Personal Banking > Personal Loans > Reddi-Credit
Reddi-Credit1
DETAILS
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Product Description
An unsecured revolving line of credit that gives you the flexibility to pay for your purchases or other personal expenses.
Purpose
Common uses include:
- Household purchases
- Unexpected expenses
- Personal Investments
Minimum Line Amount
$10,001
Maximum Line Amount
$100,000
Term/Repayment Period
There is no stated maturity or term for this product. You may cancel at any time with written notice to us. We may cancel without cause with 15 days written notice to you.2
Click here for full disclosures
Payment Requirements
Your minimum monthly payment will be 1.50% of your outstanding principal balance plus accrued interest and other charges.3
Interest Rate Features
Variable rate adjusted monthly during life of loan. Call 1-800-995-5626 or the branch nearest you for rates currently available.
Relationship Discounts Available
You may be eligible to receive reductions in your qualifying interest rate based on your overall relationship with us. See rates for complete details.
Costs
You will not be charged any loan closing costs.
Annual Fee
You will be assessed an annual fee of $50.00.
Accessing Funds
By check or in person at the branch nearest you.
1 All loans are subject to credit approval, verification, and collateral evaluation. Credit approval is subject to your meeting specific underwriting requirements. Product available to Arizona residents only and is subject to change without notice. Must be over 18 years old to apply.
2 If you close your line of credit, you will be required to repay the outstanding principal balance plus interest and fees immediately in full.
3 If the outstanding balance is $75 or less, payment is due in full.
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