Credit Cards

We know that you receive 2 or 3 credit card offers each week at home. Credit cards are an absolute necessity in today's economy. You need one to pay for emergency items like gasoline and towing. You need one when you are traveling. You need one when you order from a catalog or the internet. We have credit cards, and our rates have not gone up since 1996! The average rate for credit cards in the US is over 22%. We have no monthly fee, no annual fee, and no fee to transfer.

Want to get one? Here's what you do. You apply for a card and we check out your credit rating. Even though every member owns the Credit Union, not every member can qualify for one of our cards. Based on your credit score, if approved, you will receive one of our Visa cards. If you have a good rating, we will issue you a Classic Card and if you have an excellent rating, we will issue you a Gold Card. You will notice immediately that it looks different from any other Visa card that you have ever seen. It is called a Cajun Credit(R) Visa. We are so proud of it that we have registered both the name and the look of the card so that no other company can copy it. We have an introductory rate of 8.75% APY for the Gold Card and 9.75%APY for the Classic Card. That rate is good for 6 months (or 12 months if you transfer a balance of $250 or more from another Visa). After the introductory rate, the rates are 11.75%APY and 12.75% APY. The card is good at any merchant and any ATM that honors Visa.

Right now, if you don't have a Cajun Credit (R) in your purse or wallet, click on the application here. You will be sent to a secure site where you can input your information. We can generally qualify an application by the end of the next business day. The card itself will take 7 to 10 business days.

Need to check your account status? Just click on to www.myccinfo.com and you will see everything that you need to know.

Please read the following disclosures before applying for a credit card.

Interest rates and Interest Charges

Annual Percentage rate (APR) for Purchases

Visa Classic

9.75% Introductory APR for 180 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After that your APR will be 12.75%.

Visa Gold

8.75% Introductory APR for 180 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After that your APR will be 11.75%.

APR for Cash Advances

Visa Classic

15.00%

Visa Gold

8.75% Introductory APR for 365 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After that your APR will be 15.00%.

APR for balance Transfers

Visa Classic

9.75% Introductory APR for 365 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle.

After that your APR will be 12.75%.

Visa Gold

8.75% Introductory APR for 365 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle.

After that your APR will be 11.75%.

Penalty APR and When it Applies

Visa Classic

18.00%

Visa Gold

18.00% This APR may be applied to the entire balance on your account if you:

>Make a late payment

How Long Will the Penalty APR Apply? If your APRs are increased for any of these reasons, the Penalty APR will apply until your account until your account is current for six (6) consecutive months; contact the credit union to apply for a rate reduction.

Minimum Interest Charge

If you are charged interest, the charge will be no less than $10.00. The minimum interest charge will be charged on every dollar amount.

How to Avoid Paying Interest on Purchases

Your due date is at least 25 days after the close of each billing cycle. We do not charge you interest on purchases if you pay your entire balance by the due date each month.

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 Web site of the Federal Reserve Board at http://www.federalreserve.gov/creditcard.

Fees

Set-up and Maintenance Fees

> Additional Card Fee

$25.00 (one-time) per card.

Transaction Fees

>Cash Advance Fee

>Foreign Transaction Fee

$3.00 or 2.00% of the amount of each cash advance, whichever is greater (maximum Fee: $15.00)

None

Penalty Fees

>Late Payment Fee

>Over-the-Credit Limit Fee

>Returned Payment Fee

$15.00

$15.00

$15.00

How We Will Calculate Your Balance. We use a method called "average daily balance (including new purchases)."

Loss of Introductory APR. We may end your introductory APR if you make a late payment. With the loss of your Introductory APR, your APR for Visa Classic will be a rate of 12.75% and your APR for Visa Gold will be a rate of 11.75%.

Application of Penalty APR. Your APR may be increased to the disclosed Penalty APR if you are 60 days late in making a payment.

Effective Date. The information about the costs of the card described in this application is accurate as of July 1, 2010. This information may have changed after that date. To find out what may have changed, contact the Credit Union.

OTHER DISCLOSURES

Late Payment Fee $15.00 if you are ten (10) or more days late

Over-the-Credit $15.00 if new balance less any fees is more than $0.01 over your credit limit (if applicable)

Rush Fee $25.00

Card Replacement Fee $25.00

Annual Percentage rate (APR) for Purchases	Visa Classic 9.75% Introductory APR for 180 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After that your APR will be 12.75%. Visa Gold 8.75% Introductory APR for 180 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After that your APR will be 11.75%.
APR for Cash Advances	Visa Classic 15.00% Visa Gold 8.75% Introductory APR for 365 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After that your APR will be 15.00%.
APR for balance Transfers	Visa Classic 9.75% Introductory APR for 365 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After that your APR will be 12.75%. Visa Gold 8.75% Introductory APR for 365 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After that your APR will be 11.75%.
Penalty APR and When it Applies	Visa Classic 18.00% Visa Gold 18.00% This APR may be applied to the entire balance on your account if you: >Make a late payment How Long Will the Penalty APR Apply? If your APRs are increased for any of these reasons, the Penalty APR will apply until your account until your account is current for six (6) consecutive months; contact the credit union to apply for a rate reduction.
Minimum Interest Charge	If you are charged interest, the charge will be no less than $10.00. The minimum interest charge will be charged on every dollar amount.
How to Avoid Paying Interest on Purchases	Your due date is at least 25 days after the close of each billing cycle. We do not charge you interest on purchases if you pay your entire balance by the due date each month.
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 Web site of the Federal Reserve Board at http://www.federalreserve.gov/creditcard.
Fees
Set-up and Maintenance Fees > Additional Card Fee	$25.00 (one-time) per card.
Transaction Fees >Cash Advance Fee >Foreign Transaction Fee	$3.00 or 2.00% of the amount of each cash advance, whichever is greater (maximum Fee: $15.00) None
Penalty Fees >Late Payment Fee >Over-the-Credit Limit Fee >Returned Payment Fee	$15.00 $15.00 $15.00