While Others Increase Rates, Wings Continues to Offer Low Loan Rates

You've heard about credit card companies increasing their interest rates, perhaps it has even happened to you. You were satisfied with the rate on your credit card, then they changed the rules. You've always made your payments on time; you've never exceeded your credit limit, yet your rate is being drastically increased!

Tighter regulations are on the way preventing them from making increases like these, and they know it. As a result, many banks are taking advantage of their customers while they still can – increasing many cardholders' rates well into double digits with some rates as high as 15% to 20%. Wings has offered the same low rate on our Platinum Visa^® card for several years – a low fixed rate of 8.9% APR.* Now might be the best time to move your credit card to Wings!

As your credit union, Wings is a not-for-profit financial institution where you, as a member, are one of the owners. Unlike a bank, our earnings are reinvested in the credit union in the form of higher savings yields, better loan and credit card rates, fewer and lower fees, and enhanced services. That's why you almost always find the overall best deal at Wings.

* APR = annual percentage rate.

eMoneyMatters Home

eMoneyMatters is published by the Marketing Department at Wings Financial Federal Credit Union for its members. It is designed to help maintain communication with members and provide reliable and helpful information that will contribute to each member's overall financial well-being. eMoneyMatters is published at Wings Financial Federal Credit Union, 14985 Glazier Avenue, Apple Valley, MN 55124, (952) 997-8000. While consistent effort is made to ensure the integrity of information contained in this publication, material should not be considered legal, financial or professional advice. The publishers do not assume liability for loss or damage as a result of reliance on this data. Images may be from one or more of these sources: ©Jupiterimages, ©Getty Images, ©iStock, ©SnapVillage. Copyright ©2009 Wings Financial Federal Credit Union. All rights reserved.