Credit Cards

Secured Visa Application


Credit less than perfect? You can still get a card!

Complete the form to apply for a secured Visa credit card.

Items with * are required.


Please review the agreement below, scroll down and sign. Then click Submit to complete your request.

State Credit Union Secured Credit Card Account Agreement

By signing electronically below, I hereby agree to pledge the amount shown above in Credit Line Amount Requested, which is on deposit in my State Credit Union membership savings account, as security for any balance, interest and/or other charges I may have on my credit card account with State Credit Union.

I further agree and understand that funds which have been pledged may not be withdrawn by me or anyone except for the purpose of paying any balance, interest and/or other charges that may be due and payable to State Credit Union by me. If there are no payments due to the credit union, I understand that I may cancel this agreement by surrendering my credit card to the credit union if there is not a balance on my credit card account at the time the card is surrendered.

In the event that my credit card account becomes past due, I understand and agree that State Credit Union will transfer any funds necessary to pay off the balance and interest due on my credit card account. I also understand that the credit union may cancel this card in the event that I make charges in an amount which exceeds the monies I have pledged.

I agree that State Credit Union has the right to deduct any money I owe for the minimum periodic payment past due or the entire unpaid balance past due from my account, including shares and deposits, or instruments I have now or hereafter may have with the credit union, except shares of deposits which may be held pursuant to an Individual Retirement Account. The statements herein are submitted for the purpose of obtaining credit and are certified to be true, complete and accurate. I expressly authorize the credit union to obtain any information required concerning this application and to make periodic inquiries of others concerning the foregoing information and to provide, periodically, information arising out of my transactions with the credit union to others.

Upon approval, you will receive disclosures as required by the Federal Truth-in-Lending Act and a cardholder agreement. By initiating the first transaction, Cardholder agrees to the terms and conditions of the agreement and that use and obligation for use of the cards shall be pursuant to those terms and conditions. Refer here for disclosure of Classic Visa rates, fees and other information, as applicable. The undersigned hereby requests a Visa card which also may be used for the purpose of accessing a line of credit through available automated devices. The undersigned applicant acknowledges and agrees to pay the account, thereby applied for, in full. It is further understood that this application for credit remains the property of State Credit Union. With mutual agreement, this agreement may be changed and/or terminated at any time.

*State Credit Union is the trade name for S.C. State Federal Credit Union.


Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases Platinum: 8.9%
Gold: 10.9%
Classic & Secured: 15.9%
APR for Balance Transfers Platinum: 8.9%
Gold: 10.9%
Classic & Secured: 15.9%
APR for Cash Advances Platinum: 8.9%
Gold: 10.9%
Classic & Secured: 15.9%
Your rate is based on individual creditworthiness and our underwriting standards.
Penalty APR and When It Applies None
How to Avoid Paying Interest on Purchases Your due date is at least 25 days after close of each billing cycle. We will not charge interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances, including convenience checks, on the transaction date.
Minimum Interest Charge None
For Credit Card Tips from the Consumer Financial Protection Bureau To 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://consumerfinance.gov/learnmore
Fees
Annual Fee None
Transaction Fees
  • Balance Transfer: None
  • Cash Advance: None
  • Foreign Transaction: None
  • Verified by Visa Password Reset: 1 free per year; $5 each additional
  • Statement Copy Fee: $5 per statement
  • Lost/Damaged Card Replacement: $10 per card
  • Stop Payment on Convenience Check: $25 per check
Penalty Fees
  • Late Payment: Up to $25
  • Over-the-Credit Limit: None; Over-the-Credit Limit transactions not allowed
  • Returned Payment: Up to $25

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

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement. The information about the costs of the card described in this application is accurate as of September 2012. This information may have changed after that date. To find out what may have changed, call us at 803-343-0300 or 1-800-868-8740, or write us at: State Credit Union, PO Box 726, Columbia, SC 29202, or visit www.scscu.com. Please refer to the Truth & Savings Rate & Fee Schedule for other fees that may apply.

The credit union will acquire a security interest in the property purchased with your credit card; and collateral securing other loans with us may also secure this account. Also, you are giving us a security interest in your shares and other deposits in the credit union.



Today’s Date: 12/18/2017