You will not earn rewards on cash advances, balance transfers, convenience checks used to access your account or any cash received with a purchase at the point of sale. Cashback provided on net purchases (purchases minus any returns or credits).
If your account is closed, you will lose any rewards you have not redeemed. If you fail to make two (2) consecutive payments by the due date in a sixty (60) day period of time, any cashback yet to be redeemed will be forfeited.
How We Will Calculate Your Balance: We use a method called “average daily balance method (including new purchases)”. See “Interest Charges” section of your Credit Card Agreement for more information.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Credit Card Agreement. See “Your Billing Rights” section for further details.
Minimum Payment: The payment amount will be any amount past due plus the greater of $25.00 or 5% of the new balance shown on your billing statement.
Cashback – The daily periodic rate for the Purchase APR is 0.03559%. The daily periodic rate for Balance Transfer APR is 0.03559 %. The daily periodic rate for the Cash Advance APR is 0.05203%.
Classic – The daily periodic rate for the Purchase APR is 0.04655%. The daily periodic rate for Balance Transfer APR is 0.04655%. The daily periodic rate for the Cash Advance APR is 0.05753%.
Rates established 06/14/2016. Rates are subject to change on any day and will be updated by 10:00 AM Eastern. Please be sure to check Firstib.com after 10:00 AM Eastern for the rate that will be honored today. Information in this disclosure effective 06/25/2020 and subject to change.
Government regulations require that we make the above disclosures available to you before you apply for a credit card. If you are unable to print this information, First IB will supply you with a printed copy upon request. You may call us toll-free at (888) 873-3424 during normal business hours. Write to us at:
First Internet Bank
PO Box 6080
Fishers, IN 46038
View a printer-friendly (PDF) version of the Credit Card Terms and Conditions.