Cash Rewards World VISA®
from MK Decision Bank

Credit Level: Good

Cash Rewards World VISA®
from MK Decision Bank

Enjoy unlimited 1% cash back rewards with no annual fee.

Credit Level: Good



Credit Card Terms and Conditions

Let all those purchases work for you, with a cash back rewards card!

People

MK Rewards Network

Earn up to 3% cash back on every purchase, every day when you shop at select community-based merchants as part of the MK Rewards Network™*

Dollar

1% Cash Back

Earn unlimited 1% Cash Back on every purchase, every day

Credit card

No Annual Fee

$0 Annual Fee - Keep your money in your wallet

Pen & Paper

Interest Rates & Fees Summary

Standard APR
15.00%, 20.00%, 25.00%, or 30.00% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
Annual Fee
$35, waived for the first year
Foreign Transaction Fee
3% of transaction
Cash Advance Fee
3% of transaction or $5, whichever is greater
Standard APRAnnual FeeForeign Transaction FeeCash Advance Fee
15.00%, 20.00%, 25.00%, or 30.00% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.$35, waived for the first year3% of transaction3% of transaction or $5, whichever is greater

Please see Credit Card Terms and Conditions for interest rate, fee, and other cost information, as well as an explanation of payment allocation. All terms may be subject to change.

Additional Product Features

  • Apple, Samsung, Android, Visa® Checkout
  • Online account information - MyCardStatement.com
  • Verified by Visa®

Credit Card Terms and Conditions

Cash Rewards World VISA®
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases15.00%, 20.00%, 25.00%, or 30.00% based on your creditworthiness.
This APR will vary with the market based on the Prime Rate.*
APR for Balance Transfers15.00%, 20.00%, 25.00%, or 30.00% based on your creditworthiness.
This APR will vary with the market based on the Prime Rate.*
APR for Cash Advances15.00%, 20.00%, 25.00%, or 30.00% based on your creditworthiness.
This APR will vary with the market based on the Prime Rate.*
How to Avoid Paying Interest on PurchasesYour due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. You cannot avoid paying interest on cash advances or balance transfers.
Minimum Interest ChargeIf you are charged interest, the charge will be no less than $1.00
For Credit Card Tips from the Consumer Financial Protection BureauTo learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore
Fees
Annual FeeNone
Transaction Fees
• Cash AdvanceEither $5 or 2% of the amount of each transaction, whichever is greater.
• Balance TransferEither $5 or 2% of the amount of each transaction, whichever is greater.
• Foreign Transaction1% of each transaction in U.S. dollars.
Penalty Fees
• Late PaymentUp to $35
• Returned PaymentUp to $35

How We Will Calculate Your Balance: We use a method called "average daily balance (including new transactions)."

*How We Calculate Variable Rates: Your APR may increase or decrease when the Prime Rate changes. We calculate variable rates by adding a margin of 10.00% - 25.00% to the Prime Rate published in The Wall Street Journal on the 10th day of each month. If The Wall Street Journal is not published on that day, we will use the Prime Rate from the previous day it was published. If the Prime Rate changes, your new rate may take effect on your next billing period. Any increase in the Prime Rate may increase your Interest Charges and Minimum Payment. The APR will not exceed 34.99%. Variable rates are accurate as of 03/03/2020.

Other Important Information:

Notice to Young Applicants: Federal law restricts our ability to provide credit cards to persons under age 21. To obtain an Account or credit limit increase, Applicants under age 21 must: (1) include the signature of a guarantor or joint applicant who has attained the age of 21 and has the means to repay the debts incurred; or (2) include financial information indicating that the underage applicant has the ability to repay the debts incurred.

Important Information About Procedures for Opening a New Account: To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, physical address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

Communicating with You; Consent to Contact by Electronic and Other Means. You authorize us to contact you for any lawful purpose, including for the collection of amounts owed to us and for the offering of products or services in compliance with our Privacy Notice in effect from time to time. No such contact will be deemed unsolicited. You authorize us to (i) contact you at any address or telephone number (including any wireless or cellular telephone, VoIP or ported landline telephone number) that you may provide to us, or we otherwise obtain by lawful means, from time to time; (ii) use any means of communication, including, but not limited to, postal mail, electronic mail, telephone or other technology, to reach you; (iii) use automatic dialing and announcing devices which may play recorded messages; and (iv) send text messages to your telephone, including any wireless or cellular telephone. Your consent under this paragraph constitutes a material part of our contract with you. You may revoke your consent under this paragraph by notifying us in writing at the address listed on your statement for correspondence.

Call Monitoring and Recording. You agree that we may monitor and record all phone calls. These calls, between you and our representatives, may be evaluated by supervisors and other bank representatives.

Credit Review and Reporting: You authorize us to obtain consumer reports on you from consumer reporting agencies for any lawful purpose, including any update, extension of credit, review, or collection of your account. We can do this from time to time while your account is open and after it is closed (if you owe us any money). If you request, you will be informed whether any consumer report was requested and if a report was requested, the name and address of the consumer reporting agency furnishing the report.

Notice of Information Reporting: We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report.

Verbal Military Lending Act Disclosures: If you would like more information or would like to obtain verbal Military Lending Act disclosures, please call the DMDC DEERS Support Office (DSO) at 1-800-538-9552.

Cash Back Rewards

  1. Cash Back on Purchases: Unless otherwise specified, you will earn 1 point for every dollar spent on eligible purchases appearing on your current month's billing statement. Eligible purchases do not include balance transfers, cash advances, convenience checks, disputed or unauthorized purchases/fraudulent transactions, Card Account fees and finance charges and fees for services or programs you elect to receive through us.
  2. Redeeming Cash Rewards: When the rewards balance totals $20 or more, you may visit www.uchooserewards.com to redeem your cash rewards.

    1. The cardholder must accumulate a minimum of 2000 points ($20) to redeem for cash back
    2. Redemptions must be in multiples of $20
    3. You are responsible for any taxes that may be due on cash rewards redemptions
  3. Account Closure: If we close your Account, you will no longer be able to earn or redeem your cash rewards, and you will forfeit any accumulated cash rewards. If you close or convert your Card Account, you will no longer be able to earn cash rewards and you must redeem any eligible cash rewards prior to account closure or cash rewards will be forfeited.
  4. Cash Rewards Expiration: Your MK Decision Rewards points expire at 1095 days.
  5. Value: Cash rewards have no cash value until you request and receive redemption for eligible cash rewards. You may not assign, transfer, or pledge your cash rewards. You have no property rights or other legal interest in cash rewards.
  6. Program Rules: We may revise any of these terms at any time with 30 days prior written notice. In addition, we may terminate the MK Decision Rewards Program with 30 days prior written notice. If we terminate the program, you will only have 90 days to request your redemption eligible cash rewards.

Ohio Residents: Ohio anti-discrimination laws require creditors to make credit equally available to all creditworthy customers and that credit reporting agencies maintain separate credit histories on individuals upon request. The Ohio Civil Rights Commission administers these laws.

Oregon Residents: Service charges not exceeding those permitted by law will be charged on the outstanding balances from month to month. You may pay more than the minimum amount due, up to the entire outstanding balance, at any time.

Rhode Island and Vermont Residents: A consumer credit report may be ordered in connection with this application, or subsequently for purposes of review or collection of the account, increasing the credit line on the account, or other legitimate purposes associated with the account. If you are a Vermont resident, you consent to the obtaining of such reports by signing or otherwise submitting a credit application.

Wisconsin Residents: No provision of any marital property agreement, unilateral statement under section 766.59 of the Wisconsin statutes, or court order under section 766.70 applying to marital property will adversely affect a creditor's interests unless, prior to the time credit is granted, the creditor is furnished with a copy of the agreement, statement or court order, or has actual knowledge of the provision. If the credit card for which you are applying is granted, you will notify the bank if you have spouse who needs to receive notification that credit has been extended to you.

Delaware Residents: Service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month.

*MK Rewards Network