Picture of five santa claus gnomes

Spend Too Much This Holiday Season?

Help Pay Off Those Bills with a Holiday Loan from BMI Federal Credit Union

'Tis the Season For a Holiday Loan!

Need help recovering from the Holidays? Get a Holiday Loan and choose the loan amount that's right for you. Enjoy low fixed rates and no application fees. 

To learn more about why we love Holiday Loans and how they can help you, read our blog: Why We Love The Holiday Loan. 

Choose Loan Amount and Complete Your Application 

$1,000 for 12 months, 6.99 APR* 

$3,000 for 24 months, 7.99% APR*

$5,000 for 36 months, 8.99% APR*

See How We Can Put a Little Extra Jingle in Your Pocket 

Compare the National Average Credit Card Rates to our Holiday Loans to see how much you'll save! 

  Holiday Loan  Average Credit Card 
Amount  $1,000 $1,000 
APR  6.99%* 21.07%+
Terms  12 months  12 months 
Monthly Payment $87.01  $94.00 
Interest Paid  $44.12  $117.00
Total Cost of Loan  $1,044.12  $1,128.00 
  Holiday Loan  Average Credit Card
Amount  $3,000 $3,000
APR 7.99%* 21.07%+
Terms  24 months  24 months 
Monthly Payment $136.55 $156.00
Interest Paid $277.20 $693.00
Total Cost of Loan  $3,277.20 $3,744.00
  Holiday Loan  Average Credit Card 
Amount $5,000 $5,000
APR 8.99%* 21.07%+
Terms 36 months  36 months
Monthly Payment $160.13 $191.00
Interest Paid  $764.68 $1,755.00
Total Cost of Loan  $5,764.68 $6,876.00

Need Help? 

  • Contact a Member Service Representative at 614.707.4000
  • Visit any of our five branches in Dublin, Columbus or Westerville

 *APR = Annual Percentage Rate. Rates as of November 1, 2023. A $1,000 loan will be 12 monthly payments of $87.01. A $3,000 loan will be 24 monthly payments of $136.55. A $5,000 loan will be 36 monthly payments of $160.13. Only one Holiday Loan per member. Members with existing Holiday Loans are eligible and will need to combine their existing Holiday Loan into the new loan. No Payment for 60 days. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, and qualifications. All loans subject to approval. Membership eligibility requirements apply. BMI FCU may amend, suspend, or discontinue this offer at any time without notice. Offer ends January 31, 2024.

+Source: CreditCards.com; Average credit card interest rates: Week of October 11, 2023; Author: Kelly Dilworth
www.creditcards.com/news/average-credit-card-interest-rates-week-of-october-11-2023/ | www.creditcards.com/calculators