Directly Below the Table Disclose the following directly below the table. Introductory If you disclose an introductory rate, you must disclose: The circumstances under which the introductory rate may be revoked. The rate that will after the introductory rate is revoked. Employee Preferential Rates If you disclose a preferential annual percentage rate for employees (or others with similar affiliation) you must briefly disclose: The circumstances under which such preferential rate may be revoked. The rate that will apply after such preferential rate is revoked. Balance Computation Method Disclose the name of the balance computation method that is used to determine the balance on which the finance charge is computed for each feature. Disclosure Methods Direct Mail and Electronic You must disclose all of the applicable disclosures on or with any application or solicitation that is mailed to members. These disclosures must be accurate as of the time of mailing except for the APR, which must be one that was in effect within 60 days before the date of mailing. Disclosures provided in electronic form must be accurate as of the time they are sent. Direct mail requirements only to mailings sent directly to individual members. Telephone Requirements apply to any credit union-initiated telephone contact during which you take application information or offer to open a credit card account without an application (a telephone solicitation). “preapproved” The credit union must disclose orally the same terms that must be in tabular form for direct mailings. Telephone Alternative An alternative is permitted if:
Directly Below the Table Disclose the following directly below the table. Introductory If you disclose an introductory rate, you must disclose: The circumstances under which the introductory rate may be revoked. The rate that will after the introductory rate is revoked. Employee Preferential Rates If you disclose a preferential annual percentage rate for employees (or others with similar affiliation) you must briefly disclose: The circumstances under which such preferential rate may be revoked. The rate that will apply after such preferential rate is revoked. Balance Computation Method Disclose the name of the balance computation method that is used to determine the balance on which the finance charge is computed for each feature. Disclosure Methods Direct Mail and Electronic You must disclose all of the applicable disclosures on or with any application or solicitation that is mailed to members. These disclosures must be accurate as of the time of mailing except for the APR, which must be one that was in effect within 60 days before the date of mailing. Disclosures provided in electronic form must be accurate as of the time they are sent. Direct mail requirements only to mailings sent directly to individual members. Telephone Requirements apply to any credit union-initiated telephone contact during which you take application information or offer to open a credit card account without an application (a “preapproved” telephone solicitation). The credit union must disclose orally the same terms that must be in tabular form for direct mailings. Telephone Alternative An alternative is permitted if:
Credit%20Card%20Outline(1).docx