Mid America Bank & Trust Company

Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases 23.9%
APR for Cash Advances 29.9%
Penalty APR and When It Applies 29.9%
This APR may be applied to your account if you:
1.  Make a late payment.
How Long Will the Penalty APR Apply? If your APR is increased for any of these above reasons, the Penalty APR may apply to your account indefinitely.
Paying Interest Your due date is at least 25 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 $.50.
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
Set Up and Maintenance Fees


NOTICE: Some of these set up and maintenance fees will be assessed before you begin using your card and will reduce the amount of credit you initially have available.  For example, if you are assigned the credit limit of $300, your initial available credit will be only about $300.

  • Annual Fee
Transaction Fees
  • Cash Advance
$0 during the first year; after the first year, either $5 or 5% of the amount of each transaction, whichever is greater (not to exceed $100).
  • Foreign Transaction
1% of each transaction.
Penalty Fees  
  • Late Payment
Up to $38
  • Overlimit
Up to $38
  • Returned Payment Fee:
Up to $38

How We Calculate Your Balance:  We use a method called “average daily balance (including new purchases)”.