Bernie & Phyl's Financing
We currently offer financing through our provider, Wells Fargo Financial Bank in the form of a Bernie & Phyl's credit card. Approved applicants can purchase products from us and pay for the merchandise.
No Minimum Purchase Required.
Credit Card Agreement
Important Terms of Your Credit Card Account
New York residents may contact the New York State Banking Department to obtain a comparative listing of credit card rates, fees and grace periods. New York State Banking Department 1-877-BANK-NYS (1-877-226-5697)
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases
27.99% (This APR will vary with the market based on the U.S. Prime Rate)
APR for Cash Advance
27.99% This APR will vary with the market based on the U.S. Prime Rate.
Your due date is at least 23 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances on the transaction date.
Minimum Interest Charge
If you are charged interest, the charge will be no less than $1.00.
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.
- Cash Advance
Either $10.00 or 5% of the amount of each cash advance, whichever is greater.
- Late Payment
- Returned Payment
Up to $35.00
Up to $35.00
How We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." See your Agreement for more details.
Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Agreement.
How We Will Calculate Your Penalty Fees: The fee will be the lesser of the Minimum Payment Due or $25.00. For any subsequent event within a rolling six billing cycle period, the fee will be the lesser of the Minimum Payment Due or $35.00.
Daily Periodic Rate: The daily periodic rate used to figure interest for your Account is 0.07668%, which is calculated by dividing the APR by 365. This daily periodic rate will vary with the market based on the U.S. Prime Rate. See your Agreement for more details.
The information about the cost of credit described in this Agreement is accurate as of Dec 2012 This information may have changed after that date. To find out what may have changed, call us at 1-800-459-8451.