Disclosure 29727 en-US
Disclosure 29727 en-US
Disclosure 29727 en-US
• Transfer 4% of the amount of each transferred balance that posts to your account at a promotional APR that we
may offer you.
• Cash Advance Either $5 or 5% of the amount of each cash advance, whichever is greater.
Penalty Fees
How Do You Calculate My Balance? We use a method called “average daily balance (including new transactions).”
What Are My Billing Rights? Information on your rights to dispute transactions and how to exercise those rights is provided in
the “Your Billing Rights” section in the enclosed Additional Disclosures.
Are There Any Other Penalty Fees Associated With This Card That Are Not Listed In The Box Above? No. There are no
additional Penalty Fees associated with this card.
What Should I Put For Total Annual Income? You may include personal income, which is income you have earned, including
full-time, part-time, or seasonal jobs, self-employment, interest or dividends, retirement, and public assistance. You may also
include shared income, which is money from somebody else that is regularly deposited into your individual account or into a joint
account that person shares with you. If you are 21 or over, you may also include somebody else’s income that is regularly used to
pay your expenses.
When Can I Request a Transfer? Transfer eligibility is determined by Capital One at our discretion. Transfers between
Capital One accounts, including branded partner accounts, are not available.
Can You Change My Account Terms? We can change the terms of your account as permitted by law. When required, we will
send you notice before doing so.
How Do You Calculate My Variable Rates? Your variable rates may change when the Prime Rate changes. We calculate
variable rates by adding a percentage to the Prime Rate published in The Wall Street Journal on the 25th day of December,
March, June and September. If the Journal is not published on that day, then see the immediately preceding edition. Variable rates
on the following segment(s) will be updated quarterly and will take effect on the first day of your January, April, July and October
billing periods: Purchase APR: Prime plus 21.49%; Transfer APR: Prime plus 21.49%; Cash Advance APR: Prime plus 21.49%.
Any increase in the Prime Rate may increase your Interest Charges and your Minimum Payment.
How Do You Determine My Credit Line? We will determine your credit line after a review of your application and your ability to
pay.
What Are The Daily Periodic Rates Used To Calculate My Interest? The daily periodic rate for your Purchase APR is
0.08216%, Transfer APR is 0.08216%, and Cash Advance APR is 0.08216%. See “How Do You Calculate The Interest Charge?”
section in the enclosed Additional Disclosures.
How Do You Calculate My Minimum Payment? If your balance is less than $25, your minimum payment will be equal to your
balance. Otherwise, your minimum payment will be the greater of $25 or 1% of your balance plus new interest and late payment
fees. We will also add any past due amount to your minimum payment. If your Account charges off, the entire balance is due
immediately.
Are Unauthorized Use Or $0 Fraud Liability Claims Subject To Investigation And Verification? Yes.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
When Can I Request A Transfer? You may request a transfer 10 days after your account is opened. Your account may not
always be eligible for Transfers. Transfer eligibility is determined by Capital One at our discretion. Transfers between Capital One
accounts are not permitted. That means balances cannot be transferred to this account from any other credit card issued by
Capital One including, but not limited to cards branded with, Bass Pro Shops CLUB, Cabela's, Kohl’s, Sony, GM, BuyPower Card,
Union Plus, Walmart and Teamster Privilege.
How Do You Apply My Payment? We will apply payments up to your minimum payment first to the balance with the lowest APR
(including 0% APR), and then to balances with higher APRs. We apply any part of your payment exceeding your minimum
payment to the balance with the highest APR, and then to balances with lower APRs.
How Can I Avoid Paying Interest Charges? If you pay your statement’s “New Balance” in full by the due date each month, we
will not charge interest on any new transactions that post to the purchase balance. If you have been paying your account in full
without interest charges, but fail to pay your next “New Balance” in full, we will charge interest on the unpaid balance. For cash
advances and transfers, we will start charging interest on the transaction date. From time to time, we may give you offers that
allow you to pay less than the total balance and avoid interest charges to new transactions that post to your purchase balance. If
we do, we will provide details in the specific offer.
How Is The Interest Charge Determined? Interest charges accrue from the 1) date of the transaction, 2) date the transaction is
processed or 3) first day of the billing period. Interest accrues daily on every unpaid amount until it is paid in full. Any interest that
has accrued during a billing period will post to your Account at the end of the billing period and will appear on your next Statement.
This means you may owe Interest Charges even if you pay the entire “New Balance” one month, but did not do so the previous
month. For example, even if a customer pays their balance in full on a February 26th due date, interest would continue to accrue
on the balance from February 2nd (the start of the Billing Cycle) through February 26th, and will appear on their next Statement.
Once you start accruing Interest Charges, you generally must pay your New Balance in full for two consecutive Billing Cycles
before Interest Charges stop being posted to your Statement. Interest Charges are added to the proper segment of your account.
However, we reserve the right to not assess Interest Charges.
How Do You Calculate The Interest Charge? We use a method called Average Daily Balance (including new transactions).
Under this method, we first calculate your daily balance; for each segment, 1) take the beginning balance and add in new
transactions and the periodic interest charge on the previous day’s balance, then 2) subtract any payments and credits for that
segment as of that day. The result is the daily balance for each segment. However, if you paid your previous month’s balance in
full (or if your balance was zero or a credit amount), new transactions which post to your purchase or special purchase segments
are not added to the daily balances. Also, transactions subject to a grace period are not added to the daily balances.
Next, to find your Average Daily Balance: 1) add the daily balances together for each segment, and 2) divide the sum by the
number of days in the billing cycle.
At the end of each billing cycle, we determine your Interest Charge as follows: 1) multiply your Average Daily Balance by the daily
periodic rate (APR divided by 365) for that segment, and 2) multiply the result by the number of days in the billing period. NOTE:
Due to rounding or a minimum interest charge, this calculation may vary from the interest charge actually assessed.
Are Unauthorized Use Or $0 Fraud Liability Claims Subject To Investigation And Verification? Yes.
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 for your name, address, date of birth and other information that will allow us to identify you. We may
also ask to see your driver’s license or other identifying documents.
This “prescreened” offer of credit is based on information in your credit report indicating that you meet certain
criteria. This offer is not guaranteed if you do not meet our criteria. If you do not want to receive prescreened
offers of credit from this and other companies, call the consumer reporting agencies toll free, 1-888-5-OPT-OUT
(1-888-567-8688); or write them individually at: Experian Marketing Services, Attn: Opt-out Services, P.O. Box
80128, Lincoln, NE 68521; Equifax Information Services LLC, P.O. Box 740123, Atlanta, GA 30374-0123;
TransUnion Opt Out Request, P.O. Box 505, Woodlyn, PA 19094; LexisNexis Risk & Information Analytics Group
Inc., Attn: FCRA Opt Out, LexisNexis Consumer Center, Prescreen Opt Outs, P.O. Box 105108, Atlanta, GA
30348-5108.
MILITARY LENDING ACT NOTICE
Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of
consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not
exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The
costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any
application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee
charged (other than certain participation fees for a credit card account).
To hear this same disclosure and a general description of your payment obligations for this credit card account, please call us
toll-free at: 844-788-8999.
During any period in which the Military Lending Act (“the Act”) applies to you, no provision of your Cardholder Agreement that is
inconsistent with the Act shall apply and your Cardholder Agreement shall be interpreted to comply with the Act.
While we investigate whether or not there has been an error, the following are true:
• We cannot try to collect the amount in question, or report you as delinquent on that amount.
• The charge in question may remain on your statement, and we may continue to charge you interest on that amount.
• While you do not have to pay the amount in question until we send you a notice about the outcome of our investigation, you are
responsible for the remainder of your balance.
• We can apply any unpaid amount against your credit limit.
After we finish our investigation, one of two things will happen:
• If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that amount.
• If we do not believe there was a mistake: You will have to pay the amount in question, along with applicable interest and fees.
We will send you a statement of the amount you owe and the date payment is due. We may then report you as delinquent if you
do not pay the amount we think you owe.
If you receive our explanation but still believe your bill is wrong, you must write to us at Capital One, P.O. Box 30279, Salt Lake
City, UT 84130-0279 within 10 days telling us that you still refuse to pay. If you do so, we cannot report you as delinquent without
also reporting that you are questioning your bill. We must tell you the name of anyone to whom we reported you as delinquent,
and we must let those organizations know when the matter has been settled between us.
If we do not follow all of the rules above, you do not have to pay the first $50 of the amount you question even if your bill is correct.
Your Rights If You Are Dissatisfied With Your Credit Card Purchases.
If you are dissatisfied with the goods or services that you have purchased with your credit card, and you have tried in good faith to
correct the problem with the merchant, you may have the right not to pay the remaining amount due on the purchase. To use this
right, all of the following must be true:
1. You must have used your credit card for the purchase. Purchases made with cash advances from an ATM or with a check that
accesses your credit card account do not qualify; and
2. You must not yet have fully paid for the purchase.
If all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at:
Capital One, P. O. Box 30279, Salt Lake City, UT 84130-0279
While we investigate, the same rules apply to the disputed amount as discussed above. After we finish our investigation, we will
tell you our decision. At that point, if we think you owe an amount and you do not pay, we may report you as delinquent.
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