FAQs - Visa Credit Card

Are there fees for Visa cash advances?

There is no Cash Advance fee. However, there is no grace period before interest begins to accrue.

Why I am being charged interest on my Visa account?

LBS Financial's Visa card accounts come with a 25 day grace period for purchases only. Interest would be assessed immediately if you have a cash advance balance, which is always subject to interest. If you did not pay your balance in full within the 25 day grace period, you would also be assessed interest. The grace period ends 25 days from the statement date. If the statement is dated April 30, your payment for the total balance would need to be posted on or before May 25 of the same year in order to avoid interest on your purchases. If your balance includes cash advances, it is subject to interest every day the balance remains unpaid.