The Advantage of Making Yourself a Loan…..

When approved you will have availability to a revolving credit line which can be accessed at your convenience. CREDITadvantage from American Bank of Commerce, is a better way to have the money for what you need when you need it.

CREDITadvantage is a personal line of credit through which you may qualify for as much as $10,000 at a variable rate of interest above the Wall Street Journal Prime Lending Rate. Access your credit line in two easy ways:

• Write a CREDITadvantage check
• Write a check on your American Bank of Commerce checking account for more than your current balance and we will advance the money you need automatically, in increments of $100 into your checking account.

The Advantage Over Credit Cards…..

CREDITadvantage is a better alternative to credit cards. You'll enjoy an interest rate that most credit cards cannot match and you pay no annual fee, late fee, or access charges. Because the interest rate is lower than that of most credit cards, you can save money by paying off credit card balances using your CREDITadvantage account.

Activity History and Repayment Methods

Each month you will see a history of your CREDITadvantage account activity on your regular checking account statement. 5% of your outstanding balance or $25.00, whichever is greater, is due monthly. Your minimum monthly payment will be automatically drafted from your checking account. Also, you can pay all or part of your CREDITadvantage balance at any time without penalty.

Applying for CREDITadvantage

Applying for CREDITadvantage is as easy as applying for a credit card, maybe easier. Since we are locally owned, our decision-makers are here providing you with quality and efficient service.

Resource Banking ~ It starts with ABC! Apply today...applications available at any ABC Banking Center or upon request by email or phone.