IBERIABANK VISA GOLD CASH BACK REWARDS CARD
Annual Percentage Rate for Purchases.
A variable APR will apply to balances attributable to purchases:
8.00%, 9.00%, or 10.00% as of 11/28/08, depending on your
Annual Percentage Rate for Balance
0% APR for 6 billing periods from the posting date of the balance transfer check *
A variable APR will apply to balances attributable to cash advances and convenience checks:
12.00%, 13.00%, or 14.00% as of 11/28/08, depending on your
Default APR: 22% on all balances**.
Variable Rate Information
Your APRs may vary. The rates are determined monthly by adding the Index (described below) and the
4.00%, 5.00%, or 6.00% per annum, depending on your credit worthiness, for the APR for credit card
8.00%, 9.00%, or 10.00% per annum, depending on your credit worthiness, for the APR for cash
advances and convenience checks.
The Index for each billing cycle is the highest ( U.S. ) “Prime Rate” published in the Money Rates table of
The Wall Street Journal during the calendar month immediately preceding the calendar month in which
the billing cycle ends. If the index has changed, the new variable rates will take effect as of the first day
of the billing cycle.
Grace Period for Repayment of Balances
You have 25 days to repay your balance for purchases before a finance charge on purchases will be
imposed. If the new balance is not paid in full within 25 days, a finance charge will apply to both the
balance remaining (including current billing cycle transactions) and to all transactions during succeeding
billing cycles until the new balance is paid in full.
Method of Computing the Balance for
Average daily balance method (including current transactions). The finance charge for a billing cycle is
computed by applying the "Monthly Periodic Rate" to the average daily balance of Credit Purchases,
which is determined by dividing the sum of the dail