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Service. Value. Convenience. Trust.

How We Will Calculate Your Balance: We use a method called “average daily balance (including new purchases).” See your CREDIT LINE ACCOUNT AGREEMENT AND FEDERAL DISCLOSURE STATEMENT for details.

Loss of Introductory APR: We may end your introductory APR and apply the penalty APR if you make a late payment. 

Prime Rate:  As of 6/16/22, the Prime Rate is 4.75%. We add 5.9%, 9.9%, or 14.65% to the Prime Rate to determine the APR. The maximum APR that we may impose will not exceed that permitted to be charged by a federally chartered credit union, which at the time of this disclosure is 18.00%.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your CREDIT LINE ACCOUNT AGREEMENT AND FEDERAL DISCLOSURE STATEMENT.

1. 0% introductory ANNUAL PERCENTAGE RATE (APR) is effective for nine (9) months after account opening. Thereafter the APR for purchases, balance transfers, and cash advances will be a variable rate that may adjust monthly and will be the sum of an “Index” plus a “Margin”. The “Index” for any given month will be equal to the Prime Rate published in the Selected Interest Rates section of the Federal Reserve website at www.federalreserve.gov fifteen days prior to the beginning of each month. If the Selected Interest Rates section is not updated that day, we will select the rate on the next day it is updated. If the Index changes on or before this day in any given month, your APR and monthly periodic rate will change on your monthly periodic statement that is produced on or after the first day of the following month. On June 16, 2022, the applicable Prime Rate was 4.75%. The “Margin” is 5.9%, 9.9%, or 14.65%. Your APR thus equals the Prime Rate of 4.75% plus 5.9%, 9.9%, or 14.65%, with an APR of 10.65%, 14.65%, or 18.00%, depending on your credit score at the time of your application. The maximum APR that we may impose will not exceed that permitted to be charged by a federally chartered credit union, which at the time of this disclosure is 18.00%. The maximum rate on this card will change if the NCUA changes the maximum rate permitted. If the APR increases due to an increase in the Index, you may pay more in finance charges and it may take you longer to pay what you owe in full. To determine the full amount for which you qualify and assess your annual percentage rate, we will need to take a quick application and review your credit report which you authorize us to obtain. Your total combined PFFCU Visa Line of Credit, Personal Line of Credit, and Signature Loan balance cannot exceed $30,000. Offer is valid for PFFCU members who do not have a PFFCU Credit Card. No Reward points will be given for Balance Transfers. Offer is subject to change or may be discontinued at any time without notice. For more details on how the Annual Percentage Rate, Index and Margin are determined, and the impact of any increase, please refer to the CREDIT LINE ACCOUNT AGREEMENT AND FEDERAL DISCLOSURE STATEMENT. By using the card, you (including any permitted user) agree to be bound by the terms and conditions of the CREDIT LINE ACCOUNT AGREEMENT AND FEDERAL DISCLOSURE STATEMENT, which you will receive if your application is approved.

Due to a high number of incidents of fraud, PFFCU has found it necessary to disable the use of the PFFCU Visa in some countries. For more information, visit PFFCU.org. If you are planning to travel out of the country, call us at 215-931-0300 or 800-228-8801 and we will be happy to help you find the best alternative to handle your finances safely.

2. The Police and Fire Federal Credit Union Member Bonus Program is subject to change at any time, without notice. The Member Bonus amount, when paid, is dependent on Police and Fire Federal Credit Union’s financial performance and is not guaranteed. Student Loans are not eligible for the Member Bonus. To receive the Member Bonus, you must meet all eligibility criteria and have an open/active savings account in good standing on the deposit date. You must not have caused PFFCU a loss with a charged-off loan(s) and/or a negative share charge-off(s) within the current year or the previous 5 years. Member Bonus payout requires that you must have accumulated enough deposit interest, loan interest (including interest on sold mortgage loans) or courtesy overdraft fees to qualify for at least a $1 Member Bonus. Maximum Member Bonus payout is $1,000. The combined balances of all first mortgages that are sold to Fannie Mae and active as of November 30, 2022 may receive up to $100 for the Member Bonus Program in 2022. The Member Bonus may be taxable and a portion will be included on a 1099-INT form. Police and Fire Federal Credit Union does not provide tax advice, please consult a tax advisor. 

3. The Premium Yield Account (PYA) requires a $2,500 balance to earn dividends. Dividends do not accrue on days when the ending daily balance is below the required balance. Deposits of $50,000 or more earn the jumbo APY of 1.00%. PYA owners are entitled to two FREE withdrawals per month, including the transfer of funds between shares or to another PFFCU account. Accounts will be charged $10 per each additional withdrawal/transfer out. See the Account Agreements and Disclosures for additional transaction limitations. Yields are effective as of July 1, 2022, and are subject to change.

4. PFFCU Checking Account earns 0.50% APY (Annual Percentage Yield). APY is subject to change as determined by the PFFCU Board of Directors.