| Annual Percentage Rate (APR) for Purchases || 16.24% for World MasterCard® accounts, or 19.24% for Platinum Plus® accounts, based on your creditworthiness when you open your account. |
After that, your APR will vary with the market based on the Prime Rate.
| APR for Balance Transfers || 16.24% for World MasterCard accounts, or 19.24% for Platinum Plus accounts, based on your creditworthiness when you open your account. |
After that, your APR will vary with the market based on the Prime Rate.
| APR for Cash Advances || 19.99% for Direct Deposit and Check Cash Advances, and |
24.99% for Bank Cash Advances. See footnotes Footnote 1 and Footnote 2 for explanation.
These APRs will vary with the market based on the Prime Rate.
| Penalty APR |
and When it Applies
| Up to 29.99%, based on your creditworthiness. |
This APR will vary with the market based on the Prime Rate.
This APR may be applied to new transactions on your account if you:
• Make a late payment.
How Long Will the Penalty APR Apply?: If your APRs are increased, the Penalty APR will apply indefinitely.
| 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 || If you are charged interest, the charge will be no less than $1.50. |
| 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 | How We Will Calculate Your Balance:
We use a method called “average daily balance (including new purchases).”
Payments are allocated to posted balances. If your account has balances with different APRs, we will allocate the amount of your payment equal to the Total Minimum Payment Due to the lowest APR balances first. Payment amounts in excess of your Total Minimum Payment Due will be applied to balances with higher APRs before balances with lower APRs.
More Information about Penalty Fees and Penalty APR
Penalty Fees: If your Total Minimum Payment Due is not received by your Payment Due Date, a Late Payment Fee of $25 will be assessed; $35 for subsequent occurrences that are within 6 billing cycles of a previous occurrence. However, the Late Payment Fee will not exceed the total minimum payment that was due. If your balance is $100 or less on the Payment Due Date, we will not assess a Late Payment Fee. The Returned Payment Fee will not exceed the total minimum payment that was due.
Penalty APR: Your Penalty APR will not exceed 29.99% on new transactions. There is no Penalty APR on existing balances.
By submitting this application, you: (1) acknowledge that you have reviewed the credit card Terms and Conditions; (2) agree to submit your application for this credit card subject to those Terms and Conditions; and (3) authorize us to use the information in your application, and any other information we or our affiliates have about you, to determine your ability to pay, as required by Federal law.
You have read the accompanying application, and you affirm that everything you have stated is true and complete. You are at least 18 years of age or you are at least 21 years of age if a permanent resident of Puerto Rico. You authorize FIA Card Services, N.A. (hereinafter “us” or “our”) to obtain your credit report(s), employment history and any other information in order to approve or decline this application, service your account, and manage our relationship with you. You consent to our sharing of information about you and your account with the organization, if any, endorsing this credit card program. You authorize us to share with others, to the extent permitted by law, such information and our credit experience with you. In addition, you may as a customer later indicate a preference to exempt your account from some of the information-sharing with other companies (“opt-out”). If you accept or use an account, you do so subject to the terms of this application, the “Details of Rate, Fee and Other Cost Information” and the Credit Card Agreement, as it may be amended; you also agree to pay all charges incurred under such terms. Any changes you make to the terms of this application will have no effect. You understand that your credit line will be determined based on your creditworthiness and your account type will be determined based on your approved credit line as follows: if your application is approved with a credit line of $5,000 or greater, you will receive a World MasterCard®
account; if the credit line is less than $5,000, you will receive a Platinum Plus®
account. The APRs, Annual Fees and benefits for Platinum Plus accounts differ from World MasterCard accounts. You understand that only a portion of your Total Credit Line will be available for Bank Cash Advances. You accept that on a periodic basis your account may be considered for automatic upgrade at our discretion. You consent to and authorize us, any of our affiliates, or our marketing associates to monitor and/or record any of your phone conversations with any of our representatives. If additional development is necessary based on the application information provided, we will make every attempt to contact you.
Spirit Airlines MasterCard® Card Rewards Program Summary
If you are not a current member of the Spirit Airlines FREE SPIRIT™ Miles Program, you will automatically be enrolled upon card approval. Miles earnings are based on new net purchases (qualifying purchases less credits, returns, and adjustments) charged to the card each billing cycle (“Net Purchases”). Spirit Airlines World MasterCard® cardholders earn two miles for every dollar of Net Purchases and Spirit Airlines Platinum Plus® MasterCard® cardholders earn one mile for every dollar of Net Purchases. Balance transfers, cash advances, including purchases of cash equivalents of any kind, fees, interest charges, fraudulent transactions, and certain other charges do not earn any miles.
World MasterCard cardholders will receive 15,000 bonus miles and Platinum Plus cardholders will receive 5,000 bonus miles after first use of the account for a purchase (that is not later returned or rescinded) that is posted in the first 90 days after account opening. These bonus miles will be awarded at the close of your billing statement after you make your first purchase. Other advertised promotional bonus miles offers can vary from this promotion and may not be substituted. You will be awarded an annual bonus of 5,000 miles if you make at least $10,000 in Net Purchases on your card within a year (a year being the 12 monthly statements issued within any anniversary year) and pay your annual fee. The bonus miles will be posted to your miles account within four to six weeks of the anniversary of your card’s open date. The value of this reward may constitute taxable income to you. Bank of America may issue an Internal Revenue Service Form 1099 (or other appropriate form) to you that reflects the value of such reward. Please consult your tax advisor, as neither Bank of America, its affiliates, nor their employees provide tax advice.
As a Spirit Airlines MasterCard cardholder, you will also receive access to special reduced roundtrip award redemption levels. To redeem miles, you must be an Active Member of the FREE SPIRIT Miles Program. Using your MasterCard credit card each month for at least one purchase is one way to maintain your active status in the Program. All award travel is subject to the FREE SPIRIT Miles Program Terms and Conditions and is subject to taxes, fees, and certain restrictions. Please see www.spirit.com/MembershipGuide.aspx and www.spirit.com/awardtaxesandfees for more details.
Other significant terms apply. Program subject to change. A complete set of all Program Rules and Terms and Conditions will be provided upon approval with your new account materials. Account Alerts.
Alerts received as text messages on your mobile access device may incur a charge from your mobile access service provider. Mobile App alerts are not available on select devices.
Text Banking. Bank of America does not charge for Text Banking. However, your mobile service provider may charge for sending and receiving text messages on your mobile phone. Check with your service provider for details on specific fees and charges that may apply.
Mobile Banking. To access Online or Mobile Banking, you must enroll in the service. Once enrolled, the same Online ID and passcode can be used to access both Online and Mobile Banking. View the Online Banking Service Agreement for more information about both Mobile and Online Banking. Wireless carrier fees may apply. Enrollment not available through the Mobile App on all devices. $0 Liability Guarantee
. The $0 Liability Guarantee covers fraudulent purchases and payments made by others using your account. To be covered, don’t share personal or account information with anyone. Claims may only be filed by accountholder against posted and settled transactions subject to dollar limits and verification, including providing requested information supporting fraudulent use claim. Card Benefits.
Certain restrictions apply to each benefit. Platinum Plus®
card benefits differ from World MasterCard®
card benefits (i.e., coverage amounts vary and some benefits are not available). Details accompany new account materials. Overdraft Protection.
Overdraft transfers to your Bank of America checking account from your eligible credit card account will be Bank Cash Advances under your Credit Card Agreement. Transfers will be subject to the terms of both your Credit Card Agreement and the account agreement(s) and disclosures governing your Bank of America checking account. If you link your Bank of America checking account to your credit card for Overdraft Protection, we will automatically transfer funds in multiples of $100 from your credit card account to cover any overdraft on your checking account, as long as the portion of credit available for cash on your credit card account is sufficient and you are not in default under your Credit Card Agreement. A fee of $10 will apply for each transaction. The fee will not be assessed if your checking account is overdrawn by a total amount less than $10, after we finish processing for the day. The Bank Cash Advance will accrue interest at the APR stated in your Credit Card Agreement. If the portion of credit available for cash on your credit card account is insufficient to cover the amount required by the overdraft (in the multiple of funds stated above), we may advance the funds even if it causes your credit card account to exceed your Cash Credit Line. Linking Overdraft Protection from your Bank of America checking account to your credit card will end any Overdraft Protection connections to your Bank of America savings account. Please see your Credit Card Agreement for additional details.
If the total amount you request exceeds your Total Credit Line, we may send full or partial payment to your creditors in the order you provide them to us. Allow at least 2 weeks from account opening for processing. Continue paying each creditor until the transfer appears as a credit. Balance Transfers incur interest charges from the transaction date. If you revolve your balance to take advantage of a promotional or introductory offer, all transactions and balances, including purchases, will be charged interest. The Balance Transfer fee is 3% of the amount of the transaction (min. $10). If you have a dispute with a creditor and pay that balance by transferring it to your new account, you may lose certain dispute rights. Balance Transfers may not be used to pay off or pay down any account issued by FIA Card Services, N.A.