What are the different VISA products offered at Honda FCU?
We offer a VISA Classic card as well as a VISA Gold card.
The VISA Classic card offers a credit line from $500 to $7,500. The APR for purchases is as low as 11.5% (based on your credit history) and you have a 25 days to repay your balance for purchases before a finance charge is imposed if your balance has been paid in full.
The VISA Gold card offers a credit line from $5,000 to $25,000. The APR is 6.9% for the first 6-months. After the introductory period any outstanding balance will be subject to a fixed APR of 9.9%. You have 25 days to repay your balance for purchases before a finance charge is imposed if your balance has been paid in full.
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Do the VISA cards carry an annual fee?
There is no annual fee for the VISA Classic and Gold cards.
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Does Honda FCU charge a cash advance fee?
No. There are no additional fees for cash advances on any of our VISA cards. Interest on cash advances begins accruing from the date of the advance. The 25-day grace period for purchases does not apply to cash advances.
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Can I get cash advance checks (convenience checks) for my VISA account?
Yes. Simply call our member service department at 1-800-63-HONDA and request cash advance checks for your VISA account. There is no charge for the checks. You may use these checks in amounts that total your available credit line.
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Can I use my Honda FCU VISA card as overdraft protection for my Honda FCU checking account?
Yes. You can authorize overdraft transfers from your VISA account in increments of $50.00 up to your credit limit with no more than 3 transfers in any calendar month. Please call our member service department to sign-up for overdraft protection. There is no additional fee for the transfer. Regular cash advance terms apply.
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Do I need my VISA card to do a cash advance at one of the Honda FCU offices?
No, our member service representatives can issue a check as an advance from your VISA line of credit without the card. Other financial institutions will require the card for the cash advance.
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Is there a phone number to call if I lose my VISA card and the Credit Union is closed?
Yes, 1-800-63-HONDA.
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Can I make my payment at the Honda FCU offices?
Yes
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Can my VISA card be used as an ATM card?
Yes. You can access up to one savings and one checking account for ATM transactions.
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Can I use my VISA card to do a cash advance at the ATM machine?
Yes. Your card can be used at the ATM machine to execute a cash advance from your available line of credit.
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What day of the month is my VISA payment due?
The VISA Classic payments are due on the 19th day of the month.
The VISA Gold payments are due on the 15th day of the month.
Both accounts are considered delinquent 7 days after the due date.
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What is the late fee if I do not pay before the payment due date period?
20% of the interest due.
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Is the interest rate fixed or variable?
Fixed.
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What if I go over my credit limit?
You will be charged a $10.00 over-the-limit fee at the end of the month.
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How do I know what my monthly payment is going to be?
Calculate 3% of the outstanding previous month’s balance or $25, whichever is greater.
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