Now is a great time to transfer your higher-rate balances to Labor Credit Union!
With no hidden fees or fancy gimmicks, our MasterCard® gives you all the purchasing power you need--anywhere, anytime - along with an everyday low rate! Pay off your higher rate debts and save money today!
Apply ONLINE and start taking advantage of:
- 1.99% APR1 on balance transfers for 6 months! After 6 months, the APR you qualify for, based on your credit, currently between 8.99-17.99%, will apply.
- Credit lines up to $25,000.
- No annual fee, no balance transfer fee, and no cash advance fees.
- No fees2 and same low APR on both cash advances and purchases!
- FREE online and mobile access.
- Rewards from travel to gift cards to merchandise & beyond!
1 1.99% Promotional APR applies to balance transfers for 6 months from the date your first transfer posts to your account. Your current APR, between 8.99%-17.99% APR, will apply to any other transactions and any transfer balances remaining when the promotional period expires. Interest on balance transfers begins to accrue immediately. Loan approval and processing is based on standard loan underwriting guidelines. Certain restrictions apply, contact us for details. Equal Opportunity Lender. Offer available for a limited time only and subject to change without notice.
2 Foreign Transaction Fees (FTF) for Debit and Credit Card Programs: There is a 1% FTF assessment for international transactions. (See below for information on rates and fees.)
Consumer Credit Card Agreement and Disclosure - Standard MasterCard
Updated June, 2021
The MORE you use your card, the MORE you earn!
Our new ScoreCard Rewards! is a simple, easy to use program that lets you earn points when you use your rewards card. Featuring twice as many items, from groceries to utility bills and merchandise, your everyday purchases will really pay off. ScoreCard Rewards offers you the freedom to choose the rewards you really want. How and when you use your points is up to you!
Cardholders will need to register and create an account using their 16-digit credit card number. For member protection, please make sure to add your primary email address and mobile phone number to verify your identity when you create a new rewards account. Please note, unredeemed rewards on your account will not be available for view or transactions, as it may take up to 30 days to reflect on your new rewards account but rest assured they will be added to your new account and you will continue to earn bonus points on your purchases!
Hundreds of Reward Options with ScoreCard Rewards
Earn 1 point for every $1 in credit card signature purchases. Redeem your points for rewards including merchandise, travel, gift cards, experiences, cash back, charitable donations and more.
The more you use your the more you earn, and you’ll build your point balance quickly. Earn 1 point for every $1 in credit card signature purchases. It’s that simple.
- $1 Spent = 1 Reward Point
There’s no limit to how many points you can earn.
Call 1-800-854-0790 to redeem your rewards on the telephone.
Top-shelf merchandise including cameras, tablets, gaming consoles and more from brands such as Apple®, Sony®, Bose®, Dyson® with shipping options that include a one- or two-day delivery time.
Spontaneous or planned, however you choose to travel; Scorecard Rewards offers a wide range of getaways to suit your style. Browse top travel destinations, access exclusive deals and redeem points for airline tickets, hotel accommodations, car rentals, cruises, vacation packages and destination activities & excursions all in one place.
Traveling by car? Members can redeem loyalty points for instant discounts on fuel at participating BP® and Shell® stations, right at the gas pump.
Usage of points to purchase actual shares of stock in publicly traded companies.
Gift cards from retailers for everyday purchases or to celebrate special events.
From skydiving to a relaxing spa massage, ScoreCard Rewards has the experience to fit your unique lifestyle. Redemptions for tickets to theater, concerts, and sporting events also included.
Donation of points for a good cause to one of the more than 1.2M non-profit organizations involved in the network’s Charitable Giving program.
*To create a ScoreCard Rewards account members will need their 16-digit card number to register. Also, for member protection, please make sure to add your primary email address and mobile phone number to verify your identity when you create a new rewards account. Please note, unredeemed rewards on your account will not be available for view or transactions, as it may take up to 30 days to reflect on your new rewards account.
It's fast and easy to apply for all types of loans with our Online Loan Applications.
Mastercard Application and Solicitation Disclosure
|INTEREST RATES AND INTEREST CHARGES|
|Annual Percentage Rate (APR) for Purchases||8.99%-17.99% when you open your account, based on your creditworthiness.|
|APR for Balance Transfers||8.99%-17.99% when you open your account, based on your creditworthiness.|
|APR for Cash Advances||8.99%-17.99% when you open your account, based on your creditworthiness.|
|How to Avoid Paying Interest
|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.|
|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 http://www.consumerfinance.gov/learnmore.|
|Set Up and Maintenance Fee||Account Set-up Fee||None|
|Additional Card Fee||None|
|Transaction Fees||Balance Transfer Fee||None|
|Cash Advance Fee||None|
|Foreign Transaction Fee||1% of each transaction in U.S. dollars|
|Transaction Fee for Purchase||None|
|Penalty Fee||Late Payment Fee||Up to $20.00|
|Returned Payment Fee||Up to $28.00|
|How We Will Calculate Your Balance:
We use a method called "average daily balance (including new purchases)."
The information about the costs of the card described in this application is accurate as of November 1, 2020. This information may have changed after that date. To find out what may have changed, contact the Credit Union.
For California Borrowers, the Standard Mastercard is a secured credit card. Credit extended under this credit card account is secured by various personal property and money including, but not limited to: (a) any goods you purchase with this account, (b) any shares you specifically pledge as collateral for this account on a separate Pledge of Shares, (c) all shares you have in any individual or joint account with the Credit Union excluding shares in an Individual Retirement Account or in any other account that would lose special tax treatment under state or federal law, and (d) collateral securing other loans you have with the Credit Union excluding dwellings. Notwithstanding the foregoing, you acknowledge and agree that during any periods when you are a covered borrower under the Military Lending Act your credit card will be secured by any specific Pledge of Shares you grant us but will not be secured by all shares you have in any individual or joint account with the Credit Union. For clarity, you will not be deemed a covered borrower if: (i) you establish your credit card account when you are not a covered borrower; or (ii) you cease to be a covered borrower.
Other Fees & Disclosures:
Late Payment Fee: $20.00 or the amount of the required minimum payment, whichever is less, if you are one or more days late in making a payment.
Returned Payment Fee: $28.00 or the amount of the required minimum payment, whichever is less.
Card Replacement Fee: $5.00.
Document Copy Fee: $4.00.
Emergency Card Replacement Fee: $55.00.
PIN Replacement Fee: $5.00.
Rush Fee: $55.00.
Statement Copy Fee: $3.00.
Mastercard and the Mastercard Brand Mark are registered trademarks of Mastercard International Incorporated.