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Check the credit card terms when applying

Check the credit card terms when applying

(NC) Did you know that any time you fill out a credit card application you have the right to key pieces of information that your financial institution must clearly provide by law?

The Financial Consumer Agency of Canada (FCAC) reminds financial consumers to look for, and to carefully read the information box that is usually located at the beginning of a credit card application. At, you can find the major features that credit card issuers must outline in this box. These include, for example, the card's annual interest rate, minimum payment amount, foreign currency conversion rate and annual fee.

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