Specifics

• Introductory Rate: 0% APR for 6 Months
• Applied Towards: Purchases, Balance Transfers, Cash Advances
• APR (Purchases): 12.99% The APR for purchases is based on the Prime Rate.
• APR (Cash Advances): 19.99% There is a minimum APR on cash advances. The APR for cash advances is based on the Prime Rate.
• Finance Configuration: Average Daily Balance (including new purchases)
• Annual Fee: None
• Additional Cardholders: $0
• Grace Period: 20 Days (Min.)
• Minimum Credit Limit: $500
• Maximum Credit Limit: n/a
• Late Payment Fee: $15 on balances up to $100; $29 on balances of $100 up to $250; $39 on balances of $250 and over
• Over-The-Limit Fee: $39
• Cash Advance Fee: 3%, $5 minimum
• Balance Transfer Fee: 3% of each balance transfer; $5 minimum

Reward Program Details

• Points per Dollar: 1 Point
• Additional Points: Earn 5 points per dollar for purchases made at restaurants, bookstores, record stores, movie theaters, and video rentals; earn 1 point per dollar for all other purchases; earn 25 points when payments are paid on time and spending is not over the credit limit; and earn between 250 and 2,000 points twice a year dependent on the cardholder's GPA (beginning at 2.5).
• Point Details: Points can be redeemed for gift cards, merchandise, travel, VIP passes to mtvU's Spring Break, and tickets to the MTV Video Music Awards.
• Expiration: 5 Years (Account inactivity for more than 36 months could result in the forfeiture of some or all of the Cashback Bonus.)
• Yearly Limit: 75,000 Points

Review

This is a good choice if you pay off your card each month and use the reward program. Earn 1 point per $1 for general purchases and 5 points per $1 spent on purchases made on entertainment such as dining, bookstores, music stores, videos and movies. Receive between 250 and 2,000 bonus points for making good grades. Receive 25 points for payments made on time and remaining under the credit limit. Redeem points for tickets to the MTV VMA's, gift certificates, CDs, airline tickets, or a VIP pass for mtvU Spring Break. Earn up to 75,000 points per year. Receive 10% purchase discounts at the online MTV store the MTV store in New York City. Last Modified Date: 11/3/2008 12:00:00 AM

Additional Perks

Various Internet account related services.
Identity theft solutions.
Automatic bill payments.
Lost and stolen card reporting.
Emergency cash replacement.
Emergency card replacement.
No liability for unauthorized purchases.
Fraud and security protection services.
Year-end financial statement (upon request).
Up to $1,000,000 in travel accident insurance.
Auto rental insurance.
Various travel and emergency assistance services.
Medical referral services.
Legal referral services.
Lost luggage assistance.
Discounts on auto rentals.
10% discount on purchases made at the MTV online store and the MTV New York City Store.
Access to credit education tips and tools.
See website for additional benefits.
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Important Notations

No minimum income or co-signer required to activate an account. The minimum APR for cash advances is 19.99%. See website for complete terms and conditions of card usage and application disclosure.