Toyota Rewards Visa Terms and Conditions
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT:
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask you for your name, address, date of birth and other information that will allow us to identify you. We may ask to see your driver's license or other identifying documents.
All account terms are governed by the Cardmember Agreement sent with the Card. Account and Agreement terms are not guaranteed for any period of time; the issuer may change all terms, including APRs and fees, in accordance with the Agreement and applicable law.
Disclosure of Credit Card Terms
Interest Rates and Interest Charges Toyota Rewards Visa
Annual Percentage Rate (APR) for Purchases:
3.99% introductory APR for the first 6 billing cycles. After that,
Signature:
11.99% to 13.99% based on your creditworthiness.
Platinum:
11.99% to 18.99% based on your creditworthiness.
This APR will vary with the market based on the Prime Rate.
APR for Balance Transfers 8.99% introductory APR for the first 6 billing cycles. After that,
Signature:
11.99% to 13.99% based on your creditworthiness.
Platinum:
11.99% to 18.99% based on your creditworthiness.
This APR will vary with the market based on the Prime Rate.
APR for Cash Advances
Signature:
23.24%
Platinum:
23.24%
This APR will vary with the market based on the Prime Rate.
How to Avoid Paying Interest on Purchases: Your due date is 24 - 30 days after the close of each billing cycle. We will not charge you interest on Purchase if you pay your entire balance by the due date each month.
Minimum Interest Charge: If you are charged interest, the charge will be no less than $2.
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
http://federalreserve.gov/creditcard
Fees: Toyota Rewards Visa
Annual Fee: None
Transaction Fees:
Balance Transfer:
Either $10 or 3% of the amount of each transfer, whichever is greater.
Convenience Check Cash Advance:
Either $10 or 3% of the advance amount, whichever is greater.
Cash Advance ATM:
Either $10 or 3% of the advance amount, whichever is greater.
Cash Advance:
Either $10 or 3% of the advance amount, whichever is greater.
Cash Equivalent Advance:
Either $10 or 3% of the advance amount, whichever is greater.
Foreign Transaction:
0.8% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars,
3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency
Penalty Fee.
Late Payment:
Signature:
$15 on balances up to $100,
$29 on balances from $100 up to $250,
$39 on balances of $250 or more
Platinum:
$15 on balances up to $100,
$29 on balances from $100 up to $250,
$39 on balances of $250 or more.
Returned Payment:
$39
Overlimit:
None for Signature,
$39 for Platinum.
This information is accurate as of 08/2010 and is subject to change after this date. For current information, please contact Toyota Financial Savings Bank at P.O. Box 6329 Fargo, ND 58125-6329 or call us at 866-613-2955 (TDD 888-352-6455) for any changes.
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)."
Notice to New York Residents: You may contact the New York State Banking Department at 877-226-5697 or by writing to the Research & Technical Assistance Division, 1 State St., NY, NY 10004-1417 to obtain a comparative listing of all credit card rates, fees, and interest-free periods.
Notice to California Residents: An applicant, if married, may apply for a separate account.
Notice to Married Wisconsin Residents: No provision of any marital property agreement, unilateral statement under section 766.59 of the Wisconsin statutes or court decree under section 766.70, adversely affects our interest unless we, prior to the time the credit is granted or an open-end credit plan is entered into, are furnished a copy of the agreement, decree, or court order, or has actual knowledge of the adverse provision. IF YOU ARE A MARRIED WISCONSIN RESIDENT, CREDIT EXTENDED UNDER THIS ACCOUNT WILL BE INCURRED IN THE INTEREST OF YOUR MARRIAGE OR FAMILY. If this credit account is opened, TFSB may give notice to your spouse.
Notice to Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.
You must have a valid permanent home address in the 50 United States or the District of Columbia. Terms, conditions and restrictions apply and are fully described in the Toyota Rewards Visa Cardmember Agreement and the Toyota Rewards Program Terms and Conditions which may be amended from time to time.
By submitting the application, I represent and warrant that all information I provide in connection with this application is true and complete. I understand that Toyota Financial Savings Bank (TFSB) will rely on the information I provide in making its credit decision. I understand that if TFSB opens an Account based on this application, I will be individually liable for all fees and charges incurred on the Account, as specified in the Cardmember Agreement I will receive with the Card which may be amended from time to time. I further understand that such fees and charges may change from time to time. In determining my eligibility for credit now and in connection with my Account, I authorize TFSB to verify my employment, income and all other information I have provided, and obtain information about me from other creditors, credit reporting agencies, employers, third parties, and federal and state records, and I hereby waive any right of confidentiality I may have in that information under applicable law. If I do not qualify for the Toyota Rewards Visa Signature Card, submitting this application constitutes my application for a Toyota Rewards Visa Platinum Card. I understand that I must be at least 18 years of age to qualify for a Card. I understand that my credit limit will be determined after TFSB verifies my application. By providing a telephone number for a cellular phone or other wireless device, I am expressly consenting to receive communications at that number, including, but not limited to, prerecorded or artificial voice message calls, text messages, and calls made by an automatic telephone dialing system from TFSB and its affiliates, agents and service providers. This express consent applies to each such telephone number that I provide to TFSB now or in the future and permits such calls regardless of their purpose. These calls and messages may incur fees from your cellular provider. The terms and conditions disclosed in this offer may only be available when applying with this application. Terms and conditions may vary when applying with or in response to a different application or solicitation. By submitting the application, I certify that I have read, understood, and agree to the terms of this application.
