Are there any fees associated with my Direct Federal Visa?
If your payments are on time, there are no fees.
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.
How can I get cash advances using my Direct Federal Visa?
You are eligible for cash advances by going to ATMs or banks that are part of the Visa network.
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.
What is the "normal" interest rate on a Direct Federal Visa?
The rate can vary monthly and is based on the Prime rate published in The Wall Street Journal.
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.
What is the credit limit on a Direct Federal Visa?
You can apply for a credit limit of up to $25,000.
You can apply for a credit limit of up to $25,000.
How long will it take to receive my Direct Federal Visa card?
Your Visa credit card is mailed on the third business day after your account is set up.
Your Visa credit card is mailed on the third business day after your account is set up.
How can I increase my credit limit?
To increase your existing credit limit, either complete our secure online application or give us a call at 781.455.6500.
To increase your existing credit limit, either complete our secure online application or give us
a call at 781.455.6500.
Can I pay my Direct Federal Visa bill online?
Yes. You may pay your Direct Federal Visa bill online using your Checking Account.