Credit Card Application
Let us know what type of card and benefits you are looking for and we'll get it processed and you'll hear from us soon!
0% Visa
The 0% Visa is a perk available to members who meet all three of the following criteria:
- either a checking account with a debit card or a money market account
- some type of automatic deposit to your DECU account
- a $10,000 relationship with DECU which can be any combination of balances of savings, loans, and Visa credit limits within your household.*
Limit one 0% Visa account per household but you can have more than one card.
The monthly payment on a 0% Visa is 10% of the outstanding balance with a minimum monthly payment of $50. Neither cash advances nor balance transfers are available on the 0% Visa.
* A household is a family living together, all of whom need not be related. One person may have the loan on their account and the other person has the direct deposit. You can qualify as long as all the criteria can be met by the members under one roof.
For Credit Card Tips from the Federal Reserve Board: To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at: www.federalreserve.gov/creditca...
| Interest Rates and Interest Charges | Description |
|---|---|
| Annual Percentage Rate | 0.00% |
| APR for Balance Transfers | Not Available |
| APR for Cash Advances | Not Available |
| Penalty APR | None |
| How to Avoid Paying Interest on Purchases | Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. |
| Minimum Interest Charge | None |
| For Credit Card Tips from the Consumer Financial Protection Bureau | To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at www.consumerfinance.gov/learnmore. |
| Types of Fees | Description |
|---|---|
| Annual Fee | None |
| Transaction Fees | |
| - Balance Transfer | None |
| - Cash Advance | None |
| - Foreign Transaction | 1% of the amount of each transaction in U.S dollars |
| Penalty Fees | |
| - Late Payment | $20 after 10 days or not more than the minimum payment |
| - Over-the-Credit Limit | None |
| - Returned Payment | $25 |
This information is accurate as of 4/1/14 and is subject to change. Contact us by phone at (217) 875-2301, or if Outside Decatur 1 (800) 542-6474, or by mail at PO Box 2515, Decatur, IL 62525 for changes.