Considering changing the rate on your credit card? The SettleMINT EFT team is here to help! Contact them at settleminteft@cuanswers.com.
Here are some questions you should ask yourself:
- Have you reviewed your rate disclosures? Do you first need to adjust them?
- Are you changing the rate for members getting new credit card loans?
- Are you changing the rate for all members having credit cards with your credit union?
- Are you changing the rate for all credit card loans under a loan category?
- Are you changing the rate for only new purchases going forward?
- Are you changing the rate temporarily?
- Are you offering an introductory rate?