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February 1, 2024
Say Goodbye to High-Interest Debt With Fee-Free Balance Transfers
Is high-interest debt weighing you down? The average credit card interest rate is 27.84%, according to Forbes Advisor’s weekly credit card rates report.1 If you’re stuck in a debt cycle, it can feel like you’re bailing out a sinking boat with a small bucket — paying just enough to get by but not seeing real progress. We can help you stop sinking and get on the path toward living debt-free.
Consolidate High-Interest Debt
It’s no secret that high interest rates contribute to the burden when it comes to getting out of credit card debt. Take advantage of a special offer on one of our most popular credit cards, the Grow Visa® Preferred Credit Card.2
Don’t miss the introductory APR as low as 1.99% to 4.99% for the first six months. After the introductory rate expires, or if you do not qualify for an introductory rate, enjoy a standard variable APR of 12.24% to 17.99%. Decreasing your interest rate will help you make progress toward reducing debt, especially when combined with an effective debt reduction strategy.
No Balance Transfer Fees
You may think moving balances will be costly, and some credit card companies and financial institutions charge additional fees to consolidate balances. Not us!
Balance transfers with a Grow Visa Preferred Credit Card are fee-free.
Reduce your high-interest debt immediately by consolidating balances into one monthly payment. You’ll also enjoy peace of mind with Visa Zero Liability Fraud Protection to safeguard you against unauthorized use of your card.
Start tackling high-interest debt with a Grow Visa Preferred Credit Card so you can focus on your dreams, not your debt. Learn more or apply today.
Subject to credit approval.
1Forbes Advisor. What Is The Average Credit Card Interest Rate This Week? January 8, 2024. Accessed January 10, 2023.
2Introductory 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 between 12.24% and 17.99% for purchases and balance transfers. This is a variable rate. The rate you receive will be based on your creditworthiness. 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 twelve-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 08/16/2023 and could change without notice. Annual Percentage Rate (APR).
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How to Find Your Routing & Account Numbers
When you make a payment online, by phone or on a mobile device, you may be asked for our routing number and your checking account number. Credit unions and banks use these numbers to identify accounts and make sure money gets where it’s supposed to be. You’ll also need to provide your routing and checking account numbers for:
- Direct deposits
- Electronic checks
- Military allotments
- Wire transfers
Where to Find Your Routing & Checking Account Numbers
Your personal checks include both our routing number and your account number, as shown on the Grow check example below.
Don’t have a Grow check? No worries.
Visit any Grow store and ask for a Direct Deposit Form. It lists both your routing number and checking account number.
Making a Loan Payment
When it comes to making payments, we try to make it as painless as possible to pay your loan every month. We have several different ways to pay, including convenient online options.
Pay Online
You have two ways to pay online by transferring funds from another bank or credit union.
- Grow Online Banking (Preferred payment method for any loan)
This is the simplest way to pay your loan. You can make one-time payments or set up automatic recurring payments in Grow Online Banking. Once you log in, select “Transfer/Payments” from the menu. If you’re not enrolled in Grow Online Banking yet, you can set up your account in just a few minutes.
Log In
- Debit Card or ACH (Available for auto, personal loans and HELOCs)
Note: ACH and debit card payments are not available for credit cards or most mortgages, except HELOCs.
We accept ACH payments with no additional fees or Mastercard® and Visa® debit cards with a convenience fee of $4.95. To get started with an online ACH or debit card payment, select Pay Now below.
Pay Now
Pay by Mail
You can also pay any Grow loan by check through the mail. Please remember to include your account number and Grow loan number on the check. (For credit card payments, please do not write your 16-digit credit card number on the check, which can cause a delay in processing the payment.)
Address for auto, credit card, personal loan and HELOC payments:
Grow Financial Federal Credit Union
P.O. Box 75466
Chicago, IL 60675-5466Address for personal first or second mortgages and home equity payments:
Grow Financial Federal Credit Union
P.O. Box 11733
Newark, NJ 07101-4733You Are About To Leave GrowFinancial.org
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