Fall 2018_Flipping Book

Your Money

(purchases & balance transfers)

ScoreCard—Worth Its Weight In GOLD!

G et everything highlighted above and receive double points when you shop at participating merchants (personal cards only). View a list of the participating merchants at americantrust.bank. Redeem your points for cash back or for valuable items such as travel, merchandise, gift cards, and more. Enjoy other Visa benefits such as worldwide acceptance and cash advances. Use Visa Checkout for convenience when shopping online. This card really is worth its weight in GOLD!

*Annual percentage rate. Subject to credit approval. Finance charges assessed on cash advances from the date they are posted. Variable rate is subject to change quarterly and is determined by adding 5% to the NYPrime Rate as published in the Wall Street Journal . Method of computing is based on average daily balance for both purchases and cash advances. Up to $15 charged for late payment. No annual fee, over limit fee, or cash advance fee. See application or a Financial Services Representative for details.

First-Time Homebuyer Savings

T his account was created by the Iowa Legislature to help Iowans save for their first home. It includes provisions that allow individuals to make tax-deductible contributions into an account to be used by the account owner(s) to save for a first home. It only takes $50 to open and no minimum balance is required. You can earn 1.50% APY* up to $20,000. Any balance above $20,000 earns 0.20% APY. There is no maximum deposit amount, and no limit to the number of deposits you can make. One withdrawal is allowed per account, the first withdrawal closes the account and a check is issued for the purchase of your home. First-Time Homebuyer Savings Account owners can get a $500 discount on an American Trust mortgage.

Account holders may exclude from their Iowa adjusted gross income yearly deposits into First-Time Homebuyer Savings Accounts in amounts up to $2,000 a year. Married taxpayers who file a joint return may exclude up to $4,000 a year if the account is opened and maintained as a joint account. Account holders are responsible to provide a transaction report to the Iowa Department of Revenue when funds are withdrawn.

*Annual percentage yield. Consult your tax advisor for tax deductibility. See a financial Services Representative for further details.

Money Talk is published by American Trust and Savings Bank, Dubuque, Iowa, for use by our clients. Reproduction in whole or in parts is prohibited except b mechanical error by our sources, this publication does not guarantee the accuracy, adequacy, or completeness of any information, and is not responsible for an Simply better banking. To report suspicion of fraud, theft, or harassment at American Trust anonymously go to: https://secure.ethicspoint.com/do