0%

None

N/A

Intro Period:

12 billing_cycles

N/A

Finance Calculation Method:

Average Daily Balance

Purchase Grace Period:

25 days

Default/Penalty APR:

Up to 29.99% Variable

Default/Penalty Margin:

Up to 26.74

Default/Penalty APR Floor:

Maximum Default APR:

29.99% Variable

Penalty/Default Trigger:

This APR may be applied to new transactions on your account if you make a late payment.

Credit Card Fee Information:

Annual Fee:

None

Foreign Transaction Fee:

3%

Late Fee:

Up to - $35 max.

Over-the-limit Fee:

N/A

Balance Transfer Fee:

4% ($10 min. )

Cash Advance Fee:

4% ($10 min. )

Notes:

Rebate Description:

One reward point for every dollar you spend on purchases. Your rewards, your choice: cash back, gift cards or travel. No limits to the number of points you can earn. No travel blackout dates.

Special Notes:

Cash Advance APRs: 20.99% APR for Direct Deposit and Check Cash Advances, and 24.99% APR for Bank Cash Advances. Cash Advance Fees: Direct Deposit and Check Cash Advances are either $10 or 4% of the amount of each transaction, whichever is greater; ATM, Over-the-Counter, Same-Day Online and Cash Equivalent Cash Advances are either $10 or 5% of the amount of each transaction, whichever is greater. Penalty APR: Up to 29.99%, based on your creditworthiness. The Penalty APR will not exceed 29.99% on new transactions. There is no Penalty APR on existing balances.

Card Issued By:

Bank of America

General Correspondence Address:

PO Box 53132, Phoenix, AZ, 85072

Card Type:

Visa

Card Class:

Platinum

Card Category:

Airlines, Cash Back, Low Intro Rate, Reward

States Available In:

ALL