Credit Cards

Visa Platinum Cards Terms & Conditions

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask you for your name, address, date of birth and other information that will allow us to identify you. We may ask to see your driver’s license or other identifying documents.

Applications are subject to income verification and credit approval.

Disclosure of Credit Card Terms

Swipe/scroll to view full table
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases 9.99% Fixed.  The rate will not increase while the plan is open.
APR for Balance Transfer 9.99% Fixed.  The rate will not increase while the plan is open.
APR for Cash Advance 11.25% Fixed.  The rate will not increase while the plan is open.
Penalty APR and When it Applies

16.99% Fixed.  The rate will not increase while the plan is open.

This APR is a fixed rate and may be applied to your account if you fail to make a required minimum payment within 60 days after the due date for that payment.

How long will the Penalty APR apply? If your APRs are increased for this reason, the Penalty APR will apply until you make six consecutive minimum payments by the due date.

How to Avoid Paying Interest on Purchases Charges are due and payable upon receipt of the periodic billing statement and must be paid no later than the payment due date shown on your billing statement. Your due date will be a minimum of 25 days after the close of each billing cycle. We will not charge you any interest on Purchases and Balance Transfers if you pay your entire New Balance by the due date each month. We will begin charging you interest on Cash Advances from the date you obtained the Cash Advance, or the first day of the billing cycle in which it posted to your Account, whichever is later.  There is no grace period. 
Minimum Interest Charge None.
Collateral Security If you receive a secured VISA Platinum card, your account will be secured by the pledge of a deposit account with the Bank having a balance equal at all times to your line of credit
For Credit Card Tips from the Consumer Financial Protection Bureau
To learn more about factors to consider when applying for or using  a credit card, visit the website of the Consumer Financial Protection Bureau at
Annual Fee Visa Platinum: None
Visa Platinum Scorecard: $15
Visa Platinum Secured: None
Transaction Fees
  • Balance Transfer
  • Cash Fee
  • International Transaction Fee


2% of the amount of each cash advance, ($2 minimum to $10 maximum).

1% of the U.S. dollar amount of the transaction converted from a foreign currency and 0.80% for foreign transactions where a currency conversion is not performed

Penalty Fee
  • Late Payment
  • Returned Check Fee

Up to $20

Up to $25

This information is accurate as of November 1, 2016 and is subject to change after this date.  For current information, please contact American Bank Customer Service by calling us at 610.366.1800, toll-free 888.366.6622, or by writing us at 4029 W. Tilghman St., Allentown, PA 18104.

How We Will Calculate Your Balance: We use a method called average daily balance (including new transactions). See your Personal Cardholder Agreement for additional details.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Personal Cardholder Agreement.

Important Terms and Applicant Agreement – By signing or submitting a Credit Card Application, you understand and agree that American Bank (“we,” “us” or “our”), as the creditor and issuer of your Account, will rely on the information provided on the Application in making a credit decision, and you certify that such information is accurate and complete to the best of your knowledge.  You must have a valid permanent home address within the 50 United States or the District of Columbia.  If we open an account based on your Application, you will be individually liable (or, for joint accounts, individually and jointly liable) for all authorized charges and for all fees referred to in the most recent American Bank Visa Platinum Card Terms and Conditions, which may be amended from time to time.  We may request consumer credit reports about you for evaluating your Application and in the future for reviewing Account credit limits, for Account renewal, for servicing and collection purposes, and for other legitimate purposes associated with your Account.  Upon your request, we will inform you if a consumer report was requested and, if it was, provide you with the name and address of the consumer reporting agency that furnished the report.  By providing a telephone number or a cellular phone or other wireless device, you are expressly consenting to receiving communications at that number, including, but not limited to, prerecorded or artificial voice message calls, text messages, and calls made by an automatic dialing system from us and our agents.  This express consent applies to each such telephone number that you provide to us now or in the future and permits such calls regardless of their purpose.  These calls and messages may incur access fees from your cellular provider.  You also agree that we may verify your employment, income, address and all other information provided with other creditors, credit reporting agencies, employers, third parties, and through records maintained by federal and state agencies (including any state motor vehicle department) and waive any rights of confidentiality you may have in that information under applicable law.  We may report information about your Account to the credit bureaus. Late payments, missed payments, or other defaults on your Account may be reflected in your credit report.

Upon submitting an Application for an American Bank Credit Card, you certify that you have reviewed this disclosure.  You further agree to be bound by the terms and conditions of the Personal Cardholder Agreement which, if your application is approved, will be sent to you.


SCORECARD REWARDS.  When you apply and are approved for our Platinum ScoreCard, you are eligible to participate in our ScoreCard Rewards Program.  Upon receiving your Card, register your Card information on the ScoreCard Rewards website,

If you are a current Cardholder and want to participate in our ScoreCard Rewards Program, please contact us at 610.366.1800 or toll-free 888.366.6622. 

Our Platinum ScoreCard has an Annual Fee of $15.00.  Please refer to the ‘Annual Fees’ section of the Personal Cardholder Agreement for additional information.

Unless you are participating in a limited-time promotional offer, you will earn one Bonus Point (“Point(s)”) in the ScoreCard Rewards Program (“Program”) for every $1 of a qualifying credit card purchase.  A qualifying purchase (“Qualifying Transaction”) shall mean: (i) a transaction that is charged to an eligible credit card account covered by the Program (“Account”), and (ii) a transaction that appears on your statement during the Program period.  Points are deducted for returns.  No Points are earned for finance charges, fees, cash advances, convenience checks (letter/statement checks), ATM withdrawals, foreign transaction currency conversion charges or insurance charges posted to your Account.  You have no limit on the Points you may earn and the Points do not expire. Points have no cash value.

Points can be used to order only the merchandise/travel awards (“Award(s)”) available in the current Program.  You may select Awards from any level, as long as you have a sufficient number of Points available in your Account as of the date of your most recent earnings statement.  Point requirements assigned to any Award are subject to change from time to time without notice, and Awards may be substituted at any time. Should an Award be discontinued, it will be replaced with an Award of equal or greater value or, if no suitable substitute is available, you will be advised to make an alternative selection or your points may be returned to your Account.  You are responsible for any applicable federal, state or local taxes. Program is void where prohibited or restricted by law.

Your Account must be open and in good standing (i.e., not cancelled, terminated by either party or otherwise not available for your use as a payment method) at the time your order is received for processing.  We reserve the right to suspend your participation in the Program until the Account is in good standing.  Rules are subject to change without notice.  The most current version of the Program rules will be provided after Account opening and may also be obtained on the ScoreCard Rewards website,

Rev. 11/16

Apply Now