We may change APRs, fees, and other Account terms in the future based on your experience with U.S. Bank National Association and its affiliates as provided under the Cardmember Agreement and applicable law.
Interest Rates and Interest Charges | Fred Meyer Rewards® World Mastercard® |
Annual Percentage Rate (APR) for Purchases | 0% introductory APR for the first 9 billing cycles. After that,11.99% to 23.99% based on your creditworthiness when you open your account. This APR will vary with the market based on the Prime Rate. |
APR for Balance Transfers | 0% introductory APR for the first 9 billing cycles for balances transferred within 30 days from account opening. After that,11.99% to 23.99% based on your creditworthiness when you open your account. This APR will vary with the market based on the Prime Rate. |
APR for Cash Advances | 25.24% This APR will vary with the market based on the Prime Rate. |
Penalty APR and When it Applies | Not applicable |
How to Avoid Paying Interest on Purchases | Your due date is 24 - 30 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. |
Minimum Interest Charge | If you are charged interest, the charge will be no less than $2. |
For Credit Card Tips from the Consumer Financial Protection Bureau | To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore |
Fees | Fred Meyer Rewards® World Mastercard® |
Annual Fee | |
• Annual Membership Fee
|
None |
Transaction Fees | |
•
Balance Transfer
|
Either 4% of the amount of each transfer or $10 minimum, whichever is greater. |
•
Convenience Check Cash Advance1
|
Either 4% of the amount of each advance or $10 minimum, whichever is greater. |
•
Cash Advance ATM
|
Either 4% of the amount of each advance or $10 minimum, whichever is greater. |
•
Cash Advance
|
Either 4% of the amount of each advance or $10 minimum, whichever is greater. |
•
Cash Equivalent Advance
|
Either 4% of the amount of each advance or $20 minimum, whichever is greater. |
•
Overdraft Protection
|
None |
•
Foreign Transaction
|
None |
Penalty Fees | |
•
Late Payment
|
Up to $40 |
•
Returned Payment
|
Up to $35 |
•
Overlimit
|
None |
Rewards Program. The Fred Meyer Rewards® World Mastercard® Program (“Program”) is a program offered to you as part of the Fred Meyer Rewards® World Mastercard® credit card account (the “Account”) issued by U.S. Bank National Association (as used herein, “we”, “us”, “our”, and the “Bank”) and sponsored by Kroger Personal Finance® (“Kroger”). Individuals who use their Account (“you”, “your”, and “Cardmembers”) will earn 1 reward point (“Rewards Points”) for each dollar of Net Purchases spent using their Account and 2 rewards points for each dollar of Net purchases spent using their Account inside Fred Meyer Store(s). As described in this Rewards Program Section, Rewards Points may be automatically redeemed for Fred Meyer Rewards® Rebates (“Rewards Certificates”) which are redeemable for Purchases from Fred Meyer stores. Capitalized terms not defined in this Rewards Program Section are defined elsewhere in the Agreement.
a) Program Participation
You are automatically enrolled in the Program when your Account is opened. You will earn Rewards Points on Net Purchases as described in this Rewards Program Section. Your enrollment in the Program will continue even if you are not earning Rewards Points on your Account or your Account is closed, unless your enrollment in the Program is also cancelled. Your Account must remain open to earn and redeem Rewards Points for all authorized transactions. If your Account is reported as lost/stolen, an Account flagged for fraud or if the Bank has withdrawn or suspended your right to use your Account, you will not earn any Rewards Points or receive any Rewards Points previously earned. If you bring your Account back to good standing, you will be eligible to begin to earn new Rewards Points. If your Account is closed by you or by the Bank, any Rewards Points which have been earned, but for which no Rewards Certificates have been issued, will be forfeited; however, if your Account is closed by the Bank for fraud or a lost or stolen card and the Bank opens a replacement Account and issues a related card, we will transfer any earned but not yet redeemed Rewards Points to your replacement Account.
b) Earning Rewards
Rewards Points are earned each time you make an eligible Purchase using your Account.
-You earn 1 Point for every dollar of Net Purchases (defined below) in a single transaction except for Purchases at Fred Meyer Fuel Centers or Kroger Fuel Centers.
-You earn 2 Points for every dollar of Net Purchases (defined below) in a single transaction inside Fred Meyer Store(s). Exclusions apply at Fred Meyer Fuel Centers or Kroger Fuel Centers.
The list of Fred Meyer Stores, Fred Meyer Fuel Centers and Kroger Fuel Centers is subject to change; for an up-to-date list of participating Fred Meyer stores, visit www.krogercreditfamilyofcompanies.com.
For Purchases to be eligible for Rewards Points, you must pay with your Account at the time of purchase. “Net Purchases” for a statement period are determined by totaling all new Purchases charged to the Account during the billing cycle, then subtracting credits posted to the Account during the billing cycle for returned Purchases and/or adjustments. We may round Net Purchases up or down to a whole dollar amount for purposes of awarding Rewards Points; amounts less than one dollar will be disregarded. If credits during a statement period exceed Purchases, the credit balance will be carried over to the following billing cycles and offset against future Purchases charged to the Account for purposes of awarding Rewards Points. You do not earn Rewards Points on the following transactions with your Account: any purchase at Fred Meyer Fuel Centers or Kroger Fuel Centers, office services, alcohol, tobacco, fuel, pharmacy, and any purchases prohibited by law, Advances (including wire transfers, travelers checks, money orders, foreign cash transactions, betting transactions, lottery tickets and ATM disbursements), Convenience Checks, Balance Transfers, INTEREST CHARGES and Fees, credit insurance charges, transactions to fund certain prepaid card products, U.S. Mint purchases, or transactions to purchase cash convertible items that are posted to your Account. We may reverse Rewards Points that were awarded for unauthorized Purchases, and we reserve the right to reverse Rewards Points and/or cancel benefits or awards if we reasonably believe that a Purchase was not a bona fide purchase of goods or services delivered or performed by a merchant and not returned by you. Rewards Points are nontransferable and have no cash value. Unused Rewards Points will expire on the first day of the 37th cycle after the cycle in which the Rewards Points were awarded. You may not redeem Rewards Points, and you will immediately lose all of your Rewards Points, if your Account is closed to future transactions (including, but not limited to, Program misuse, failure to pay, bankruptcy, or death). There are no limits (other than the Account credit limit) on the amount of Rewards Points Cardmembers can earn. From time to time we may offer special promotions to provide additional opportunities to earn Rewards Points.
c) Rewards Redemption
Rewards Rebate will be automatically issued periodically, but no less frequently than four (4) times each calendar year, generally when you have accumulated a minimum of 500 Rewards Points (worth $5). Rewards Points earned that total less than 500 Rewards Points will remain on your Account for up to thirty-six (36) months until the 500 Rewards Points minimum for Rewards Rebates issuance has been met. Cardmembers can redeem Rewards Rebates at Fred Meyer locations in an amount that equals or exceeds the value of the Rewards Rebate. No cash back will be provided; where the Purchases is less than the value of the Rewards Rebate, no cash refund will be given for the difference. Each Rewards Rebate expires about 11 weeks from the time they are issued. Rewards Rebate have no cash value; they may be used only to purchase merchandise and services at Fred Meyer. Rewards Rebates may not be used to purchase alcohol, cigarettes, tobacco or prescription products. Neither the Bank nor Kroger has any responsibility for lost, stolen, missing or otherwise damaged or destroyed Rewards Certificates.
d) General Program Rules
The Program is offered by Fred Meyer Rewards® World Mastercard®. The Bank disclaims any responsibility for the Program or failure to award Rewards Points or failure to redeem Rewards Certificates. Cardmembers will receive other materials on the Program on their Account Statement from time to time which become part of the Program. The accrued amount of your Rewards Points will appear on your monthly Account statement. Contact Fred Meyer Rewards® World Mastercard® at 1-844-237-0594: Fred Meyer Rewards® World Mastercard® with any questions regarding the Program. Our determination as to application of the Fred Meyer Rewards® World Mastercard® Program Terms and Conditions to Cardmembers shall be final and conclusive. We and Kroger reserve the right to add to, amend, terminate or change the terms of the Program at any time with or without notice to you. The Program is void where prohibited by Federal, state or local law. You are solely responsible for any personal tax liability related to your participation in the Program or as a result of Rewards Points accumulated or redeemed.
The creditor and issuer of this card is U.S. Bank National Association, pursuant to a license from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is trademark of Mastercard International Incorporated.
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