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Federal Survey of Credit Card Plans
Every six months the Federal Reserve System surveys the terms of credit card plans offered by financial institutions and publishes a report of the findings. The report includes information from the largest credit card issuers in the country as well as other financial institutions that wish to participate in the survey. The credit terms shown in the accompanying list are as of January 31, 2009, and are subject to change. You should contact issuers for current rates and to learn about other credit card plans.
Codes Used in the List of Plans
Availability: Refers to availability of card to consumers
N = Nationally
R = Only in selected states
State abbreviation = Only in state specified
Type of pricing
F = Fixed
V = Variable
T = Tiered, with different periodic rates for different levels of outstanding balance. Rate shown applies to the lowest of the balance tiers.
Index: The interest rate on variable-rate plans is based on an index. The codes shown in the list of plans correspond to the following indexes:
1 = Prime rate
2 = One-month Treasury bill rate
3 = Three-month Treasury bill rate
4 = Six-month Treasury bill rate
5 = One-year Treasury bill rate
6 = Federal funds rate
7 = Cost of funds to card issuer
8 = Federal Reserve discount rate
9 = Other
0 = Not applicable
Other features: Credit card issuers may add enhancements or other features to the plan without charging extra fees. These enhancements may include cash rebates, purchase protections, warranty guarantees, travel accident or automobile rental insurance, discounts on goods and services, and incentives for use such as frequent flyer miles.
1 = Rebates on purchases
2 = Extension of manufacturer?s warranty
3 = Purchase protection/security
4 = Travel accident insurance
5 = Travel-related discounts
6 = Automobile rental insurance
7 = Non-travel-related goods and services
8 = Credit card registration
9 = Reduced introductory interest rate available
10 = Other, not specified
N.R. = Not reported
| Institution | Availability and Credit Card Plan | Annual Percentage Rate | Type of Pricing | Index | Grace Period (days) | Annual Fee | Other
Features | Company
Telephone
Number | | 1ST SUMMIT BANK | N- VISA | 9.25 | V | 1 | 25 | 15 | 1,3,4,5,6,10, | (888) 262-4010 | | 5STAR BANK (A COLORADO INDUSTRIAL BANK) | N- 5STAR VISA PLATINUM | 11.9 | F | 0 | 25 | 0 | 4,9,10, | (888) 277-0444 | | ADIRONDACK TRUST COMPANY, THE | NY- VISA | 15.0 | F | 0 | 25 | 15 | 4,6, | (800) 485-7899 | | AMALGAMATED BANK OF CHICAGO | N- AMALGAMATED BANK OF CHICAGO - MASTERCARD | 9.25 | V | 1 | 25 | 0 | 4,5,10, | (800) 365-6464 | | AMERICAN BANK OF THE NORTH | MN- AMERICAN BANK VISA REWARDS | 6.90 | F | 0 | 25 | 0 | 2,3,4,5,6, | (218) 262-3557 | | AMERICAN EXPRESS BANK, FSB | N- AMERICAN EXPRESS GOLD | 13.2 | V | 1 | 20 | 95 | N.R. | (800) 257-0770 | | AMERICAN EXPRESS CENTURION BANK | N- BLUE FROM AMERICAN EXPRESS | 10.2 | V | 1 | 20 | 0 | 2,3,4,5,6,9,10, | (800) 528-4800 | | AMERICAN SAVINGS BANK, F.S.B. | HI- CLASSIC VISA | 16.3 | F | 0 | 25 | 0 | 4,6, | (808) 539-7218 | | AMERICAN STATE BANK | TX- AMERICAN STATE BANK VISA | 9.90 | F | 0 | 25 | 0 | N.R. | (800) 725-2006 | | AMERIPRISE BANK, FSB | N- MASTERCARD | 4.50 | V | 1 | 30 | 150 | N.R. | (866) 715-4255 | | APPALACHIAN COMMUNITY BANK | N- VISA CLASSIC | 14.9 | F | 0 | 15 | 12 | N.R. | (706) 276-8000 | | ARVEST BANK | R- VISA | 16.9 | V | 1 | 25 | 0 | 4,6,8, | (800) 356-8085 | | BANCO POPULAR NORTH AMERICA | R- MASTERCARD | 8.49 | V | 1 | 25 | 0 | 2,3,4,6,9, | (888) 317-9062 | | BANCORPSOUTH BANK | R- MASTERCARD | 8.90 | V | 1 | 30 | 0 | N.R. | (800) 844-2723 | | BANK MIDWEST, NATIONAL ASSOCIATION | R- VISA CLASSIC | 11.2 | V | 1 | 25 | 0 | 2,4,6, | (888) 985-4575 | | BANK OF CANTON, THE | MA- VISA CLASSIC | 9.96 | F | 0 | 25 | 0 | 4,5,6,8,10, | (888) 828-1690 | | BANK OF KENTUCKY, INCORPORATED, THE | R- VISA GOLD | 10.0 | V | 1 | 25 | 0 | 4,9, | (859) 372-5170 | | BANK OF LOUISIANA | N- VISA AND MASTERCARD | 9.90 | F | 0 | 25 | 0 | N.R. | (800) 353-6454 | | BANKERS' BANK OF KANSAS, NATIONAL ASSOCIATION | KS- VISA | 11.7 | V | 1 | 25 | 0 | 4, | (800) 675-6284 | | BANNER BANK | R- VISA PLATINUM REWARDS | 12.0 | F | 0 | 25 | 0 | 4,6,10, | (509) 524-5515 | | BARCLAYS BANK DELAWARE | N- US AIRWAYS WORLD MASTERCARD | 13.2 | V | 1 | 20 | 49 | 3,4,5,6,9, | (866) 419-0881 | | BB&T FINANCIAL, FSB | R- VISA | 7.15 | V | 1 | 25 | 0 | 3,4,5,6,9, | (800) 976-4228 | | BMW BANK OF NORTH AMERICA | N- VISA | 12.5 | V | 1 | 22 | 0 | 2,3,4,6,9,10, | (888) 269-2273 | | BOONE COUNTY NATIONAL BANK OF COLUMBIA, THE | R- MASTERCARD / VISA | 17.4 | F | 0 | 25 | 0 | 1,4,5,7,9, | (800) 445-9272 | | CAPITAL ONE BANK (USA), NATIONAL ASSOCIATION | N- MASTERCARD | 18.1 | V | 1 | 25 | 0 | N.R. | (800) 955-7070 | | CENTRAL BANK & TRUST COMPANY | KY- VISA | 18.0 | F | 0 | 25 | 20 | N.R. | (800) 637-6884 | | CENTRAL TRUST BANK, THE | R- MASTERCARD / VISA | 17.4 | F | 0 | 25 | 0 | 1,4,5,7,9, | (800) 445-9272 | | CHASE BANK USA, NATIONAL ASSOCIATION | N- MASTERCARD | 9.99 | F | 0 | 20 | 0 | N.R. | (888) 684-7370 | | CHEMUNG CANAL TRUST COMPANY | NY- VISA BUSINESS CARD | 8.65 | V | 1 | 25 | 25 | 3,4,6, | (800) 836-3711 | | CITIBANK (BANAMEX USA) | N- MASTERCARD PLATINUM | 7.24 | V | 1 | 25 | 0 | 1,4,10, | (800) 222-1234 | | CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION | N- PLATINUM SELECT MASTERCARD | 10.7 | V | 1 | 20 | 0 | N.R. | (800) 950-5114 | | CITIZENS FIRST BANK | FL- VISA PLATINUM | 12.0 | F | 0 | 25 | 0 | 2,4,6,10, | (352) 259-3274 | | CITY NATIONAL BANK | R- VISA BUSINESS | 16.0 | F | 0 | 25 | 50 | 2,3,4,6,10, | (800) 221-5920 | | CITY NATIONAL BANK OF TAYLOR, THE | TX- VISA AND MASTERCARD | 13.9 | F | 0 | 25 | 0 | 4,6, | (800) 848-8472 | | CNB BANK | N- VISA GOLD | 5.25 | V | 1 | 30 | 0 | 2,3,4,5,6,8,10, | (800) 492-3221 | | COLUMBUS BANK AND TRUST COMPANY | N- PLATINUM | 7.15 | V | 1 | 25 | 0 | N.R. | (800) 543-8227 | | COMMUNITY BANK & TRUST COMPANY | PA- VISA | 12.0 | F | 0 | 25 | 0 | 10, | (800) 820-4642 | | COMPASS BANK | R- VISA | 13.2 | V | 9 | 25 | 0 | N.R. | (800) 239-5175 | | COPPERMARK BANK | R- MASTERCARD | 16.2 | V | 1 | 25 | 15 | N.R. | (405) 593-1557 | | COREFIRST BANK & TRUST | R- VISA CLASSIC | 12.1 | V | 1 | 25 | 0 | 4,6,9, | (785) 267-8900 | | CREDIT ONE BANK, NATIONAL ASSOCIATION | N- VISA | 23.9 | F | 0 | 25 | 69 | N.R. | (877) 825-3242 | | D. L. EVANS BANK | N- VISA | 11.2 | V | 1 | 25 | 20 | 2,3,4,5,6,8,10, | (208) 678-2529 | | DISCOVER BANK | N- DISCOVER MORE CARD | 12.5 | V | 1 | 25 | 0 | 1,4,6,7,9, | (800) 347-2683 | | DOLLAR BANK, A FEDERAL SAVINGS BANK | R- VALUED CUSTOMER VISA | 10.2 | V | 1 | 25 | 0 | 1,6,9, | (800) 447-2823 | | FAIRFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION OF LANCASTER | OH- FAIRFIELD FEDERAL VISA GOLD | 8.00 | V | 1 | 25 | 12 | 10, | (800) 650-0987 | | FIA CARD SERVICES, NATIONAL ASSOCIATION | N- BANK OF AMERICA PLATINUM PLUS VISA | 14.0 | V | 1 | 20 | 0 | 3,4,6,10, | (800) 932-2775 | | FIDELITY BANK, THE | R- VISA | 18.0 | F | 0 | 25 | 12 | N.R. | (919) 552-2242 | | FIFTH THIRD BANK | R- PLATINUM MASTERCARD | 8.99 | V | 1 | 20 | 0 | 3,4,6,8,9,10, | (877) 579-5353 | | FIRST BANK & TRUST EAST TEXAS | TX- VISA CLASSIC | 13.9 | F | 0 | 25 | 0 | 4, | (888) 608-7787 | | FIRST CITIZENS BANK AND TRUST COMPANY, INC. | R- VISA | 8.15 | V | 1 | 25 | 0 | 4,5, | (888) 612-4444 | |
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