A credit card grace period is the time between the end of your billing cycle and your payment due date. If you pay your statement balance in full every month, you pay $0 in interest.

If you don't pay your full balance and only pay the minimum due, you'll be charged interest on the remaining balance. Interest is determined by your APR. APR on Arbor cards ranges from 9.5%-18% depending on card type and your credit score.*

According to NerdWallet, the average APR in the US is between 16% and 29%. If you are looking for a great low-rate card, our Advantage card may be the best card for you, with rates starting at just 9.5% APR.* Your rate will never exceed 18% here at Arbor. 

The right number depends on your financial situation. Having multiple credit cards isn't necessarily bad; in fact, it can help you maximize rewards in some cases,  but opening too many in a short period can hurt your credit score.

No! In fact, it is recommended to do it once a year. Arbor makes it easy to check, with CreditScore in Mobile & Online banking; you can check it every time you log in to your digital banking account, set a credit score goal, and get personalized advice on how to improve your score.

Yes, starting at 16, we allow Volt members to get an Arbor Rewards credit card with their parents as cosigners to help build credit early for future life milestones!

Yes, here at Arbor, we have competitive Business Rewards credit cards.

We do not currently offer secured credit cards at Arbor Financial. A secured card is a credit card that has a cash security deposit so that you are borrowing against money you have. It can help your credit if you pay it off on time and follow good credit card usage practices. 

No, none of our Arbor Financial Credit Cards have annual fees. 

Yes, if you are applying for a new credit card, you must submit an application, which includes a hard inquiry on your credit report. For that reason, your credit score may be temporarily impacted. 

No, Visa's Zero Liability policy covers you if your account is compromised,¹ but make sure to lock your card and report it as soon as you notice any fraudulent activity. To learn what to do if your card is compromised, click here. 

You can access rewards via the widget on the homepage of Arbor's Mobile & Online Banking.

Yes, you can ask for a credit limit increase at any time. We consider items like: your debt-to-income ratio, payment history, and income when reviewing a credit line increase.