Feeling like you’re six feet under debt? You’re not alone. In fact, it is reported that 55% of American adults with a credit card also carry some sort of debt. Whether it’s credit cards, student loans, or personal loans clawing at your wallet, Yolo Federal has the spell to bring you back from debt’s grave. For the entire month of October, get 3.65% APR* for 12 months when you transfer your balance to our Visa® Gold credit card!
You may be wondering how another credit card could help you reduce your debt. It all depends on your interest charge. Higher interest rates catch you in a web of debt because more of your payment goes to pay the finance charges rather than your actual loan. The lower interest rate means you pay less to the financial institution. Our 3.65% APR* for 12 months means you could be paying hundreds less with us than your other financial institutions. Check out the chart below that compares the amount you’ll pay other institutions versus the amount you’ll pay with our exclusive low rate.
|Balance||Monthly Payment||Interest Rate||Term||Interest Paid|
|$9,000||$270||17.80% APR||12 Months||$1,573.56|
|$9,000||$270||20.00% APR||12 Months||$1,789.70|
|$9,000||$270||22.99% APR||12 Months||$2,091.62|
|$9,000||$270||3.65% APR||12 Months||$298.55|
If you’re ready to put debt in its own grave, apply for our Visa Gold card today! You can apply online or schedule an appointment with a Yolo Federal representative. If you already have a gold card, simply contact us at (530) 668-2700 or visit a branch to make the transfer.
*APR = Annual Percentage Rate. 3.65% APR applies to external balance transfers only. Rate valid for 12 months from the date the loan is advanced. After the promotional term, your rate will return to the then current rate as determined in your Credit Line Account Agreement and Disclosure. To receive the promotional balance transfer rate, the transfer must be completed during the promotional period: October 1-31, 2019. After the promotional 12 months term, the rate for balance transfers will revert to the current rate as determined in your Credit Line Account Agreement and Disclosure. Purchases, cash advances and internal balance transfers do not qualify for the promotional rate. The non-promotional rate for purchases, internal balance transfers, and cash advances is 10.00% APR and may vary as disclosed in your Credit Line Account Agreement and Disclosure. Non-promotional rate valid October 15, 2019 and subject to change without notice. Annual Percentage Rate and term determined by members’ creditworthiness. Subject to approval. Some restrictions may apply.