Start Paying Down Debt Now, Not at the New Year

When it comes to paying down debt, now is as good of a time to start as any. There’s no reason to wait until the New Year, but we can think of a few to get going:

1. Our offer is available now. We don’t think it makes sense to charge you fees when you’re trying to consolidate debt and get your finances back on track. You can transfer your balance from another high-interest card to a Grow Visa^® Preferred Credit Card, and there will be no transfer fee, no cash advance fee and no annual renewal fee.¹

2. Who sticks to New Year’s resolutions anyway? According to an article from Forbes last year, studies have shown that less than 25% of people actually stay committed to their resolutions after just 30 days, and only 8% accomplish them.

3. Tomorrow is brighter than ever. The sooner you pay down your debt, the sooner you can start putting that money toward saving for your dreams. Consider opening a Get Fit Account, which will earn you a higher dividend than our Basic Savings Account and get you a $100 bonus when your balance reaches $10,000!²

¹Introductory rate as low as 1.99% to 4.99% APR. The introductory rate is effective for the first six billing cycles for purchases and balance transfers. After the introductory period expires, or if you do not qualify for an introductory rate, your standard APR will range from 11.74% to 17.99% for purchases and balance transfers. This is a variable rate. The rate you receive will be based on your credit worthiness. This rate will vary with the market based on the Prime Rate as published in the Wall Street Journal “Money Rates” table on the last day of each calendar month. The APR will not exceed 18.00%. If the minimum monthly payment is 60 days late twice in a 12-month period, the rate will revert to a default rate of 18.00% for six (6) billing cycles. Other APRs: Cash Advances 18.00%, Overdraft to Share Account 18.00%. A finance charge of 1.00% will be charged on foreign transactions. Rates are effective as of 12/03/2024 and could change without notice. Annual Percentage Rate (APR).

²The APYs are accurate as of 12/03/2024 and may change without notice after the account is opened. Variable Rate. Fees could reduce earnings. Minimum balance to open is $5. Maximum balance to open is $400. Minimum deposit per month is $20. Maximum deposit per month is $400, withdrawals are permitted. Bonus: When the account reaches $10,000, we will deposit $100 to that account within 90 days and your funds will be transferred to your Basic Savings Account. If more than $400 per month is deposited, the excess will be automatically transferred to your Basic Savings Account. If excess deposits have to be transferred 3 times to the Basic Savings Account, during a 12-month period, the balance of the account will be transferred to the Basic Savings Account. If you fail to deposit $20 per month for 3 months during a 12-month period, the funds in the account will be transferred to the Basic Savings Account. Fees could reduce earnings.

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