Introducing the Official Credit Card of University of Maryland Alumni & Fans!
Stay fearless and show your Maryland pride every time you shop with the Terps VISA® Signature Rewards Card. Earn Terp Rewards on your everyday transactions and redeem points for exclusive travel, premium merchandise, events, and gift cards. PLUS, donations back to the University of Maryland Alumni Association.
Features & Benefits
Earn 1 point for every $1 spent with your Terps VISA® Signature Rewards Card. Redeem points for the rewards you want!
Annual Fee: NONE
Foreign Transaction Fees: NONE
VISA® Signature Benefits
Enjoy all of the standard peace of mind benefits from VISA® plus enhanced VISA® perks and privileges.
Terps Card Overview
|Foreign Transaction Fees||No|
|Introductory Offer||Yes: 0% APR¹, 10,000 Points²|
Scroll right to see the entire table
Visa® Signature Benefits
Emergency Card/Cash Disbursement
Lost/Stolen Card Reporting
Signature Perks – Travel, Entertainment, Fine Wine & Food, Sports, and Shopping
Use your Terps Card to earn 10X points on all University of Maryland purchases!3
0% APR1 for the first 12 months after card opening on balance transfers
VACATION ON US
Earn 10,000 bonus points when you spend $500 in purchases within 30 days of card issuance2
Redeem points for merchandise, travel, gift cards, and more!
|Interest Rates and Interest Charges|
|Annual Percentage Rate (APR) for Purchases||
Your APR will be 15.00% to 24.00%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
|APR for Balance Transfers||
0.00% Introductory APR for 12 months from issuance of the card.
After that, your APR will be 15.00% to 24.00%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.
|APR for Cash Advances||15.00% to 24.00%, when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.|
Balance Transfer Fee: $10.00 or 3.00% of the amount of each balance transfer, whichever is greater
Cash Advance Fee: $10.00 or 3.00% of the amount of each cash advance, whichever is greater
Foreign Transaction Fee: None
Transaction Fee for Purchases: None
1Terms and conditions: APR=Annual Percentage Rate. The promotional APR for balance transfers for new cardholders is 0% for the first 12 billing cycles after card issuance. The balance transfer fee is 3% or $10, whichever is greater, for Terps VISA® Signature Rewards accounts. After that, the APR for balance transfers will be 15.50% - 24.00% based on your creditworthiness. The APR for all purchases is 15.50% - 24.00% based on your creditworthiness. This APR will vary with the market based on the Prime Rate. If you are requesting Terps Card to transfer outstanding credit card balances to your Terps VISA® Signature Rewards credit line, finance charges will accrue from the transaction date with no grace period. Allow at least two weeks for processing your request(s). Continue to make monthly payments to each creditor until the balance transfer appears as a credit on that account. Transactions are subject to the account opening disclosure and your Credit Card Agreement. Terps Card reserves the right to refuse any application.
2New cardholder accounts are eligible for 10,000 bonus points after spending $500 in purchases within the first 30 days of card issuance. This offer is not available for applicants who have or have had this card. Eligible purchases are purchases for goods and services minus returns and other credits. "Purchases" do not include balance transfers, cash advances, prepaid cards, gift cards, wire transfers, bill pay, similar transfers, or other cash equivalents. To be eligible for this bonus offer, account must be open and not in default at the time of fulfillment. If we in our sole discretion determine that you have engaged in abuse, misuse, or gaming in connection with this offer in any way or that you intend to do so (for example, if you cancel or return purchases you made to meet the required spend), we may not credit bonus points or we may take away points from your account. We may also cancel this Card account. Transactions are subject to the account opening disclosure and your Credit Card Agreement. Allow up to 60 days after qualification period for points to be applied. Terps Card reserves the right to refuse any application.