Terms and conditions USVI
Annual Percentage Rate (APR) for Purchases	Variable APR with a minimum of 8.99%
Other APR's	Cash Advances: Variable APR with a minimum of 19.99% Balance Transfers from other institutions and Convenience Checks: Variable APR with a minimum of 8.99% Penalty Rate: Variable APR with a minimum of 29.99%†
Information regarding the variable rate	Your APR may change each billing period. The APR for purchases, balance transfers from other institutions and convenience checks will be determined by adding the value of the United States Prime Rate published in The Wall Street Journal to a margin of 1.99% up to 14.99%.^†† The APR for cash advances will be determined by adding the Prime Rate to a margin of 14.99%. ^†† The Penalty Rate will be determined by adding the Prime Rate to a margin up to 24.99%^††
Annual Fee	$0
Additional Card	$0
Grace Period for Purchases	From 20 days
Balance Calculation Method	Average daily balance (including new purchases)
Fee for Cash Advances, Balance Transfers and Convenience Checks	2% of the amount; $2 minimum; $10 maximum
Late Payment Fees	Balance Up to $100 More than $100 up to $250 More than $250	Fee $15 $29 $39
The information provided in this document regarding charges and fees of the cards described was accurate on October 1, 2008. This information may have varied after this date. To verify any information that might have changed you may call (787) 758-0505 or 1-800-981-9505 or write to the following address: Banco Popular de Puerto Rico Card Products Division (643) PO BOX 363228, San Juan, Puerto Rico 00936-3228

^†Your account will be considered in default if the minimum payment is not received on or before the payment due date. As a result, the APR applicable to all existing balances and new transactions may be increased a maximum of 3%.

In addition, your account will be considered in default if the minimum payment is not received on or before the payment due date during two (2) consecutive billing periods; or the bank receives two (2) payments after the due date within a period of twelve (12) months. As a result, the APR applicable to all existing balances and new transactions may be increased to an APR equivalent to the Prime Rate added to a margin of up to 24.99%, with a minimum APR of 29.99%.

Once the account becomes current and six (6) consecutive minimum payments are received on or before the payment due date, the APR will be restored to the current regular rate.

^††For each billing period we use the Prime Rate published in The Wall Street Journal three business days prior to your account statement closing date for that billing period. The Prime Rate in effect on October 8, 2008 is 4.50%.

Returned check fee: $10

IMPORTANT NOTICE
USA PATRIOT Act

Section 326 of the USA PATRIOT Act will be effective on October 1rst, 2003. This law requires financial institutions to obtain, verify, and record the information that identifies persons opening accounts. The USA government created this law as a measure to fight terrorism and money laundering.

When you open an account:

we will ask your name, home or street address, date of birth, social security number, and any other information deemed necessary to allow us to positively identify you.
we will ask to see your valid driver's license or other valid identification with photo issued by the government.

Thanks for allowing us to serve you.

Confidentiality of the information gathered by Popular, Inc. will be maintained as required under the Privacy Act.

¹ Subject to credit approval

Banco Popular
Member FDIC
(Except BVI)
Member of the Federal Reserve System

Online Security | Locator | Contact Us | Privacy | Terms