Visa CREDIT CARD

If your payments are on time, there are no fees. If your payment is not received by the due date, there is a $25 Late Fee, which will increase to $35 for subsequent late payments within a six-month period. For foreign transactions, the fee is 1% of each transaction in US dollars.

You are eligible for cash advances by going to ATMs or banks that are part of the Visa network. (This will require a PIN, which you can obtain by calling our Call Center at 781.455.6500.) You can also transfer money online between a Direct Federal Visa account and any other Direct Federal account by Call 24 or through Web Banking.

The rate can vary monthly and is based on the Prime rate published in The Wall Street Journal. This rate applies to all transactions —purchases, balance transfers and cash advances. Nearly all other credit cards charge a higher rate for balance transfers and cash advances than they do for purchases. But with a Direct Federal Visa, you are only charged one low rate, regardless of the type of transaction. In some instances, a fixed rate of 18% may be assigned.

You can apply for a credit limit of up to $25,000.

Your Visa credit card is mailed on the third business day after your account is set up.

To increase your existing credit limit, either complete our secure online application or give us
a call at 781.455.6500.

Yes. You may pay your Direct Federal Visa bill online using your Checking Account. Simply complete the enrollment process and you can make a payment from any checking or savings account, even if it is with another bank. You can view your online payment summary history and easily change the designated account or bank at any time.