Unlock rewards with qualifying account activity that make your line of credit more flexible to repay and more affordable to get money when you need it.
Fee Saver
When you make Qualifying Strings of Payments, Fee Saver rewards you by reducing the Statement Balance Fee you must pay each Billing Cycle. You may earn enough Fee Saver rewards over time to reduce your Statement Balance Fee by 33% to 60%, depending on the original fee schedule assigned to you at the time of application based on your creditworthiness.
For a full list of terms and definitions, visit the Line of Credit glossary page.
Apply for a line of credit without affecting your credit score.
The percentage saved in the example above is based on a starting Statement Balance Fee of $10 owed per $100 borrowed. Your fees and percentage saved may be less depending on the fee schedule assigned to you at the time of application based on your creditworthiness.
Fee Saver is an earned reward that reduces the Statement Balance Fee you must pay each Billing Cycle.
You can earn Fee Saver rewards over time as you make Qualifying Strings of Payments (12 consecutive Bi-weekly/Semi-monthly or six consecutive Monthly payments). That means you can begin saving after just six months, with an 8% to 13% Statement Balance Fee reduction!
After 12 months of on-time payments, your savings will increase again. As you continue to make on-time payments, you'll continue to increase your Fee Saver rewards, up to the maximum Fee Saver reward.
The percentage saved is based on the fee schedule assigned to you at the time of application based on your creditworthiness. For more information on how Fee Saver rewards build over time, visit the Rates & Terms.
You can accrue three to eight Fee Saver rewards by making consecutive Qualifying Strings of Payments over time. This means you may be able to reduce your Statement Balance Fee by 33% to 60%, depending on the original fee schedule assigned to you at the time of application based on your creditworthiness.
Fee Saver rewards are automatically applied to your account when you make a Qualifying String of Payments.
You can view your reduced Statement Balance Fee under “Fee Saver Status” within the “My Account” menu.
This won't affect your credit score.