Visa Cash Rewards - Terms and Conditions

 
 
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases

1.99% introductory APR for the first 6 months.

After that, your APR will be from 14.74% up to 27.74% , based on your creditworthiness. This APR will vary with the market based on the Prime Rate.1

APR for Balance Transfers

0.00% introductory APR and 0 payments from the transfer date for 12 months and $0 balance transfer fee. Applies to transfers made within the first 90 days from account opening. Requires cancellation of the credit card from which the balance is transferred.

After that, your APR will be from 14.74% up to 27.74%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.1

APR for Cash Advances

25.74% to 29.74% when you open your account, based on your creditworthiness.

This APR will vary with the market based on the Prime Rate. 1

Penalty APR and When it Applies

29.99% This APR may be applied to your account if you miss a required minimum payment for a period of sixty (60) consecutive days from its due date.

How Long Will the Penalty APR Apply? If your APRs are increased for this reason, the Penalty Rate will remain in effect until the account becomes current and 6 consecutive required minimum payments are received on or before the payment due date.

Paying Interest

Your due date is at least 25 days after the close of each billing cycle. You will not be charged interest from the time you purchased goods or services, if you pay your full account balance by the Payment Due Date. In the event you don't pay the full account balance, while in the Grace Period, you will not pay interest on the amount paid for that cycle. On subsequent cycles you will not have a Grace Period until you pay your full account balance on time for two cycles in a row. Amounts related to certain offers will not be taken into consideration in determining the Grace Period. Please refer to the offer terms and conditions. The No Grace Period Transactions begin to accrue interest on the date they are posted and remain subject to Interest Charges until paid in full.

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.

 
 
Fees
Annual Fee $0 Annual Fee
$0 Additional Card Fee

Transaction Fees

• Cash Advances and Convenience Checks

• Balance Transfers

• Foreign Transaction

 
 

2% of the amount of each transaction (minimum $2; maximum $10)

2% of the amount of each transfer (minimum $2; maximum $10)

1% of each transaction in U.S. dollars for Visa International

Penalty Fees

• Returned Payment

• Late Payment

 

Up to $10

Up to $38

How we will calculate your balance: We use a method called "average daily balance" (including new transactions).

Loss of introductory APR: We may end your introductory APRs and apply the corresponding APRs if you close your account or if you miss a payment.
 

Billing Rights: Information on your right to dispute transactions and how to exercise this right is provided in your Credit card Agreement.
 


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The information on card costs described is correct as of November 30, 2018.
This information may have varied after this date. To verify what may have changed in this information call (787) 758-0505 or toll free 1-800-981-9505 or write to the following address:

Popular de Puerto Rico
Card Products Division (643)
PO BOX 363228, San Juan, Puerto Rico 00936-3228

IMPORTANT NOTICE USA PATRIOT ACT

Section 326 of the USA PATRIOT Act was effective on April 17, 2015. 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 For each billing period, the Interest Charge and APR will be determined by adding the Prime Rate, as published by the Wall Street Journal, to a margin. The variable rates illustrated are based on a Prime Rate of 4.75% in effect October 31, 2019.