1 APR: Subject to Pricing & Terms. APR is determined based on your creditworthiness. These APRs will vary with the market based on the Prime Rate. We add your APR percentage to the Prime Rate to determine the Purchase, Cash Advance, and Balance Transfer APRs. Maximum APR is 29.99%.
2 No Hard Credit Pull for Eligibility: We conduct a soft credit inquiry to examine credit worthiness for determining eligibility for the Benjamin Credit Card. We conduct a hard credit inquiry if you elect to apply for the card. Benjamin uses credit history, as well as cash management, and other factors to determine credit worthiness.
3 Go Carbon Neutral: If you want to offset your carbon footprint (which we all should be doing), you can activate Carbon Neutrality on your Benjamin Credit Card. Benjamin estimates your carbon footprint based on your transactions, and you can set up automatic carbon offsets to go carbon neutral. This means you can also use your rewards for going green. Benjamin provides a variety of options to choose from, and every cent you offset goes directly to these projects. 4 APY: This APY is an estimate based on competitive market rates and is not guaranteed. APY stands for Annual Percentage Yield; it is different from a simple interest rate, because it takes into account compounding interest. The APY is variable and subject to change before and after account opening. CMA stands for Cash Management Account; it is an account with an SEC-registered broker dealer that allows your funds to be swept nightly to an interest bearing account at a federally insured depository institution; these accounts may have certain additional requirements, exclusions, fees, and certain minimums in order to earn the interest rate or receive any account introductory bonus.